August 08, 2023

Yanchang Petroleum officially opened the first batch of gas stations in Chongqing region

On the morning of August 6, Yanchang Petroleum held a centralized opening ceremony for 3 pairs of 6 gas stations on Shanghai-Chongqing Expressway, marking a zero breakthrough in Yanchang Petroleum's expansion of the gas station market in Chongqing region. Pan Guangcan, Party Committee Member and Deputy Director of Chongqi

August 07, 2023

Mining company exhibits at the province's coal mine safety and high-quality development site meeting

On July 27th, with the theme of "Safety Innovation, Intelligent Development, Green Integration", the province's coal mine safety and high-quality development site meeting was held in Caojiatan Mining Company of Shaanxi Coal Chemical Group. Yanchang Petroleum was invited to participate in the exhibition, focusing on the results achieved by the Group's mining companies in safety management, as well as the operation and management of coal mines, project construction and other aspects.

August 07, 2023

Utilizing "Two Resources" and Promoting "Three Cycles" -- The "Extended Road" of Imported Crude Oil

In July, the Loess Plateau is full of verdure and green, taking advantage of the pleasant summer breeze of the plateau, a green train full of imported crude oil will be unloaded to the Yu Refining Oil Products Collecting and Transportation Center from Espoo (ESPO) in distant Russia. Stabilize market and keep an eye on the plan to receive and unload imported oil efficiently As we all know, the procurement and processing of imported crude oil can increase the supply of domestic refined oil products, diversify crude oil resources and stabilize market supply. Espe

August 07, 2023

Saudi Arabia extends deal to cut crude output by 1 million barrels a day until September

Saudi Arabia's state news agency (SPA) reported in Riyadh on August 3 that Saudi Arabia would extend its agreement to voluntarily reduce crude oil production by an additional 1 million barrels per day (bpd) for another month up to and including September, Reuters reported. Citing an official source in Saudi Arabia's Energy Ministry, SPA reported that Saudi Arabia's production cut agreement could be "extended or deepened."

July 31, 2023

Hundred Days Labor Race | Pipeline Company: project construction at full throttle

At 9:00 a.m. on July 17, with an order, located in Yulin City, Jingbian County, Yangqiaoside purification plant natural gas transmission pipeline project first station to start construction. In the site leveling construction site, excavators, forklifts and other operational facilities and equipment in their respective roles, high-speed operation ...... Since late June, the Group's "100-Day Labor Competition" has blown the horn for a big effort, and the natural gas transmission pipeline project of Yangqiaoshang Purification Plant and the natural gas transmission p

July 31, 2023

New role, new integration, new breakthroughs - from the second quarter of the observation of key projects to see the new pulse of Shaanxi energy industry development

July in northern Shaanxi, hot. 10 to 11, 2023 the second quarter of the province's key projects observation (northern Shaanxi area) activities into the Yulin, Yan'an. In the Yushen Industrial Zone, Shaanxi's first large-scale layout of lithium battery electrolyte solvent production proj

July 31, 2023

CCTV News|Multiple measures to ensure energy supply in various regions

Since June this year, North China, the Yellow River and Huaihe River and other places suffered many rounds of high temperature weather, the highest temperature in many places exceeded the historical extreme, on electricity, oil and gas and other energy to ensure the supply of certain pressure. In order to ensure a safe and stable supply of energy, the State-owned Assets Supervision and Administration Commission of the State Council requires power generation enterprises to issue as much as possible, coal and petrochemical enterprises to ensure the supply of electricity, coal, oil and gas.

July 26, 2023

First large platform of tight oil shale oil is pleased to receive high-yield oil flow

The Ping 1 well of the Xiajiwan Bridge Exploration 30 platform produced more than 100 tons of oil per day; Dingbian Luoping 30 platform put into production 3 wells producing 60 tons of oil per day; Wuji 20-82 platform Ping 3 well self-injection daily oil production of 40 tons;

July 26, 2023

Hengshan Oil Extraction Plant: "small team, big safety" practice to set off a boom

Since the beginning of this year, Hengshan Oil Extraction Plant set off a "small team, big safety" practice boom, from the organs of the section to the front-line production team, from the study of safety laws and regulations to the post practice operation, the whole staff hot to carry out post safety training, and constantly strengthen the foundation of safety management, and make concerted efforts to build a "safe horizontal mining".

July 26, 2023

Yuneng Chemical: Starting "Running Mode"

Since entering July, Mao Wusu Desert, the highest temperature is close to 40 degrees Celsius, Yulin Energy and Chemical Company up and down the cohesion, to overcome the difficulties, have to open the "running mode", in the heat, the majority of cadres and workers to learn to promote work, rushed to the front line of the device to catch overhaul, stable production, and set off a hundred days of labor competition fever.

July 24, 2023

Falling U.S. crude inventories ease market demand concerns Oil prices stabilize

According to a July 20 Bloomberg report, oil prices stabilized as U.S. crude stockpiles fell and the market's ongoing concerns about demand were removed. West Texas Intermediate crude prices traded above $75 a barrel after falling 0.5 percent on Wednesday. Official data showed a decline in U.S. inventories across the country, wit

July 24, 2023

Oilfield services giant hints at weak drilling demand in North American market

OilPrice.com reported on July 19, 2023 that two of the world's top three oilfield service providers - Halliburton and Baker Hughes - reported their profits for the second quarter of the year on July 19, beating the market consensus, but the two oil services giants both signaled weak demand for shale drilling in the North American market. Strong inte

