Group 1 - The core viewpoint of the news is the application for a patent by China National Petroleum Corporation (CNPC) and China Petroleum Group Engineering Technology Research Institute for a method, system, equipment, and medium for constructing a drilling fluid rheological model, aimed at improving the accuracy of drilling fluid rheological characteristics simulation [1] Group 2 - CNPC was established in 1990 and is primarily engaged in oil and gas extraction, with a registered capital of 48.69 billion RMB. The company has invested in 107 enterprises and participated in 5,000 bidding projects, holding 1,447 trademark records and 5,000 patent records [2] - China Petroleum Group Engineering Technology Research Institute was founded in 2006, focusing on research and experimental development, with a registered capital of approximately 570.39 million RMB. The institute has invested in 4 enterprises and participated in 571 bidding projects, holding 31 trademark records and 2,200 patent records [2]

Core Viewpoint - The petrochemical industry is currently facing significant "involution" competition, leading to a situation where companies are experiencing increased production without corresponding profit growth. The industry's operating revenue profit margin has declined from 8.03% in 2021 to an expected 4.85% in 2024. However, since 2025, some sub-industries have begun to recover, with a year-on-year increase of 10.56% in net profit attributable to the parent company in the first three quarters, indicating a gradual stabilization and recovery in industry profitability [2][3]. Supply Side - Investment in fixed assets in the chemical raw materials and chemical products manufacturing industry has turned negative since June 2025, with capital expenditures in the basic chemical industry and several sub-industries declining for multiple consecutive quarters. The current expansion cycle in the industry is nearing its end. In September, policies aimed at stabilizing growth in the petrochemical industry were introduced to address low-price and disorderly competition and to promote the orderly exit of backward production capacity. Sub-industries such as silicone, caprolactam, and PTA polyester have responded to these "anti-involution" measures by either issuing or formulating industry guidelines. It is anticipated that there will be stricter approvals for new chemical product capacities, and the elimination of backward production capacity (such as small scale, high energy consumption, and high pollution) will accelerate, effectively alleviating the issue of supply surplus in the petrochemical industry [2][3]. Demand Side - Traditional demand is expected to see a moderate recovery due to global central banks entering a rate-cutting cycle and pausing balance sheet reductions, supported by monetary and fiscal policy stimuli. Emerging demand from sectors such as new energy, SAF (Sustainable Aviation Fuel), and AI continues to drive the need for key chemical materials that support technological upgrades in industries [3]. - The overseas chemical capacity reduction, driven by high energy costs and aging facilities, has led to a wave of plant closures in the European chemical industry since 2025. Currently, China's chemical product sales account for over 40% of the global market, with a well-established domestic petrochemical industry chain. As overseas capacity continues to clear and demand is expected to recover, Chinese chemical companies are likely to see an increase in global market share, accelerating the digestion of surplus capacity [3]. Macro and Chemical Product Prices - As of December 2025, the manufacturing PMI index was reported at 50.1%, an increase of 0.9 percentage points from the previous month, indicating expansion. The China Chemical Product Price Index (CCPI) was reported at 3927 points, a decrease of 9.4% from 4333 points at the beginning of the year, reflecting a decline in the ex-factory prices of major chemical products [3]. Oil Prices - In 2025, international oil prices exhibited a fluctuating downward trend, with Brent crude futures averaging approximately $69.15 per barrel and WTI crude futures averaging about $65.87 per barrel. This fluctuation was influenced by a combination of factors, including OPEC+'s gradual production increases, geopolitical conflicts, and macroeconomic sentiment. OPEC+ announced a pause in production increases at the beginning of 2026 to alleviate surplus pressures after a cumulative increase of 411,000 barrels per day from October to December. The demand from non-OECD countries, along with aviation fuel and petrochemical raw material needs, has become a major support for oil prices. Major institutions have narrowed their demand growth expectations for 2025-2026 to a range of 700,000 to 1.4 million barrels per day [4]. Investment Recommendations - The refining and chemical sector is expected to see a recovery in overall profits due to moderate oil prices and reduced cost fluctuations. The industry is also experiencing a shift towards "reducing oil and increasing chemicals," supported by clear anti-involution policy signals. Recommended companies include China Petroleum and Rongsheng Petrochemical [5][6]. - In the potassium fertilizer sector, potassium salt resources are expected to remain scarce, with a tight balance in global supply and demand over the next 2-3 years. Recommended company: Yara International, which holds significant potassium salt mining rights in Laos [6]. - In the phosphorus chemical sector, the demand for lithium iron phosphate in energy storage is expected to enhance the marginal pull on phosphorus ore demand, leading to a revaluation of phosphorus ore. Recommended companies include Chuanheng Co. and Yuntianhua [6]. - In the sustainable aviation fuel (SAF) sector, the EU has mandated a gradual increase in SAF blending ratios, with global SAF demand expected to double to 2 million tons by 2025. Recommended company: Zhuoyue New Energy, a leading domestic biodiesel enterprise [6][7].

