echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > PetroChina's latest report analyzes and judges global oil and gas market trends

    PetroChina's latest report analyzes and judges global oil and gas market trends

    • Last Update: 2022-06-12
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On the morning of September 22, the China Petroleum Exploration and Development Research Institute officially released the "Global Oil and Gas Exploration and Development Situation and Oil Company Dynamics (2020)", summarizing global oil and gas exploration activities and discoveries, global oil and gas new capacity and production dynamics, and forecasting The future development direction and focus of global oil and gas exploration and development, focusing on the investment dynamics and development strategies of domestic and foreign oil companies, forming judgments on the development strategies and cooperation directions of various oil companies around the world, and putting forward enlightenment and suggestions for Chinese oil companies.

    On the morning of September 22, the China Petroleum Exploration and Development Research Institute officially released the "Global Oil and Gas Exploration and Development Situation and Oil Company Dynamics (2020)", summarizing global oil and gas exploration activities and discoveries, global oil and gas new capacity and production dynamics, and forecasting The future development direction and focus of global oil and gas exploration and development, focusing on the investment dynamics and development strategies of domestic and foreign oil companies, forming judgments on the development strategies and cooperation directions of various oil companies around the world, and putting forward enlightenment and suggestions for Chinese oil companies.

    Since 2020, international oil prices have plummeted due to the double blow of the global spread of the new crown pneumonia epidemic and the imbalance of oil and gas supply and demand.
    Oil companies have all reduced exploration investment to varying degrees, and the oil and gas exploration industry has been hit hard again, and oil and gas exploration has been more cautious.

    Since 2020, international oil prices have plummeted due to the double blow of the global spread of the new crown pneumonia epidemic and the imbalance of oil and gas supply and demand.
    Oil companies have all reduced exploration investment to varying degrees, and the oil and gas exploration industry has been hit hard again, and oil and gas exploration has been more cautious.

    However, in the long run, the world's undiscovered oil and gas resources are still abundant, and the world economy will return to a slowly rising development track in the future.
    The global oil and gas exploration industry still needs to maintain confidence and strategic determination.

    However, in the long run, the world's undiscovered oil and gas resources are still abundant, and the world economy will return to a slowly rising development track in the future.
    The global oil and gas exploration industry still needs to maintain confidence and strategic determination.

    As the leading company in the technical support and research of CNPC’s overseas exploration and development business, the PetroChina Research Institute of Exploration and Development has not only been committed to the technical support and new project evaluation of all CNPC’s overseas exploration and development projects for more than 20 years, it has accumulated almost all oil-bearing projects in the world.
    First-hand basic data and research results for the exploration and development of gas basins; and make full use of the large amount of data and information purchased from commercial databases to carry out comprehensive and continuous research on the distribution and potential of global oil and gas resources, in-depth analysis of global oil and gas resource distribution rules, and closely follow up global oil and gas exploration Development situation, continue to systematically summarize global oil and gas exploration activities and discoveries, global oil and gas new capacity and production dynamics, predict the future development direction and focus of global oil and gas exploration and development, pay attention to the investment dynamics and development strategies of foreign counterparts, and form a The judgment of the company's development strategy and cooperation direction provided enlightenment and suggestions for China National Petroleum Corporation.

    As the leading company in the technical support and research of CNPC’s overseas exploration and development business, the PetroChina Research Institute of Exploration and Development has not only been committed to the technical support and new project evaluation of all CNPC’s overseas exploration and development projects for more than 20 years, it has accumulated almost all oil-bearing projects in the world.
    First-hand basic data and research results for the exploration and development of gas basins; and make full use of the large amount of data and information purchased from commercial databases to carry out comprehensive and continuous research on the distribution and potential of global oil and gas resources, in-depth analysis of global oil and gas resource distribution rules, and closely follow up global oil and gas exploration Development situation, continue to systematically summarize global oil and gas exploration activities and discoveries, global oil and gas new capacity and production dynamics, predict the future development direction and focus of global oil and gas exploration and development, pay attention to the investment dynamics and development strategies of foreign counterparts, and form a The judgment of the company's development strategy and cooperation direction provided enlightenment and suggestions for China National Petroleum Corporation.

    This press conference is another continuation and deepening after the successful release in 2017-2019.
    It releases reports from the three aspects of exploration situation, development situation, oil company development trends and strategies, and comprehensively and systematically discusses the global oil and gas exploration and development situation and development trend.
    The development trends and strategies of oil companies have formed an understanding and judgment of the current status, potential and development direction of global oil and gas exploration and development, and the trends of oil companies, and put forward enlightenment and suggestions for Chinese oil companies.

    This press conference is another continuation and deepening after the successful release in 2017-2019.
    It releases reports from the three aspects of exploration situation, development situation, oil company development trends and strategies, and comprehensively and systematically discusses the global oil and gas exploration and development situation and development trend.
    The development trends and strategies of oil companies have formed an understanding and judgment of the current status, potential and development direction of global oil and gas exploration and development, and the trends of oil companies, and put forward enlightenment and suggestions for Chinese oil companies.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.