Sichuan Expands Energy Investment by Nearly 50 Billion Yuan

Sichuan's investment in energy projects in the first seven months was 49.3 billion yuan (+4.0% yoy). Among them, the investment in oil and gas projects was 15.9 billion yuan (+8.9% yoy).

China Investment China Energy 2023-05-05

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

PetroChina Completed the First 50 Billion m3/a Gas Area

The annual natural gas output of PetroChina Changqing Oilfield has exceeded 50 billion cubic meters, accounting for 1/4 of the national natural gas output in the same period, marking the establishment of the first domestic strategic atmospheric area with an annual output of 50 billion cubic meters.

CNPC PetroChina 2023-01-07

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

Shaanxi Province: 15billion Cubic Meters of Natural Gas Construction

The construction of Yanchang Petroleum production ,whose annual capacity is 15 billion m3, was held in Yan'an, Shanxi Province.

China Gas China Exploration 2022-07-25

Half Year Net Profit of PetroChina Exceeded 80 Billion yuan, Half Year Net Profit of CNOOC Exceeded Last Whole Year

Half Year Net Profit of PetroChina Exceeded 80 Billion yuan, Half Year Net Profit of CNOOC Exceeded Last Whole Year

PetroChina CNOOC 2022-07-18

CNPC Headquarters Departments Reduced by 25% and Personnel Downsized by 10%

CNPC has established and improved a new organizational system, reducing headquarters departments by 25%, departments by 20% and personnel by 10%!

CNPC PetroChina 2022-06-30

Key Technologies for Production of 30 Billion Cubic Meters of Natural Gas in PetroChina Southwest Oil and Gas Field Company Have Achieved Success

On June 14, PetroChina's major science and technology project "research and application of key technologies for the production of 30billion cubic meters of natural gas from PetroChina Southwest Oil and gas field company" successfully passed the formal acceptance and was rated as "excellent".

Tech CNPC 2022-06-16

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

BDStar Navigation Plans to Establish a Joint Venture with PetroChina to Realize the Application of "Beidou" in Energy

Beidou Xingtong plans to jointly invest and establish a company with Kunlun Digital Intelligence and PetroChina Huipu under PetroChina to realize the application of "Beidou" in oil and gas exploration, production, refining, storage and transportation, sales and other rich scenes.

Cooperation CNPC 2022-05-26

CNPC Operating Performance in 2021 Reached the Best Level in Nearly Seven Years and Announced Its 2022 Plan Objectives

CNPC disclosed its operating results in 2021. In 2021, the group achieved an operating revenue of RMB 2614.349 billion, an increase of 35.2% over the same period of the previous year, and the net profit attributable to the shareholders of the parent company was RMB 92.170 billion.

CNPC China Energy 2022-04-04

【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

198 Billion! Sinopec's Largest Planned Capital Expenditure in 2022

Thanks to the impact of COVID-19's energy demand recovery and oil price rise, Sinopec achieved its biggest profit in 10 years in 2021, with a net profit of 71 billion 210 million yuan for its parent company shareholders. In response to the national call to increase energy production.

China Investment Sinopec 2022-03-28

CNPC Has Achieved Many Results in Its Cooperation with Russia

Recently, PetroChina and its Russian partners signed a number of cooperation documents, opening up a new situation for further strengthening mutually beneficial cooperation in oil, natural gas, new energy and other fields.

Cooperation China Energy CNPC 2022-02-07

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

Yongtai Energy: the Company's Guizhou Shale Gas Project Yongtai One-well Fracturing Gas Test Project Has Determined

The company's Guizhou shale gas project Yongtai 1 well fracturing gas test project has completed the public bidding as planned, and the bid winner has been determined

China Crude Futures China Oil China Shale Oil 2021-11-19

PetroChina Has Signed Procurement Agreements with 33 Partners Around the World for Nearly US $15.5 Billion

The CNPC International Cooperation Forum and signing ceremony with the theme of "energy transformation and international cooperation driven by the 'double carbon' goal" was held on the 5th.

China Oil Cooperation 2021-11-12

CNPC signed a contract for drilling project of Iraq Rumaila oilfield with a total amount of RMB 556 million

CNPC announced that the company has signed a contract with BP N.V. for the drilling project of Rumaila oilfield in Iraq. The contract amount is expected to be US $85 million (about RMB 556 million), accounting for 22.57% of the company's audited operating income in 2019.

CNPC China Investment China drilling 2020-12-13

China’s Shanghai gas exchange to launch LNG group purchasing by year-end

China’s Shanghai Petroleum and Natural Gas Exchange is aiming to introduce group purchasing services for liquefied natural gas (LNG) buy tenders on its trading platform this month, allowing purchases of smaller LNG portions by small and medium-sized buyers.The exchange, which launched international LNG tender services in late October, said having a group purchasing option would cater to trading entities of different types and sizes.The purchases would be managed by a group “leader” who must own an LNG terminal to receive shipment, be responsible for the shipment and risks and coordinate splitt

China LNG China Gas Import SHPGX 2020-12-13