On January 212025,the CNPC Economics&Technology Research Institute,a national high-end think tank,released the annual report on the oil and gas industry in Beijing for the 17th consecutive year,titled the“2024 Do...On January 212025,the CNPC Economics&Technology Research Institute,a national high-end think tank,released the annual report on the oil and gas industry in Beijing for the 17th consecutive year,titled the“2024 Domestic and International Oil and Gas Industry Development Report”(referred to as the“Industry Report”).展开更多
In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that...In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that marked significant gains for both CNPC’s operational and non-operational business,and the company also did excellent work in terms of international trading。展开更多
After the outbreak of Coronavirus Disease 2019(COVID-19),China National Petroleum Corporation(CNPC)attached great importance to the prevention and control of COVID-19,and set up a COVID-19 leading group led by CNPC Ch...After the outbreak of Coronavirus Disease 2019(COVID-19),China National Petroleum Corporation(CNPC)attached great importance to the prevention and control of COVID-19,and set up a COVID-19 leading group led by CNPC Chairman Dai Houliang.CNPC has strengthened its centralised and unified leadership,held many leading group meetings,and made comprehensive arrangements for the epidemic prevention and control.展开更多
Due to the increasingly obvious trend of reverse globalization,the unprecedented COVID-19 pandemic and tangible or intangible barriers formed between countries,the transaction and management costs of international com...Due to the increasingly obvious trend of reverse globalization,the unprecedented COVID-19 pandemic and tangible or intangible barriers formed between countries,the transaction and management costs of international companies have increased.At the same time,their international operation and supply chain management have been further complicated by the intens i f ied superpower games,more frequent geopolitical conflicts and greater fluctuations in bulk commodity prices.The situation requires international companies to be more flexible,pragmatic,cost-saving,and localized.It has also become very important for international companies to sustain their confidence and resilience,and maintain efficient communication and cross-cultural management in host countries.展开更多
CNPC started its oil and gas cooperation in Central Asia with the acquisition of the Aktobe MunaiGas Project in June 1997.Through more than 20 years of hard work,CNPC has developed from one project(the Aktobe Project ...CNPC started its oil and gas cooperation in Central Asia with the acquisition of the Aktobe MunaiGas Project in June 1997.Through more than 20 years of hard work,CNPC has developed from one project(the Aktobe Project mentioned above)to 24 oil and gas inves tment projects in seven countries,formed a complete upstream,midstream and downstream business chain integrating oil and gas exploration and development,pipeline construction and operation,engineering and technical services and oil refining and sales,and established a corporate management structure and control system in accordance with the local laws and regulations.展开更多
The year 2020 witnessed a global economic recession resulting from COVID-19,and international oil prices turned negative for the first time.The Top 5 international oil companies across the world all announced losses,w...The year 2020 witnessed a global economic recession resulting from COVID-19,and international oil prices turned negative for the first time.The Top 5 international oil companies across the world all announced losses,with an average loss of more than USD 15 billion.In particular,ExxonMobil,which had long taken first place in the US stock market in terms of market value,was removed from the Dow Jones Indices for the first time in August of last year.The post-epidemic economic recovery just coincided with the critical moment of climate change,during which a total of 127 countries(accounting for 75%of the global GDP and 65%of the global carbon emissions)proposed goals or visions of carbon neutrality.In this context,large international oil companies,represented by European companies,were proactively finding solutions and successively announcing energy transformation initiatives.展开更多
On November 5,as the Fifth China International Import Expo(CIIE)was held in Shanghai as scheduled,CNPC also held the Fifth CNPC International Cooperation Forum&Signing Ceremony with dozens of representatives of pa...On November 5,as the Fifth China International Import Expo(CIIE)was held in Shanghai as scheduled,CNPC also held the Fifth CNPC International Cooperation Forum&Signing Ceremony with dozens of representatives of partners,strategic suppliers,contractors and service providers from across the globe.展开更多
Prospect of engineering technologies for pipelines in ChinaIn recent years,China National Petroleum Corporation (CNPC) has made remarkable achievements in the field of oil and gas transmission pipeline engineering.