July 24, 2023

Inventories grow at record pace Global gas market remains weak

Excess gas stocks in Europe and the US keep gas prices low Europe's purchases of U.S. liquefied natural gas (LNG) declined, with imports of 4.15 million tons in June, down from 5.63 million tons in May Asia fills the gap left by Europe and is expected to buy more US LNG Natural gas market remains bearish as inventories increase at record pace

July 24, 2023

Party and Government Delegation from Ali Region of Tibet Autonomous Region Visited Yanchang Petroleum for Investigation and Research

[Ben Wang Xi'an] On July 22, a party and government delegation from Ali District of Tibet Autonomous Region visited Yanchang Petroleum. Mr. Lan Jianwen, Secretary of the Party Committee and Chairman of the Board of Directors of the Group, had a discussion with Mr. Tamba Wangjiu, Deputy Secretary of the Party Committee and Commissioner of the Ali Prefecture of the Tibet Autonomous Region. Mr. Jing Haibin, deputy secretary of Ali Prefectural Party Committee and executive deputy commissioner of the administrative office, and Mr. Zheng Yong, member of Ali Prefectural Party Committee and head

July 19, 2023

Exploration Company: Storing and storing energy for the construction of 10 billion square meters of gas field

"Produced 3.847 billion cubic meters of natural gas in the first half of the year, completing 51.3% of the annual plan of 7.5 billion cubic meters, with a year-on-year increase of 10.5%." On July 3, the oil and gas exploration company informed the production and operation situation in the first half of the year.

July 18, 2023

OPEC expects oil market to be tighter next year as demand climbs

OPEC expects the global oil market to be tighter next year as it forecasts greater growth in global oil demand next year than other major forecasters, Bloomberg News reported July 13, 2023, according to a report. Global oil consumption will increase by 2.2 million barrels a day to 104.3 million barrels a day next year, OPEC said July 13 in its first detailed assessme

July 18, 2023

ExxonMobil to buy carbon capture firm Denbury for $4.9 billion

Oil giant ExxonMobil has agreed to acquire Denbury Corporation, a developer of carbon capture, utilization and storage (CCUS) solutions, for $4.9 billion in a deal priced at $89.45 per share, according to OilPrice.com on July 13. Denbury recovers carbon dioxide through enhanced recovery (EOR) operations and uses it to produce environmentally carbon negative oil. The company owns the largest CO2 pipeline network in the United States at 1,300 miles, including nearly 925 miles of CO2 pipelines in Louisiana, Texas and Mississippi, as well as 10 onshore storage sites.

July 18, 2023

Supply disruptions push Brent crude prices to 11-week highs

According to Bloomberg News on July 13, 2023, the price of Brent crude, the world's benchmark crude oil, settled at an 11-week high on the day as crude supply disruptions tightened the spot market. "This event is gaining more traction as the market has recently shifted from oversupply to undersupply," said Rebecca Babin, se

July 17, 2023

Pipeline Transportation First Branch Company: Energy Saving and Carbon Reduction, "Green" Move Up

What is "Peak Carbon" and "Carbon Neutral"? How to understand "carbon sink" and "carbon trading"? ...... On July 12, the first branch of pipeline transportation company around the theme of this year's National Energy Conservation Awareness Week actively carry out publicity and education activities, to further enhance the staff's awareness of energy saving and carbon reduction and the ability to build a green low-carbon beautiful home. Employees at the activity site not only learned knowledge, but also further broadened their horizons.

July 10, 2023

Yanchang Petroleum Group and the Institute of Geology and Geosciences, Chinese Academy of Sciences signed a strategic cooperation agreement

On July 5, Yanchang Petroleum Group and the Institute of Geology and Earth Sciences of the Chinese Academy of Sciences held an exchange forum and signed a strategic cooperation agreement. The two sides will give full play to their own advantages and carry out practical cooperation in the fields of basic theoretical research, scientific and technological innovation and transformation of results, talent attraction and education, etc., to jointly promote high-quality development.

July 10, 2023

Exploration Company: Natural gas capacity construction in full speed

Since the beginning of this year, the oil and gas exploration company has been focusing on "the year of capacity construction", speeding up capacity construction, improving the quality of well construction and enhancing work efficiency, and insisting on both stabilizing and increasing the capacity. Facing the annual production task of 7.815 billion cubic meters of natural gas, more than 4,800 cadres and workers have been working with determination, without waiting or relying on others, to complete the half-yearly gas delivery task of 3.773 billion cubic meters five days ahead of schedule

July 10, 2023

Egypt Launches $1.8 Billion Offshore Gas Exploration Program

Cairo, July 5, 2023 - Egypt is launching an ambitious $1.8 billion offshore gas exploration program to drill 35 gas wells in the Mediterranean Sea and Nile Delta between now and July 2025, the Egyptian Minister of Petroleum and Mineral Resources said in Cairo on July 5, reports ArabianTrade.com. He said the offshore gas exploration program, which involves major int

July 10, 2023

Fujian Putian port LNG imports in the first half of the year increased by 15%

PUTIAN, July 5 (Xinhua) -- The vessel "Min Rong", carrying 62,100 tons of liquefied natural gas (LNG) from Indonesia, berthed smoothly at the special LNG terminal in Xiuyu port area of Putian City, Fujian Province on July 5. Under the supervision of Fujian Putian Entry-Exit Border Inspection Station, the staff is unloading the cargo. In the f

July 10, 2023

India in talks to supply green hydrogen to EU and Singapore

India has discussed a possible deal to supply more than 11 million tons of green hydrogen to the European Union and Singapore, which in turn would invest in these Indian clean energy projects, according to three Indian government officials and an industry source, according to a July 4 news release from Pipeline News. Green ammonia, usually the preferred form of fue