Group 1 - The State Intellectual Property Office of China shows that China National Petroleum Corporation, Beijing Petroleum Machinery Co., Ltd., China Petroleum Group Kunlun Manufacturing Co., Ltd., and Chongqing Wanpulon Energy Technology Co., Ltd. have applied for a patent titled "A Method and Device for Identifying Wellsite Skid-mounted Equipment Based on Edge-Cloud Collaboration," with publication number CN121262573A and application date of September 2025 [1] - The patent provides a method for identifying wellsite skid-mounted equipment using multimodal recognition to obtain equipment information, including status and attribute information, and utilizes a cloud server for identity and status recognition, enhancing identification efficiency, accuracy, safety, and intelligence of the equipment [1] Group 2 - China National Petroleum Corporation, established in 1990, is primarily engaged in oil and gas extraction, with a registered capital of 48.69 billion RMB, and has invested in 107 companies and participated in 5,000 bidding projects [2] - Beijing Petroleum Machinery Co., Ltd., founded in 1955, focuses on automotive manufacturing, with a registered capital of approximately 448.41 million RMB, having invested in 3 companies and participated in 806 bidding projects [2] - China Petroleum Group Kunlun Manufacturing Co., Ltd., established in 2023, is involved in the petroleum, coal, and other fuel processing industries, with a registered capital of 580 million RMB, having invested in 8 companies and participated in 24 bidding projects [2] - Chongqing Wanpulon Energy Technology Co., Ltd., founded in 2017, specializes in technology promotion and application services, with a registered capital of 10 million RMB, having invested in 1 company and participated in 119 bidding projects [3]

Government Initiatives - The State Council is accelerating the introduction of comprehensive management measures for the recycling of new energy vehicle power batteries, as part of the Solid Waste Comprehensive Management Action Plan [2] - Ten departments, including the State Administration for Market Regulation, have released the "Green Product Certification and Labeling Management Measures," defining green products based on their resource, energy, environmental, and quality attributes [2] Transportation and Data Integration - The Ministry of Transport is promoting the integration of transportation data with resources from public security, energy, tourism, satellite remote sensing, and other sectors to enhance public services and support traditional industry transformation [3] Technological Advancements - Beijing has published an updated directory of green low-carbon advanced technologies, which includes 168 technologies aimed at promoting their application [4] - Shanghai aims to cultivate and attract ten leading enterprises in eVTOL, industrial-grade drones, and new energy aviation by 2028, targeting a core industry scale of approximately 80 billion yuan [4] Energy Sector Developments - China's largest oil and gas field, Changqing Oilfield, has maintained a natural gas production of over 50 billion cubic meters for four consecutive years, with an expected annual output of 51.42 billion cubic meters in 2025 [7]

Group 1 - The core theme of the New Year's promotion activity organized by China Petroleum Inner Mongolia Alxa Sales Company was "New Year Refueling, Enjoy Multiple Gifts," which successfully achieved both customer attraction and retention goals during the event from January 1 to 3, 2026 [1] - The promotion focused on customer needs, offering non-fuel products as rewards for recharge, which significantly boosted customer engagement and led to increased recharge amounts from both existing and new customers [1][2] - The "Full Reduction Discount" policy implemented during the event further reduced travel costs for car owners, enhancing the overall customer experience and ensuring high service quality at the gas stations [1][2] Group 2 - Prior to the event, the business department and management team prepared promotional activities through various channels, including in-station posters, employee recommendations, and targeted customer group messages, to maximize outreach [2] - The festive atmosphere at the gas stations, along with prominent promotional slogans and attentive service, contributed to a positive customer experience, with many customers expressing that the event was both cost-effective and meaningful [2] - The Alxa Sales Company plans to continue optimizing marketing strategies, focusing on enhancing customer experience and introducing more community-friendly activities to strengthen market competitiveness and support ongoing business development [2]