CNPC started oil and gas cooperation in Russia,Central Asia and the Middle East in as early as 1997.As a pioneer of oil&gas cooperation under China’s“Belt and Road”Initiative proposed in 2013,CNPC has been furt...CNPC started oil and gas cooperation in Russia,Central Asia and the Middle East in as early as 1997.As a pioneer of oil&gas cooperation under China’s“Belt and Road”Initiative proposed in 2013,CNPC has been further committed to the oil&gas markets in partner countries along the“Belt and Road”.CNPC has been deepening the exchanges and cooperation with stakeholders(e.g.governments and partners)in host countries,and accelerating the commissioning of major production capacity cooperation projects and the construction of transnational energy strategic channels in these regions.CNPC is considered as a preferred partner and a major investor and builder in oil and gas sector in partner countries.展开更多
An overview of CNPC engineering technology service As an important backup and guarantee for CNPC＇s oil and gas business, engineering technology service companies have focused on the goal of building an integrated in...An overview of CNPC engineering technology service As an important backup and guarantee for CNPC＇s oil and gas business, engineering technology service companies have focused on the goal of building an integrated international energy company, and launched new round of specialized restructuring and business integration since the end of 2007, in accordance with the principle of intensification, specialization, and integration.展开更多
CNPC attaches great importance to technological research and development, and makes steady progress every year relying on the intelligence and diligence of its people. Major breakthrough in molecular geochemical traci...CNPC attaches great importance to technological research and development, and makes steady progress every year relying on the intelligence and diligence of its people. Major breakthrough in molecular geochemical tracing of complex oil/gas reservoir forming This important breakthrough addresses the difficulty in predicting hydrocarbon properties and展开更多
With further exploration and development of oil and gas fields both at home and abroad, complicated geological conditions, poor quality of reserves and abominable working environment, drilling business, the largest of...With further exploration and development of oil and gas fields both at home and abroad, complicated geological conditions, poor quality of reserves and abominable working environment, drilling business, the largest of upstream petroleum industry in terms of total investment and scale, is facing new challenges.China National Petroleum Corporation (hereinafter referred to as CNPC) is in urgent need of transforming development patterns of drilling, so as to enhance competitiveness, improve production efficiency, and increase economic profits.展开更多
The patent work of China National Petroleum Corporation (CNPC) has been boosted along with increasing applications in recent years. Although patent quality improved gradually, some indicators of patent quality such as...The patent work of China National Petroleum Corporation (CNPC) has been boosted along with increasing applications in recent years. Although patent quality improved gradually, some indicators of patent quality such as the proportion of inventions, the authorization rate and availability are still relatively low. At present, CNPC has a certain patent competitive展开更多
The equipment manufacturing industry is a fundamental industry to provide technology and equipment for national economy development. Thus it is a strategic action to realize the sustainable development of national eco...The equipment manufacturing industry is a fundamental industry to provide technology and equipment for national economy development. Thus it is a strategic action to realize the sustainable development of national economy by vigorously developing the equipment manufacturing industry and taking the road of new industrialization. For more than 50 years, CNPC (China National Petroleum Corporation) has made significant achievements and developed a large integrated industrial system, making great contribution to the sustained stable development of Chinese petroleum industry.展开更多
文摘On January 212025,the CNPC Economics&Technology Research Institute,a national high-end think tank,released the annual report on the oil and gas industry in Beijing for the 17th consecutive year,titled the“2024 Domestic and International Oil and Gas Industry Development Report”(referred to as the“Industry Report”).
文摘In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that marked significant gains for both CNPC’s operational and non-operational business,and the company also did excellent work in terms of international trading。
文摘After the outbreak of Coronavirus Disease 2019(COVID-19),China National Petroleum Corporation(CNPC)attached great importance to the prevention and control of COVID-19,and set up a COVID-19 leading group led by CNPC Chairman Dai Houliang.CNPC has strengthened its centralised and unified leadership,held many leading group meetings,and made comprehensive arrangements for the epidemic prevention and control.
