Fully Liberalize the Oil and Gas Exploitation Market in China

The Ministry of Natural Resources held a press conference to introduce the reform of the mining right transfer system, the reform of oil and gas exploration and production management, and the reform of reserves management.

China Economy China Policy 2023-07-18

"Key Core Technologies" Required to be Broken Through in the Government Work Report

In this year's government work report, in addition to emphasizing the importance of domestic exploration and development and increasing storage and production, the most important thing is to promote key core technology research, digital transformation of traditional industries, research and developm

China Policy China Investment 2023-03-10

Sinopec Held the 2023 Working Conference

On January 12, the working meeting and HSE working meeting of the group company was held in Beijing. The meeting mobilized all cadres and employees to shoulder the new mission with new responsibilities and promote high-quality development with cohesion.

Sinopec 2023-01-14

Circular of the Ministry of Natural Resources on Ensuring Land for Mining

The Ministry of Natural Resources issued the Notice of the Ministry of Natural Resources on Ensuring Mining Land, which will support the normal supply of mining land in various regions and ensure the security of national energy and resource supply. Valid for 3 years.

China Crude Futures China Policy 2022-12-04

PetroChina's Operating Revenue in the First Three Quarters Was 2.46 Trillion Yuan

PetroChina announced that in the first three quarters of 2022, achieved operating revenue of 2.46 trillion yuan, +30.6% yoy; net profit attributable to shareholders of the parent company was RMB 120.271 billion, +60.1% yoy; net cash flow from operating activities +38.3% yoy.

Global Market CNPC 2022-10-30

【ECF Weekly】16 Year Exploration of Shale Gas in Sichuan Basin

【ECF Weekly】16 Year Exploration of Shale Gas in Sichuan Basin

ECF Weekly 2022-10-02

Han Zheng Attends the 2022 Annual Meeting of China International Cooperation Committee on Environment and Development

Han Zheng, member of the Standing Committee of the Political Bureau of the CPC Central Committee, vice premier of the State Council and chairman of the China Council for international cooperation in environment and development.

China Economy China Policy 2022-06-21

Call for Speakers & Papers: Energy China Forum 2022-Hydraulic Fracturing Technology Sub-Forum

Call for Speakers and Papers: Energy China Forum 2022-Hydraulic Fracturing Technology Sub-Forum

ECF China Shale Oil China Shale Gas 2022-06-04

【ECF China Shale Weekly Review -May 8, 2022】NEA: China's Coalbed Methane Developing Rapidly

【ECF Weekly】NEA: China's Coalbed Methane Developing Rapidly

China Energy CBM Tech ECF Weekly 2022-05-08

Future of Oil and Gas Industry in 14th Five-Year Plan for Modern Energy System

Recently, the national development and Reform Commission and the National Energy Administration jointly issued the 14th Five-Year-Plan for modern energy system (hereinafter referred to as the plan).

Energy Reform China Policy China Energy 2022-04-22

【ECF Weekly】China in Accelerating Construction of a Modern Energy System;CNOOC Offshore Power System Will Produce 1.09 Million Tons of "Carbon Neutral Crude Oil" by Introducing Green Power For First Time

【ECF Weekly】China in Accelerating Construction of a Modern Energy System;CNOOC Offshore Power System Will Produce 1.09 Million Tons of "Carbon Neutral Crude Oil" by Introducing Green Power For First Time

ECF ECF Weekly 2022-04-03

US and Europe Launched the "Natural Gas Marshall Plan" and the Global Energy Supply Map May Be Reshaping

In the long run, huge market forces and political will are redrawing the map of global energy supply. The United States will transport more liquefied natural gas across the Atlantic, and Russia's oil and gas also needs to cross mountains and rivers to find new buyers.

Opinion gas trade Global Market 2022-03-29

New UK Energy Strategy Favors Oil, Gas and Nuclear

Recently, British Prime Minister Boris Johnson stressed at the round table of leaders of the nuclear industry that Britain's top priority is to strengthen its energy security and promote the development of the nuclear energy industry "at the speed of light".