Core Viewpoint - China National Petroleum Corporation's Southwest Oil and Gas Field Company has produced over 10 billion cubic meters of shale gas in 2020, accounting for approximately half of the national shale gas output, establishing itself as the largest shale gas producer in China [1] Group 1: Production Achievements - The Southwest Oil and Gas Field Company's shale gas production area is primarily located in Yibin, Zigong, Neijiang, Luzhou, and Yongchuan in Chongqing, and has become the largest shale gas production area in China after over a decade of technological advancements and production development [1] - The proven reserves of shale gas in southern Sichuan exceed 1 trillion cubic meters, highlighting the significant resource potential in the region [1] Group 2: Operational Efficiency - In 2020, the company has steadily advanced pandemic prevention, resumption of work, and production efficiency, achieving an additional annual production capacity of 8.685 billion cubic meters [1] - The daily gas production has increased by 40% compared to the beginning of the year, indicating improved operational performance [1]

Group 1 - The core viewpoint of the article highlights that China's largest oil and gas field, Changqing Oilfield, is expected to achieve an annual natural gas production of 51.42 billion cubic meters by 2025, maintaining a production level above 50 billion cubic meters for four consecutive years [1] - It is projected that the annual gas output from the Changqing Oilfield will account for one-fifth of the total natural gas production in China [1]

Core Viewpoint - China's largest oil and gas field, Changqing Oilfield, is projected to achieve an annual natural gas production of 51.42 billion cubic meters by 2025, maintaining a steady output above 50 billion cubic meters for four consecutive years, which is expected to account for one-fifth of the country's total natural gas production [1]. Group 1 - Changqing Oilfield, located in the Ordos Basin, will implement measures to address declining production from old wells and decreasing formation pressure by conducting 14,000 well interventions, which are expected to increase natural gas output by 2.6 billion cubic meters [3]. - The field will also see the commissioning of over 1,900 new gas wells, contributing more than 2.8 billion cubic meters of natural gas in the same year [3]. Group 2 - Over its 30-plus years of development, Changqing Oilfield has successfully developed 15 gas fields, including Jingbian, Yulin, and Sulige [5]. - Since it began supplying gas to Beijing in 1997, the oilfield has produced over 700 billion cubic meters of gas, equivalent to replacing more than 90 million tons of standard coal and reducing carbon dioxide emissions by over 1 billion tons [5].

Core Viewpoint - The article highlights the inspiring stories of students from China University of Petroleum (East China) who are motivated to work in the western regions of China, particularly in the oil fields, driven by a sense of national duty and the desire to contribute to energy modernization [1] Group 1: Student Reactions - The report has sparked enthusiastic discussions among students, particularly in the Earth Science and Technology College, reflecting a strong emotional response to the stories of alumni who worked in the Tarim Basin [1] - Students express admiration for the commitment of their predecessors, stating that their ideals are rooted in the areas where the country needs them most, inspiring a growing number of graduates to pursue careers in western oil fields like Xinjiang and Gansu [1] - Doctoral students share personal experiences related to energy research, emphasizing their dedication to the pursuit of energy independence and modernization as a response to national needs [1] Group 2: Alumni Engagement - Alumni participating in discussions express a deep connection to the development of oil fields in regions like the Junggar Basin, highlighting the joy of synchronizing personal growth with national development [1]

Group 1 - The core point of the article is that China National Petroleum Corporation has obtained a patent for a method and system to quickly determine the hydrocarbon generation threshold depth of mudstone [1] - The patent was granted with the announcement number CN116755176B and the application date was May 2023 [1] - China National Petroleum Corporation was established in 1999 and is primarily engaged in oil and natural gas extraction [1] Group 2 - The company has a registered capital of 18,302,097,000 RMB [1] - According to data analysis, the company has invested in 1,296 enterprises and participated in 443 bidding projects [1] - The company holds 38 trademark registrations and has 5,000 patent records, along with 168 administrative licenses [1]