【ECF Weekly】Surge in Share Buybacks Signals Strong Market Faith

【ECF Weekly】Surge in Share Buybacks Signals Strong Market Faith

2025-04-12

Breakthrough CBM Extraction Tech Enhances Mine Safety and Efficiency

China Coal Tech's new CBM extraction system, featuring advanced drilling and fracturing technologies, has been applied in over 40 mines nationwide. It enhances gas recovery from complex coal seams and sets new records for deep CBM wells. The innovation marks a major step in safe, efficient, and gree

Tech China Coalbed methane (CBM) China Emissions 2025-04-11

XCMG Modular Drilling Rig Powers Green CBM Development in Shenmu

XCMG’s XSM2250 modular drilling rig is accelerating CBM development in Shenmu City with daily drilling exceeding 600 meters. Designed for efficiency and mobility, it reduces setup time and costs while enhancing environmental performance. XCMG continues to innovate in green drilling technologies to s

Tech China Coalbed methane (CBM) Environmental Protection 2025-04-10

Central SOEs Launch Billions in Buybacks to Stabilize China's A-Share Market

China's state-owned giants—including PetroChina, Sinopec, and CNOOC—have initiated large-scale share repurchases and stake increases totaling tens of billions of yuan. These moves, backed by Central Huijin and SASAC support, aim to stabilize capital markets, boost investor confidence, and reflect st

China Oil China Policy China Investment 2025-04-09

Western Sichuan Gas Field Surpasses 2 Billion Cubic Meters in Production

The Western Sichuan Gas Field has exceeded 2 billion cubic meters of gas output since its 2024 launch. The project emphasizes integrated gas extraction, purification, and delivery under complex geological and safety conditions. Innovative production, risk control, energy efficiency, and lifecycle ma

Digital Energy China Gas 2025-04-08

China Advances Core Sample Data Integration with National Scientific Drilling Project

China's core scientific drilling data initiative, launched in 2022 and led by the National Geoscience Sample Center, is building an integrated, multi-parameter core sample database. The 2024 review meeting confirmed major progress in data collection, integration, and visualization, and set the stage

Tech Digital Energy China Exploration 2025-04-07

【ECF Weekly】Digital Fracturing Boosted by CNPC and Huawei

【ECF Weekly】Digital Fracturing Boosted by CNPC and Huawei

Tech CNPC PetroChina Sinopec ECF Weekly 2025-04-05

Component Flow Key to Boosting China’s Shale Oil Recovery

China’s terrestrial shale oil output is rising, but recovery remains low due to the poor mobility of heavy hydrocarbons in nano-scale pores. Professor Zhao Wenzhi introduces the concept of “component flow,” where light and intermediate hydrocarbons help mobilize heavy components through miscibility.

China Oil Output Tech China Shale Oil 2025-04-04

Key Lab for Deep CBM Development Approved in Inner Mongolia

A key lab focused on deep coalbed methane (CBM) development has been approved in Inner Mongolia. Led by Peking University and joined by two other major universities, the lab will develop technologies and theories for efficient, large-scale CBM exploitation, supporting China’s dual carbon goals and r

China Coalbed methane (CBM) Carbon Neutrality China Shale Gas 2025-04-03

CNPC Launches 1-Million-Ton CCUS Project in Xinjiang Oilfield

CNPC has launched construction of its first million-ton CCUS project at the Xinjiang Oilfield, aimed at capturing 1 million tons of CO₂ annually from a coal power plant. As part of China's low-carbon push, the project will support enhanced oil recovery (EOR) and help transition Xinjiang’s energy mix

China Oilfield Services CCS/CCUS Carbon Neutrality 2025-04-03

Tuoha Oilfield Advances Ultra-Deep Heavy Oil Project Toward 10-Million-Ton Goal

Tuoha Oilfield has completed the first drilling of its ultra-deep heavy oil "Ballast Project" in Lukuqin, aiming for over 10 million tons in cumulative production. Known for its extreme depth and oil viscosity, the site presents a global extraction challenge. With only 7.49% of reserves tapped, the

China Oil Output China Oil China Oil Exploration 2025-04-01

Southwest Oil & Gas Field Advances Digital Fracturing Strategy with Huawei and CNPC

Southwest Oil & Gas Field collaborated with CNPC's research arm and Huawei to advance digital fracturing. The team assessed intelligent systems like TFOC and discussed data governance, 3D modeling, and domestic software integration. Plans include normalizing remote intelligent support, improving dat

Digital Energy China Gas China Oilfield Services 2025-03-31

【ECF Weekly】CNPC and Shanxi Sign Coal-Derived Gas Co-Deal

【ECF Weekly】CNPC and Shanxi Sign Coal-Derived Gas Co-Deal

Tech CNPC PetroChina Sinopec ECF Weekly 2025-03-22

Xinjiang Party Chief Urges Accelerated Energy and Resource Development in Hami

Xinjiang Party Secretary Ma Xingrui visited Hami to push forward key energy, resource, and infrastructure projects, emphasizing new energy development, digital construction, private investment support, and the transformation of Xinjiang’s resource advantage into national strategic capacity.

Digital Energy China Policy Wind Power 2025-03-21

China, Belarus Sign First Overseas Unconventional Oil and Gas Research Deal

China’s Oil and Gas Resources Survey Center signed its first overseas technical service contract with Belarus, focusing on unconventional reservoir research at the Northern Domanovich Oilfield. The project aims to enhance Belarus’s resource utilization and extraction efficiency while deepening inter

Cooperation China Oil Exploration Shale Finance 2025-03-20

High-Yield Gas Flow from Re-Tested Well Expands Potential in Anyue Gas Field

Sinopec's Southwest Oil & Gas Company achieved a high-yield gas flow from the re-tested Well Moxi 122 in the Anyue Gas Field, confirming strong potential in the Qixia and Maokou formations and expanding production prospects in mature areas.

China Gas China Exploration China Shale Gas 2025-03-19

Puguang Gas Field Condensate Oil Output Surpasses 6,000 Tons

Sinopec’s Puguang Gas Field has exceeded 6,000 tons in condensate oil production, with advanced techniques enabling steady output from complex shale and tight gas reservoirs. With a solid resource base and continuous optimization, Puguang is boosting its role in China's oil and gas production landsc

China Gas China Oilfield Services China Shale Gas 2025-03-18

Major Breakthrough in Submarine Mountain Oil and Gas Exploration in Beibu Gulf

CNOOC announced a major oil and gas discovery at the Weizhou 10-5 field in the Beibu Gulf, highlighting a breakthrough in exploring complex buried hill reservoirs. These ancient geological formations are becoming key targets in China's offshore energy strategy, with increasing discoveries enhancing

Tech China Oil Exploration Offshore Exploration 2025-03-17

【ECF Weekly】 44 Oil & Petro Representatives at 2025 Two Sessions

【ECF Weekly】 44 Oil & Petro Representatives at 2025 Two Sessions

Tech CNPC PetroChina Sinopec ECF Weekly 2025-03-08

Major breakthrough in oil and gas exploration in the Beibu Gulf waters of China

The reporter learned from CNOOC that the Weizhou 10-5 oil and gas field located in the Beibu Gulf of China has achieved high-yield oil and gas flow

China Exploration CNOOC 2025-03-07