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In 2022, international energy prices will exceed expectations
Time of Update: 2023-03-17
S. Bureau of Energy Information expects supply growth to exceed global oil consumption in 2022, with Brent crude futures averaging around $70 a barrel for the full year.
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Introduce the drilling process
Time of Update: 2023-03-17
In the process of drilling, with the continuous deepening of the well, the drill string should also be lengthened in time, and the next drill pipe is called a single root.
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What is a drilling rig?
Time of Update: 2023-03-17
The drilling rig is composed of diesel engine, drive shaft, mud pump, winch, derrick, crane, swimming sled, large hook, faucet and turntable.
The drilling rig is composed of diesel engine, drive shaft, mud pump, winch, derrick, crane, swimming sled, large hook, faucet and turntable.
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Traders bet on a recovery in demand, with U.S. crude hitting a more than one-month high above the 76 mark
Time of Update: 2023-03-17
S. crude oil futures and options in the week ended Dec. 21.
S. crude oil futures and options in the week ended Dec. 21.
S. crude oil futures and options in the week ended Dec. 21.
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U.S. crude reversed its longest winning streak since February, but bulls still had the upper hand after demand continued unabated
Time of Update: 2023-03-17
Currently, Omicron cases in the United States are increasing significantly, but judging by the indications shown by the weekly US government report, this does not appear to be hampering fuel consumption and demand for crude oil in the United States.
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Global energy risks continue to intensify
Time of Update: 2023-03-17
Although high crude oil and natural gas prices have increased the current energy use costs in major countries such as the United States and Europe, the demand for crude oil, natural gas and traditional fossil fuels such as coal in these countries is still increasing in the face of insufficient power supply.
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The working principle of electric submersible oil pump oil recovery
Time of Update: 2023-03-17
Electric submersible pump oil production belongs to the rodless pump oil production method, that is, the pumping equipment that does not require a sucker rod to transmit power.
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What are the mature tertiary oil recovery technologies?
Time of Update: 2023-03-17
In general, only a few of the current three oil recovery technologies have matured to the stage of industrial scale mining, such as steam injection in thermal oil production and polymer flooding oil recovery technology in chemical flooding, and many other technologies are still in the laboratory research or pilot mine testing stage.
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The Economic and Commercial Bureau of Qingtian County, Zhejiang Province, carried out safety production inspections in the field of refined oil products before the holiday
Time of Update: 2023-03-17
In order to effectively do a good job in safe production during the New Year's Day and Spring Festival of 2022 and ensure the safety and standardization of the operation of the refined oil market in Qingtian County, on December 29, the Qingtian County Economic and Commercial Bureau carried out a "double random" inspection of gas station safety production.
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Report: China's non-fossil energy consumption will exceed oil in 2025
Time of Update: 2023-03-17
Recently, the Economic and Technical Research Institute of Sinopec Group released the "2022 China Energy and Chemical Industry Development Report" (hereinafter referred to as the "Report"). The "Repor
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Lubricant companies are promoting rapid sales growth in cooperation with oil companies
Time of Update: 2023-03-17
In recent years, lubricant companies have continuously deepened close cooperation with oil sales system oil companies, raised the banner of petrochemicals, made good use of petrochemical resources, gathered petrochemical forces, and jointly explored new paths, created a new ecology, and achieved win-win development.
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Chifeng City, Inner Mongolia: Circular on Cracking Down on Illegal Operations, Illegal Storage, and Illegal Transportation of Refined Oil and Other Illegal and Criminal Acts
Time of Update: 2023-03-17
On cracking down on illegal business operations, illegal storage,Notice of illegal transportation of refined oil and other illegal and criminal actsIn order to severely crack down on all kinds of ille
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The newly proven reserves of Fuling shale gas field exceed 100 billion cubic meters
Time of Update: 2023-03-17
As of November 2021, the maximum cumulative production of a single well in the Baima Block of Fuling Shale Gas Field exceeded 30 million cubic meters, which is at a high level among domestic atmospheric pressure shale gas wells, which confirms that the block has good prospects for scale increase and efficiency development.
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The price of Brent crude oil rose to $77
Time of Update: 2023-03-17
According to the offshore engineering website on December 27, the price of crude oil in the United States rose to $77 on Monday due to the impact of the new crown epidemic, in the hope that the Omicron variant will have a limited impact on global demand in 2022.
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OPEC+'s maintenance of the February production increase brought optimism to the market, and Brent crude rose more than 1% to the 80 mark
Time of Update: 2023-03-17
OPEC+ on Tuesday approved a 400,000 barrel-per-day increase in production in February, given that oil demand largely withstood the onslaught of the omicron pandemic.
OPEC+ on Tuesday approved a 400,000 barrel-per-day increase in production in February, given that oil demand largely withstood the onslaught of the omicron pandemic.
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Oil dependence is difficult to decarbonize, but 2022 may become a new inflection point
Time of Update: 2023-03-17
"In 2021, as the climate crisis pushed countries around the world to put decarbonization on the agenda, the International Energy Agency called for an immediate end to new investments in fossil fuel projects.
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OPEC may continue to increase production in January, and Brent crude oil prices turned lower after hitting the 80 mark
Time of Update: 2023-03-17
Gasoline and refined oil inventories also fell, compared with what analysts had expected to increase, suggesting demand remains strong despite record coronavirus cases in the United States.
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Lanzhou New District issued financial subsidies for refined oil price reform in 2020 The average subsidy for 669 taxi drivers exceeded 3,400 yuan each
Time of Update: 2023-03-16
It is understood that the refined oil price reform policy is a people's livelihood policy that the state gives appropriate subsidies to the taxi, urban bus, rural passenger car and other industries that are greatly affected by oil prices.
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The global crude oil market supply and demand game is not over
Time of Update: 2023-03-16
If the supply-side reduction is too fast, there will be a temporary imbalance in the short termThe imbalance in the regional distribution of crude oil supply and demand determines the flow direction of crude oil trade on a global scale, with Saudi Arabia leading the Middle East as the main crude oil export region, and the world's major crude oil importers include China, India and Japan in Asia, as well as Europe and the United States.
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Three important ways to complete the well
Time of Update: 2023-03-16
The completion of the well, as the name suggests, that is, the completion of the well, is the last step before the production of the oil and gas well. After the oil reservoir is drilled, the connectio
