胜利油田的重要勘探开发区域济阳坳陷，是典型的"油盆+热盆"地质构造。2024年，胜利油田确立"油田 之中建热田"发展战略，通过将闲置油井改造为地热井、提取采出液余热等措施，将清洁热能用于替代 油田集输系统燃气加热炉供热，同时与地方企业推进供热管网互联互通，带动周边绿色转型，已建成各 类地热余热利用项目51个，年清洁供热能力达346万吉焦，可减排二氧化碳22.3万吨。 胜利油田主要负责人杨勇表示，近年来，胜利油田坚持油田热田协同开发，经济和环保效益显著，未来 将在采油、集输系统进一步推广清洁热能应用，为传统能源企业绿色转型探索新路径。 近日，中国石化胜利油田孤东采油厂东一联合站完成用能转型，来自地下3200米深处的采出液余热成功 替代传统燃气供热，预计年清洁供热能力达20.9万吉焦，可替代天然气638万立方米，年减排二氧化碳 1.35万吨。孤岛采油厂建成的山东省首个用于油气生产的中深层地热项目也于近期投产，年清洁供热能 力7.5万吉焦，标志着我国油气领域在中深层地热资源规模化工业应用方面取得积极进展。 在原油开采过程中，会伴随一些高温含水液体从地下被抽取上来，这部分采出液是可利用的余热资源。 在原油生产环节，相 ...

相关上市公司：冰轮环境(000811.SZ) 同壁财经讯，企查查数据显示，根据《中国石油化工股份有限公司石家庄炼化分公司石家庄炼化绿色转 型发展项目RTC复合型表面蒸发空冷器空冷器招标结果公告》，冰轮环境技术股份有限公司于2026年2 月12日公告中标中国石化国际事业有限公司采购项目，中标金额为7059.40万元。 同壁财经小贴士： 相关上市公司：冰轮环境(000811.SZ) 同壁财经小贴士： 冰轮环境（000811.SZ）2024年营业收入为66.35亿元，营业收入增长率为-11.48%，归属母公司净利润 为6.28亿元，归属母公司净利润增长率为-4.76%，净资产收益率为10.96%。 冰轮环境（000811.SZ）2024年营业收入为66.35亿元，营业收入增长率为-11.48%，归属母公司净利润 为6.28亿元，归属母公司净利润增长率为-4.76%，净资产收益率为10.96%。 2025年上半年公司营业收入为31.18亿元，营业收入增长率为-6.92%，归属母公司净利润为2.66亿元，归 属母公司净利润增长率为-19.71%。 目前公司属于工业行业，主要产品类型为风泵机械、专用设备与零部件，2024 ...

Core Insights - The company is enhancing production efficiency through automation and smart technology, achieving world-class standards in lubricant oil production [2][4] - The company has developed a comprehensive range of over 800 lubricant products to meet diverse industry needs [2] - The company is proactively managing customer demands and logistics to ensure smooth operations during the Spring Festival [3][4] Group 1: Production Efficiency - The Beijing Lubricant Oil Company has implemented automated filling lines and intelligent inspection robots, significantly increasing operational efficiency [2] - The production facility operates with high automation, allowing three employees to manage two filling lines simultaneously [2] - The use of a Manufacturing Execution System (MES) enables real-time monitoring and data feedback, ensuring accurate task execution [2] Group 2: Product Development - The company has developed specialized lubricants, such as gearbox oil for CR450 high-speed trains, contributing to advancements in high-speed rail technology [3] - The company’s products are designed to support various applications, including high-speed rail, high-end diesel engine oil, and gasoline engine oil [3] Group 3: Market Strategy - The marketing department has initiated early customer demand assessments to prepare for logistics challenges during the holiday season [3] - The company has established a 24-hour customer service hotline to respond to order inquiries and restocking needs in real-time [3][4] - The company has achieved a record high in lubricant production for January, reflecting effective operational management and strategic planning [4]