Global Market Environmental Protection 2022-03-29

Academician Zou Caineng: the Construction of Gas Storage in China is a World-Class Problem

In the winter of 2021, European natural gas prices soared all the way, especially after December. Natural gas prices continued to rise, bringing a series of shocks to Europe.Tight gas supply is not just in Europe.In the Middle East, Lebanon, known as "little Paris in the Middle East", has suffered a nationwide large-scale power outage due to fuel shortage.In Asia, South Korea, Japan, India and other countries set off a rush to buy natural gas, boosting the further rise of natural gas prices. JKM, an important indicator of natural gas prices in Asia, rose 42% a day

China Gas Carbon Neutrality 2022-03-25

Deputy to National People's Congress: Improving the Management Policy of Renewal of Oil and Gas Exploration Rights

Recently, Tao Guanghui, deputy to the National People's Congress, said in an interview that at present, the first registration period of the exploration right established by the transfer method is extended to five years. The deduction ratio is obviously too high.

Prospecting rights China Policy 2022-03-11

ECF China Shale Weekly Review -Dec 12, 2021

Energy China Forum releases weekly reviews of China shale oil & gas updates every Sunday. For more China shale oil & gas information, please contact ECF editor. ECF China Shale Weekly Review -Dec 12, 2021Policy & Industry 【China speeding the develop & application of advanced oil & gas exploration technologies to ensure national energy security in 2022】China holds key economic meeting, the annual Central Economic Work Conference, in Beijing from Wednesday to Friday as Chinese leaders mapped out priorities for the economic work in 2022. According to the meeting ,  China should e

ECF China Shale Oil China Shale Gas ECF Weekly 2021-12-12

China Mineral Resources 2021

《China Mineral Resources 2021》Prepared by Ministry of Natural Resources, PRC. Till the end of year 2020, a total of 173 kinds of minerals have been discovered in China, including 13 kinds of energy materials. In 2020, the investment in geological exploration decreased by 12.2% annually.

China Oil China Gas China Policy China Investment 2021-11-29

ECF China Shale Weekly Review -Nov 21st : China releasing oil from its strategic reserves

nergy China Forum releases weekly reviews of China shale oil & gas updates every Sunday. For more China shale oil & gas information, please contact ECF editor. ECF China Shale Weekly Review -Nov. 21stPolicy & Industry 【China begins releasing oil from its strategic reserves】China is releasing some oil from its strategic reserves days after the U.S. invited it to participate in a joint sale, suggesting the world’s two biggest oil consumers are willing to work together to keep a lid on energy costs.Exploration & Production 【CHINA DATA: October natural gas output rises 5% on month to

ECF China Shale Oil China Shale Gas ECF Weekly 2021-11-21

ECF News - National Energy Administration conducts investigation and supervision of oil & gas reserves and production

The National Energy Administration conducts investigation and supervision of oil and natural gas reserves and productionIn order to thoroughly study and implement the spirit of General Secretary Xi Jinping’s important speech during the inspection of Shengli Oilfield in Dongying City, Shandong Province, and to implement the decisions and deployments of the Party Central Committee and the State Council on vigorously enhancing oil and gas exploration and development and strengthening the development of unconventional oil and gas resources, and promote the implementation of the National Energy Com

ECF China Policy 2021-11-08

President Xi stresses energy self-reliance during oilfield visit

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Thursday said China, as a manufacturing powerhouse, must enhance self-reliance in energy amid efforts to develop the real economy.Xi encouraged oil workers to strive for new achievements when visiting a drilling platform in the Shengli Oilfield in Dongying City, east China's Shandong Province.Oil production is of great significance to the country, Xi noted.This year marks the 60th anniversary of the discovery of an oilfield in Dongying, which was later named Shengli Oilfield.On behalf of the CPC Central C

China Oil Exploration China Policy Sinopec 2021-11-08