【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

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

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

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

【ECF Weekly】Digital Fracturing Boosted by CNPC and Huawei

【ECF Weekly】Digital Fracturing Boosted by CNPC and Huawei

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

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

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

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.

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

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

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

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

Two super large shale oil fields of Sinopec are born

According to Sinopec, on March 3rd, Sinopec made a significant discovery

List of Representatives for the Two Sessions of PetroChina, Sinopec, and CNOOC

According to incomplete statistics, there will be a total of 44 National People's Congress deputies and CPPCC members from the petroleum and petrochemical system at the 2025 National People's Congress and Chinese People's Political Consultative Conference

Collaboration on Major Coalbed Methane Development Projects between PetroChina and the Government

On February 21st, Gao Hanwu, Deputy Secretary of the Yanchuan County Party Committee and Government County Mayor

Significant breakthrough in shale gas exploration in Shaanxi province

Recently, the Shaanxi Pingye 1 well, which has attracted much attention from the industry, successfully completed a 3150 meter construction task in Zhongbao Town

【ECF Weekly】Newly discovered 10 billion ton oil fields

【ECF Weekly】Newly discovered 10 billion ton oil fields

2025-02-22

Deepwell Tako 1 successfully completed drilling at a depth of 10910 meters underground, becoming the first vertical well in Asia and the second in the world

On February 20th, it was announced at a press conference by China National Petroleum Corporation that China's first over 10000 meter deep exploration well, Deepwell 1

Tech China drilling 2025-02-21

Ningxia predicts 400 billion cubic meters of coalbed methane resources

According to the Natural Resources Department of Ningxia, the predicted coalbed methane resources in Ningxia are 400 billion cubic meters

Unveiling the Beginning and End of Major Breakthroughs in Oil and Gas Exploration in the Sanmenxia Basin

In 2024, the China Geological Survey of the Ministry of Natural Resources, in conjunction with the People's Government of Henan Province

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