Core Viewpoint - The stock price of China Petroleum & Chemical Corporation (Sinopec) has shown strong performance recently, driven by factors such as capital inflow, industry recovery, and technical indicators, despite a decline in net profit for Q3 2025 [1] Stock Price Movement Reasons - Capital Support: On February 11, net inflow of main funds through Hong Kong Stock Connect reached 82.95 million HKD, indicating sustained institutional investment [1] - Industry Recovery: International oil prices exhibited volatility on February 12, influenced by geopolitical factors and demand expectations, benefiting the oil and petrochemical sector [1] - Improvement in Fundamentals: Sinopec was recently increased by FMR LLC by 21.646 million shares at a price of 5.2836 HKD per share, reflecting international capital's recognition of its long-term value [1] - Market Expansion: Sinopec's phenol products have entered the international market for the first time, expanding its business growth potential [1] - Technical Breakthrough: The stock price has surpassed all major moving averages (5-day, 20-day, 60-day), and the MACD indicator remains in a bullish crossover state, indicating a strong short-term technical outlook [1] Company Fundamentals - It is important to note that the company's net profit for Q3 2025 decreased by 28.92% year-on-year, indicating ongoing pressure on fundamentals [1] - The current price-to-earnings ratio (TTM) for the Hong Kong stock is 17.07 times, which is above the historical valuation mean, necessitating attention to the alignment between performance and valuation [1]

2026年2月12日星期四 ➢ 美就业大增；中国促央企算力投资。A股 偏强震荡。上证指数收涨0.09%报4131.98 点，深证成指跌0.35%，创业板指跌1.08%。 有色板块多行业大涨。恒指冲高回落， 香港恒生指数收涨0.31%报27266.38点， 恒生科技指数涨0.9%，恒生中国企业指数 上涨0.28%。贵金属、锂金属强劲上涨。 大市成交额2172.175亿港元。外盘方面， 欧洲三大股指收盘涨跌不一，美国三大 股指小幅收跌，道指跌0.13%报50121.4点， 标普500指数持平报6941.47点，纳指跌 0.16%。美国非农就业创逾一年最大增长， 失业率意外下降，交易员料美联储7月才 会降息。中国国资委呼吁央企积极扩大 算力有效投资。 资料来源：彭博 | 27266.38 | 0.31 | 6.38 | | --- | --- | --- | | 9268.18 | 0.28 | 3.98 | | 5499.99 | 0.90 | -0.29 | | 118.11 | -0.12 | -4.33 | | 4131.99 | 0.09 | 4.11 | | 14160.93 | -0.35 | 4.7 ...

Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) has launched its "Warm Station" initiative for the 14th consecutive year, providing various services to support travelers during the Spring Festival travel rush [1] Group 1: Initiative Overview - During the Spring Festival, Sinopec has set up "Warm Stations" at 700 gas stations across seven provinces (Guangdong, Guangxi, Hunan, Hubei, Yunnan, Guizhou, and Jiangxi) to offer free refueling, hot meals, and New Year gift packets among nearly 20 supportive services [1] - The company operates over 5,000 "Driver Homes" and 8,402 "Love Stations" nationwide, which are open 24 hours to provide outdoor workers, such as truck drivers and delivery personnel, with warm resting areas, hot water, and charging facilities [1] Group 2: Service Impact - Since the initiative began in 2013, Sinopec has cumulatively served over 493 million motorcycle returnees and 67.83 million travelers during the Spring Festival [1]

Group 1 - The core viewpoint of the news highlights the performance of oil and gas ETFs, with significant gains in several component stocks, including a 9.98% increase in China Merchants Energy and over 8% in COSCO Shipping Energy [2][4] - The OPEC report maintains its global oil supply and demand forecast for the next two years, with a notable decrease in January's average daily production by 439,000 barrels to 42.448 million barrels, exceeding market expectations [4][5] - The recent geopolitical tensions between the US and Iran have contributed to rising oil prices, with US crude oil futures closing at $64.89 per barrel, up 1.45%, and Brent crude at $69.60, up 1.15% [4][5] Group 2 - The marginal improvement in the supply-demand fundamentals is providing solid support for oil prices, with OPEC+ confirming a continued production halt until March 2026, alleviating concerns about oversupply [5][6] - Domestic oil companies are reducing their sensitivity to oil price fluctuations through integrated upstream and downstream operations and diversifying their oil and gas sources [6][7] - The oil and gas ETF focuses on the upstream and downstream sectors of the oil and gas industry, including exploration, equipment, refining, and transportation, emphasizing companies with quality reserves and stable dividend capabilities [6][7]

