Gas extraction of 2.206 billion cubic meters! The Dagang Oilfield Gas Storage Group has set a new record for gas production

With the closure of the production valve of Well H1 in Bai 15, the 23rd gas production period of China Petroleum Dagang Oilfield Gas Storage Group has successfully concluded, with a cumulative gas production of 2.206 billion cubic meters, a year-on-year increase of 16%, breaking the record for annual gas production.

Anti surpassing Japan, China once again becomes the world's largest LNG importer

China has surpassed Japan and once again become the world's largest importer of liquefied natural gas (LNG). Recently, Shell Group released the "LNG Outlook Report 2024" (hereinafter referred to as the "Report"), which shows that China's LNG imports in 2023 were 72 million tons, a year-on-year increase of 7.9 million tons, making it the world's largest LNG importer.

Add 100 billion cubic meters of large gas fields to the Sichuan Basin

On January 17th, Sinopec announced that the "Deep Ground Engineering · Sichuan Chongqing Natural Gas Base" has made another breakthrough. The proven geological reserves of 1330.12 billion cubic meters in the Hexingchang gas field located in the Sichuan Basin, submitted by Sinopec Southwest Petroleum Bureau, have been approved by the expert group of the Ministry of Natural Resources. This marks the birth of a new ultra deep, fully packed tight sandstone 100 billion cubic meter gas field in China, making a positive contribution to ensuring national energy security.

The 2024 Regulatory Work Conference of the National Energy Administration was held in Beijing

Strive to Write a New Chapter of Chinese path to modernization Energy Regulation,Zhang Jianhua, Secretary of the Party Group and Director of the National Energy Administration, attended the meeting and delivered a speech.

Heavyweight! Top 10 oil and gas fields in China will be released in 2024!

At the beginning of the new year, everything is updated, and major oil and gas fields of China Petroleum, Sinopec, CNOOC, and Yanchang Petroleum have successively announced their equivalent oil and gas production for the whole year of 2023.

The oil and gas industry may see a new wave of consolidation

At the end of October, Chevron, the second largest oil company in the United States, announced that it would pay $53 billion for the all-share acquisition of U.S. oil and gas producer Hess Corporation, which is another large acquisition in the U.S. oil and gas industry after Exxon Mobil, the largest oil company in the United States, announced in mid-October that it would pay $59.5 billion to acquire U.S. shale oil and gas producer Pioneer Natural Resources.