Since 2000, great progress has been made in China's oil and gas exploration and
development with rapid development of natural gas, large-scale development of …

The gap between supply and demand for oil and gas is widening, yet exploration situation is
severe in China. From the current situation of oil and gas exploration, this paper focuses on …

Sustainable development of petroleum industry depends on tactic and strategic replacement
of production, in which the exploitation of new oil and gas production areas has a profound …

Since the oil price significantly reduced, China Petroleum and Chemical Corporation
(hereinafter referred to as Sinopec for short) has been active to update oil and gas …

Major progress achieved in oil and gas exploration in terms of reserves, number of oil and
gas fields and discovery of large oilfields were analyzed, trend and progress of global oil …

In recent years, the annual incremental proved reserves of petroleum in China has
decreased significantly. As a result, the incremental recoverable reserves are less than the …

Both China's reserves and production of natural gas have been growing rapidly in recent
years. It is forecasted that China will have more gas production than oil before 2030 with the …

China's natural gas industry has experienced a great leap-forward development in the past
decade. Since the second half of 2014, however, international oil price has dropped sharply …

In the past five years, Sinopec vigorously promoted high-quality exploration. In order to
provide a basis for the development plan of the 14th Five-Year Plan, this paper summarizes …

China Petroleum and Chemical Corporation (“Sinopec”) has been highlighting the resource
strategy and transforming the development mode since the initiation of the “12th Five-Year …