证券日报网讯万润股份8月28日在互动平台回答投资者提问时表示，中石化资本基于看好公司发展前景 和长期投资价值，以协议转让方式受让中国节能所持有的部分公司股份，丰富化学领域产业投资布局。 公司已与中国石化催化剂有限公司签订《项目合作意向书》，现已有模板剂、分子筛等产品送样验证， 后续如通过验证并实现供应将为公司该业务领域带来新的增长点。 （文章来源：证券日报） ...

Core Insights - The establishment of the Dongying City Oil and Gas Production Big Data Analysis Key Laboratory marks significant progress in the field of new technology research for oil and gas production by the Shengli Oilfield Digital Management Service Center [1][2] - The laboratory aims to drive innovation through data and empower production, focusing on the entire process management of oil and gas production to support high-quality development [1] Group 1 - The laboratory has completed hardware configuration, team formation, and institutional construction, receiving recognition from experts during the on-site evaluation organized by the Dongying Science and Technology Bureau [1] - Future plans include leveraging the oilfield data lake, high-performance computing resources, and the "Sheng Xiaoli" model to participate in national major special project research [1][2] - The laboratory will establish a tripartite linkage mechanism for project application and establishment among the national level, Sinopec, and Shengli Oilfield to promote the autonomy of core technologies [1] Group 2 - The laboratory will optimize production processes using IoT and AI technologies, aiming for cost reduction, efficiency improvement, and safety control [2] - It will create a new technology research and incubation system for oil and gas production big data, covering the entire lifecycle of data collection, storage, analysis, and application [2] - The laboratory plans to provide customized solutions for the frontline of oilfields through the integration of production, education, research, and application, supporting the intelligent development of the oil and gas exploration and development industry [2]

上半年，"三桶油"均持续推进增储上产，油气产量成果丰硕。中国海油净产量达3.85亿桶油当量，同比 增长6.1%，国内外产量均超过历史同期最优水平。中国石油油气当量产量9.24亿桶，同比增长2.0%，天 然气产量和油气当量产量均创历史同期新高。中国石化实现油气当量产量2.63亿桶，同比增长2.0%，国 内油气当量产量创历史同期新高。 值得关注的是，当前，在全球能源转型背景下，"三桶油"在发展传统油气主业的同时，均着力布局新能 源，并形成了各自特色。 本报记者 向炎涛 8月27日晚，中国海洋石油有限公司（以下简称"中国海油"）发布2025年中期业绩。按中国企业会计准 则（下同），上半年，公司实现营业收入2076.08亿元，实现归属于母公司股东的净利润695.33亿元。至 此，包括中国石油天然气股份有限公司（以下简称"中国石油"）、中国石油化工股份有限公司（以下简 称"中国石化"）在内的"三桶油"均已交出上半年"成绩单"。 今年上半年，国际原油价格震荡下行，普氏布伦特原油现货均价为71.7美元/桶，同比下降14.7%。受国 际油价下跌影响，"三桶油"利润均略有下滑。中国石油实现归属于母公司股东的净利润839.93亿 ...

Core Insights - The financial results of China's three major oil companies, namely China National Petroleum Corporation (CNPC), China Petroleum & Chemical Corporation (Sinopec), and China National Offshore Oil Corporation (CNOOC), have been disclosed, showing a total net profit of 174.99 billion yuan for the first half of the year, equivalent to approximately 9.6 million yuan per day [2] Financial Performance - CNPC reported a net profit of 84.01 billion yuan, Sinopec reported 21.48 billion yuan, and CNOOC reported 69.5 billion yuan, contributing to the total net profit [2] - The net profits of these companies have decreased by 5% to 40% compared to the same period last year, resulting in a total profit reduction of 29.05 billion yuan, which translates to a daily loss of about 1.6 million yuan [2]

Group 1 - The core viewpoint of the article highlights the financial performance of China's three major oil companies, known as "Three Barrels of Oil," which reported a total net profit of 174.9 billion yuan for the first half of the year, equivalent to a daily profit of 960 million yuan [2] - China National Petroleum Corporation (CNPC) achieved a net profit of 84.01 billion yuan, while China Petroleum & Chemical Corporation (Sinopec) reported 21.48 billion yuan, and China National Offshore Oil Corporation (CNOOC) earned 69.5 billion yuan [2] - The overall profit of these companies decreased by 290.5 billion yuan compared to the same period last year, reflecting a decline in net profits ranging from 5% to 40% due to falling international oil prices [2]

近日，中国石化与沙特国际电力和水务公司(ACWA Power)签订沙特延布绿氢/绿氨项目前端工程设计 (Feed+可转换工程总承包)合同。根据合同，中石化炼化工程集团(SEG)全资子公司——广州工程公司将 与西班牙公司组成联合体，为该项目提供前期工程服务。项目建成后，将成为全球最大规模的绿氢/绿 氨生产综合体。 该项目位于沙特延布，将利用风光发电制备绿氨，建设内容包括4.5吉瓦电解水制氢设施、约8000吨/天 合成氨设施，以及海水淡化厂、专用码头等公用工程及辅助生产设施，预计于2030年正式投入商业运 营，每年可生产40 万吨绿氢、280 万吨绿氨。 中石化炼化工程集团相关负责人表示，本次成功签约沙特延布绿氢/绿氨项目Feed+可转换工程总承包合 同，是中国石化深入践行高质量共建"一带一路"的又一成果，也是公司深度参与并推动全球能源转型的 重要里程碑。炼化工程集团将继续发挥在绿色能源领域的经验、技术和管理优势，为全球绿色能源发展 贡献中国力量。 中国石化积极推进氢能产业链高质量发展，牵头成立中央企业绿色氢能制储运创新联合体，高标准建设 新疆库车绿氢示范项目，积极打造氢能装备制造基地，建成氢燃料电池供氢中心11 ...