文摘Due to the increasingly obvious trend of reverse globalization,the unprecedented COVID-19 pandemic and tangible or intangible barriers formed between countries,the transaction and management costs of international companies have increased.At the same time,their international operation and supply chain management have been further complicated by the intens i f ied superpower games,more frequent geopolitical conflicts and greater fluctuations in bulk commodity prices.The situation requires international companies to be more flexible,pragmatic,cost-saving,and localized.It has also become very important for international companies to sustain their confidence and resilience,and maintain efficient communication and cross-cultural management in host countries.
文摘CNPC started its oil and gas cooperation in Central Asia with the acquisition of the Aktobe MunaiGas Project in June 1997.Through more than 20 years of hard work,CNPC has developed from one project(the Aktobe Project mentioned above)to 24 oil and gas inves tment projects in seven countries,formed a complete upstream,midstream and downstream business chain integrating oil and gas exploration and development,pipeline construction and operation,engineering and technical services and oil refining and sales,and established a corporate management structure and control system in accordance with the local laws and regulations.
文摘The year 2020 witnessed a global economic recession resulting from COVID-19,and international oil prices turned negative for the first time.The Top 5 international oil companies across the world all announced losses,with an average loss of more than USD 15 billion.In particular,ExxonMobil,which had long taken first place in the US stock market in terms of market value,was removed from the Dow Jones Indices for the first time in August of last year.The post-epidemic economic recovery just coincided with the critical moment of climate change,during which a total of 127 countries(accounting for 75%of the global GDP and 65%of the global carbon emissions)proposed goals or visions of carbon neutrality.In this context,large international oil companies,represented by European companies,were proactively finding solutions and successively announcing energy transformation initiatives.
文摘On November 5,as the Fifth China International Import Expo(CIIE)was held in Shanghai as scheduled,CNPC also held the Fifth CNPC International Cooperation Forum&Signing Ceremony with dozens of representatives of partners,strategic suppliers,contractors and service providers from across the globe.
文摘Prospect of engineering technologies for pipelines in ChinaIn recent years,China National Petroleum Corporation (CNPC) has made remarkable achievements in the field of oil and gas transmission pipeline engineering.
文摘CNPC started oil and gas cooperation in Russia,Central Asia and the Middle East in as early as 1997.As a pioneer of oil&gas cooperation under China’s“Belt and Road”Initiative proposed in 2013,CNPC has been further committed to the oil&gas markets in partner countries along the“Belt and Road”.CNPC has been deepening the exchanges and cooperation with stakeholders(e.g.governments and partners)in host countries,and accelerating the commissioning of major production capacity cooperation projects and the construction of transnational energy strategic channels in these regions.CNPC is considered as a preferred partner and a major investor and builder in oil and gas sector in partner countries.
文摘An overview of CNPC engineering technology service As an important backup and guarantee for CNPC＇s oil and gas business, engineering technology service companies have focused on the goal of building an integrated international energy company, and launched new round of specialized restructuring and business integration since the end of 2007, in accordance with the principle of intensification, specialization, and integration.
文摘CNPC attaches great importance to technological research and development, and makes steady progress every year relying on the intelligence and diligence of its people. Major breakthrough in molecular geochemical tracing of complex oil/gas reservoir forming This important breakthrough addresses the difficulty in predicting hydrocarbon properties and
文摘With further exploration and development of oil and gas fields both at home and abroad, complicated geological conditions, poor quality of reserves and abominable working environment, drilling business, the largest of upstream petroleum industry in terms of total investment and scale, is facing new challenges.China National Petroleum Corporation (hereinafter referred to as CNPC) is in urgent need of transforming development patterns of drilling, so as to enhance competitiveness, improve production efficiency, and increase economic profits.
文摘The patent work of China National Petroleum Corporation (CNPC) has been boosted along with increasing applications in recent years. Although patent quality improved gradually, some indicators of patent quality such as the proportion of inventions, the authorization rate and availability are still relatively low. At present, CNPC has a certain patent competitive
文摘The equipment manufacturing industry is a fundamental industry to provide technology and equipment for national economy development. Thus it is a strategic action to realize the sustainable development of national economy by vigorously developing the equipment manufacturing industry and taking the road of new industrialization. For more than 50 years, CNPC (China National Petroleum Corporation) has made significant achievements and developed a large integrated industrial system, making great contribution to the sustained stable development of Chinese petroleum industry.
