Development News in China

CNOOC Limited Brings On-stream Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project
10/22/2024 - CNOOC Limited (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project commenced production ahead of ...
Sinopec Releases 10 Significant Achievements of High-Quality Development
10/14/2024 -  China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has released the group's significant achievements in promoting high-quality development and supporting China's modernization process for ...
Changqing Oilfield Builds a New Development Pattern
7/26/2024 - In the first half of this year, Changqing Oilfield achieved oil and gas equivalent growth of 1.28% year-on-year, completing 51.84% of the annual plan.

Since the b...
Bohai Drilling Creates a Template to Speed up Small Hole Development
6/27/2024 - China Petroleum Network News (Correspondent Zuo Lei) On June 24, Bohai Drilling successfully completed the drilling of two wells on the SN115 platform in the Total market in Southern Jiangsu. Among th...
CNOOC Limited Announces 2024 Business Strategy & Development Plan
1/25/2024 - CNOOC Limited (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces its business strategy and development plan for the year 2024.

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Western Drilling Gathers Strength to Promote Enterprise Development
12/29/2023 - China Petroleum Network News (Reporter Ma Hongxu, Correspondent Cai Pengyuan) The reporter learned on December 25 that the major scientific and technological project "geological engineering integrated...
Dai Houliang Meets with Key Party and Government Leaders of Heilongjiang Province
12/26/2023 - Dai Houliang, Chairman and Party Secretary of China National Petroleum Corporation, met with Xu Qin, Secretary of the Heilongjiang Provincial Party Committee and Director of the Standing Committee of ...
Ma Yongsheng Meets with Huang Zhiqiang, Executive Vice Chairman of Inner Mongolia Region
11/28/2023 - Ma Yongsheng, Secretary of the Party Leadership Group and Chairman of the Group Company, met with Huang Zhiqiang, Member of the Standing Committee of the Party Committee of the Inner Mongolia Autonomo...
Ma Yongsheng Meets with Petronas President Taufik
10/24/2023 - Ma Yongsheng, chairman of the group company, met with Petronas President and CEO Taufik and his delegation at the headquarters. The two parties discussed upstream, midstream and downstream, trade, new...
Russian-Chinese Partnership in Gas Sector Having Shared Vision
10/19/2023 - Alexey Miller, Chairman of the Gazprom Management Committee, took part in the third roundtable on cooperation in the energy sector organized by China's CNPC as part of the high-level Third Belt and Ro...
Daqing Oilfield Injects New Development Momentum
10/19/2023 - Daqing Oilfield has operated projects in 14 countries along the “One Belt and One Road” this year. It relies on services and trade to expand the market in parallel, forming oil field development, engi...
CNOOC Limited Announces First Offshore CCS Demonstration Project Commissioned
5/31/2023 - CNOOC Limited (the "Company") announces the official commissioning of China's first offshore CCS demonstration project. The CCS project is an auxiliary part of the Enping 15-1 oilfields development. E...
Sinopec Releases China Energy Outlook 2060
12/29/2022 - China Petroleum & Chemical Corporation ("Sinopec") officially published the "China Energy Outlook 2060" (the "Outlook") in Beijing. This is Sinopec's first publicly released research findings of their...
Shengli Oilfield Accelerates the Construction of a New Energy Guarantee System
12/28/2022 - Since this year, Shengli Oilfield has adhered to the industrial development idea of ??equal emphasis on conventional oil and gas and unconventional oil and gas, new energy and fossil energy, and simul...
Huabei Oilfield Lights up the Development Path of Heavy Oil
8/17/2022 - On August 15, in Erlian Menglin Oilfield, Huabei Oilfield, 20 days after the "ignition" of three gas injection wells, the gas injection pressure, temperature, produced gas components and oil samples w...
Horizon Commences Production from 12-8 East Project in Offshore China
4/11/2022 - Horizon is pleased to advise that, following the successful installation, hook-up and commissioning of facilities for the WZ12-8 East Project, first production has been achieved from the first develop...
Shengli Oilfield Promotes Management Improvement Actions
5/24/2021 - Shengli Oilfield Chengdao Oilfield clearly benchmarked Bohai Oilfield, borrowing from CNOOC’s intensive development concept, exploring the "1+N" efficient production model, quantifying scattered reser...
CNOOC & Hainan Provincial Signed an Agreement to Deepen Cooperation
4/20/2021 - CNOOC and the Hainan Provincial Government signed an agreement to deepen comprehensive strategic cooperation. Before the signing ceremony, CNOOC Party Secretary and Chairman Wang Dongjin and Hainan Pr...
Speeding up Development of Tongnanba Block in Zhongyuan Oilfield
3/11/2021 - There was a busy scene in the Colli of Tongjiang County, northeast Sichuan. Three exploratory wells including Well Ma 108 of the Puguang Branch of Zhongyuan Oilfield in the Tongnanba block were drilli...
Eni Signs a Memorandum of Understanding on Cooperation with China
12/29/2020 - Dr Huang Yong, Director General of the International Cooperation Center of the National Development and Reform Commission, and Eni’s Chief Executive Officer, Claudio Descalzi, signed today a Memorandu...

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