Core Insights - Clarivate Plc has signed agreements with China Petrochemical Corporation (Sinopec Group) to provide academic research and intellectual property solutions, enhancing Sinopec's research and development capabilities [1][2] - The partnership aims to support Sinopec's vision of advancing low-carbon energy technologies and environmentally friendly materials through improved innovation processes [2][5] Company Collaboration - Clarivate will supply Sinopec Group with the Web of Science platform, which includes a comprehensive citation index and various data insights, facilitating access to a wide range of academic content [3][5] - Beijing incoPat Technology Co., Ltd. will contribute global patent data through the incoPat database, which contains over 200 million records from 172 countries and organizations [4][5] Strategic Goals - The collaboration is positioned as a significant step in driving innovation within Sinopec Group, aligning with its goal to become a world-leading energy and chemical company [5] - The partnership builds on a history of collaboration, with Sinopec already utilizing other Clarivate solutions such as InCites Benchmarking & Analytics and Derwent Innovation [5]

Investment Rating - The report maintains a "Buy" rating for the company, with an expected net profit of 459.65 billion, 502.19 billion, and 532.60 billion for the years 2025 to 2027, corresponding to PE ratios of 15.35X, 14.05X, and 13.25X respectively [4][12]. Core Views - The company has shown significant results in increasing reserves and production, with a year-on-year increase of 2.3% in oil and gas equivalent production, reaching 131.84 million barrels in Q2 2025 [2]. - The exploration and development segment's profit before tax decreased by 25.9% year-on-year due to external factors such as US tariffs and geopolitical conflicts, alongside a notable drop in Brent oil prices [2]. - The refining segment faced challenges with a decrease in crude processing volume by 8.8% year-on-year, leading to a significant drop in profits [3]. - The chemical sector remains under pressure, with losses reported in the chemical segment due to low industry sentiment and declining margins on key products [3]. - The company is expected to benefit from upcoming policies aimed at stabilizing growth in the petrochemical industry and eliminating outdated production capacity [4]. Financial Summary - For 2025, the company is projected to achieve a revenue of 2,870.62 billion, a decrease of 6.63% from the previous year, and a net profit of 45.97 billion, down 8.64% [5]. - The average selling price of crude oil for the first half of 2025 was 3,415 RMB per ton, reflecting a year-on-year decrease of 12.9% [2]. - The company’s total market capitalization is approximately 705.65 billion RMB, with a closing price of 5.82 RMB as of August 26, 2025 [6].

以案为鉴，增强警示教育穿透力。召开全系统警示教育会，通报近年来系统内发生的违反中央八项规定 精神典型案例，集体观看《镜鉴——中国石化靠企吃企案件警示录（三）》警示教育片。各直属单位结 合实际，分层分级开展警示教育，累计举办警示教育会1200余场次。同时，驻中国石化纪检监察组向党 组领导班子成员、在职和退休的党组管理领导干部印发严重违纪违法典型案件警示录，深刻剖析重点案 件背后的问题症结，编发违法犯罪人员忏悔录、反思录，督促"关键少数"揽镜自照、躬身自省。采 取"处分宣布+现场教育"模式，将处分决定宣布转化为生动纪法课堂，通过"身边人"鲜活、看得见的教 训，让警示教育直抵人心，达到查处一案、警示一片的综合效果。 紧盯关键，增强慎初慎微自律力。聚焦关键人、关键事、关键处，加强廉洁提醒和监督检查，推动廉洁 风险防控关口前移，抓早抓小、防微杜渐，教育引导党员干部自觉守牢廉洁从业底线。管好关键人，紧 盯"一把手"、年轻干部、新提拔干部、关键岗位干部等重点群体，严格落实廉洁提醒谈话机制。管到关 键事，制定落实中央八项规定精神正负面清单，明确11类75项可为应为规定和12类124项禁止性要求， 为党员干部明晰政策边界，划出 ...

Core Viewpoint - The successful unloading of the "Hamara" LNG carrier at the Sinopec Tianjin LNG receiving station marks a significant milestone, being the 600th LNG shipment since its inception in February 2018, highlighting the station's operational efficiency and contribution to energy supply stability in the region [1] Group 1: Operational Achievements - The Tianjin LNG receiving station has achieved a cumulative unloading volume of 41 million tons of LNG, resulting in over 48 billion cubic meters of natural gas being vaporized and supplied [1] - The station has contributed to a reduction of over 66 million tons of carbon dioxide emissions, showcasing its environmental impact [1] Group 2: Infrastructure and Capacity - The annual unloading capacity of the Tianjin LNG receiving station is 10.8 million tons, with a total gas storage capacity of 1.08 billion cubic meters, positioning it among the leading LNG receiving stations in China [1] - In November 2024, Sinopec plans to launch China's first cold and heat energy exchange station in the Nankou Industrial Zone, marking a significant advancement in energy coupling between LNG receiving stations and large-scale petrochemical production facilities [1] Group 3: Operational Innovations - The station implemented a "dual-ship in port" unloading operation during the summer peak energy usage, enhancing the efficiency of LNG transport vessel clearance and unloading turnaround times [1]