Group 1 - The ongoing regional tensions are disrupting the global oil supply chain, leading to a continuous rise in oil prices, with WTI crude oil up by 1.45% to $64.89 per barrel and Brent crude oil up by 1.15% to $69.60 per barrel [1] - OPEC maintains its global oil demand growth forecast for 2026 and 2027, expecting an average global demand of 42.6 million barrels per day in Q1 2026 and 42.2 million barrels per day in Q2 2026, unchanged from previous predictions [1] - OPEC+ crude oil production averaged 42.45 million barrels per day in January, a decrease of 439,000 barrels per day from December 2025, primarily due to a decline in Kazakhstan's production [1] Group 2 - The uncertainty surrounding the situation in Iran, combined with the recent trade agreement between the US and India, and India's commitment to halt imports of Russian oil while increasing purchases of US and Venezuelan oil, is accelerating the restructuring of global oil trade flows, providing strong short-term support for oil prices [1] - As of February 12, 2026, the National Petroleum and Natural Gas Index (399439) rose by 0.87%, with significant gains in component stocks such as China Merchants Energy (up 6.91%), COSCO Shipping Energy (up 5.34%), and China Merchants Oil (up 4.35%) [1] - The oil ETF Penghua (159697) increased by 0.88%, marking its fifth consecutive rise, with the latest price reported at 1.38 yuan [1] Group 3 - As of January 30, 2026, the top ten weighted stocks in the National Petroleum and Natural Gas Index (399439) include China National Petroleum, China National Offshore Oil, and Sinopec, collectively accounting for 66.76% of the index [2]

Core Viewpoint - The stock price of China Petroleum & Chemical Corporation (Sinopec) has shown resilience but has not reached historical highs, with recent trading activity reflecting mixed performance in both Hong Kong and A-shares markets [1][2]. Group 1: Stock Price Movement - On February 12, 2026, Sinopec's Hong Kong stock opened at HKD 5.51, peaked at HKD 5.56, and closed at HKD 5.55, marking a 0.73% increase [1]. - Conversely, the A-share price slightly declined by 0.15%, closing at CNY 6.53 [1]. Group 2: Reasons for Stock Price Fluctuation - Strong performance driven by capital support, with net inflow of HKD 82.95 million from the Hong Kong Stock Connect on February 11, indicating sustained institutional investment [2]. - Industry recovery is noted as international oil prices exhibited volatility influenced by geopolitical factors and demand expectations, benefiting the oil and petrochemical sector [2]. - Improvement in fundamentals is highlighted by FMR LLC's acquisition of 21.646 million shares at HKD 5.2836 per share, reflecting international capital's recognition of the company's long-term value [2]. - Sinopec's phenol products have entered the international market for the first time, expanding business growth opportunities [2]. - Technical indicators show that the stock price has surpassed all major moving averages, with the MACD indicator maintaining a bullish crossover, suggesting a strong short-term technical outlook [2]. Group 3: Company Fundamentals - It is important to note that the company's net profit for Q3 2025 decreased by 28.92% year-on-year, indicating ongoing pressure on fundamentals [3]. - The current TTM price-to-earnings ratio stands at 17.07, which is above the historical valuation mean, necessitating attention to the alignment between performance and valuation [3].

Group 1 - The core viewpoint of the articles indicates that international oil prices are rising due to escalating tensions between the US and Iran, which outweighs the impact of a significant increase in US crude oil inventories [1] - OPEC's latest monthly report maintains its forecast for global oil supply and demand for the next two years, with a notable decrease in OPEC+ daily production in January, down by 439,000 barrels to 42.448 million barrels, exceeding market expectations [1] - Current international oil prices are characterized by a tendency to rise rather than fall, with various bullish catalysts emerging, leading to a greater potential for price increases compared to declines [1] Group 2 - The Guozheng Oil and Gas Index (399439) has seen an increase of 0.94%, with significant gains in constituent stocks such as CNOOC Engineering (up 9.97%) and Zhongman Petroleum (up 5.90%) [1] - The Penghua Oil ETF (159697) closely tracks the Guozheng Oil and Gas Index, which reflects the price changes of publicly listed companies in the oil and gas sector on the Shanghai and Shenzhen stock exchanges [2] - As of January 30, 2026, the top ten weighted stocks in the Guozheng Oil and Gas Index account for 66.76% of the index, including major companies like China National Petroleum, CNOOC, and Sinopec [2]