Core Insights - The article highlights the innovative use of liquefied natural gas (LNG) in various applications, including food production and energy supply, showcasing its versatility and efficiency [1][3]. Group 1: LNG Overview - LNG, or Liquefied Natural Gas, is a clean and efficient energy source, with a liquid volume approximately 1/625 of its gaseous state, making it easier to store and transport [1]. - The China National Offshore Oil Corporation (CNOOC) Yancheng "Green Energy Port" is the largest LNG energy hub in China, with a storage capacity of 2.5 million cubic meters [1][3]. Group 2: Environmental Impact - The Yancheng "Green Energy Port" has an annual processing capacity of 6 million tons, equivalent to 8.5 billion cubic meters of gaseous natural gas, which can supply residential gas for Jiangsu Province for about 28 months [3]. - The facility contributes to significant emissions reductions, including a decrease of 37.64 million tons of CO2 and 668,000 tons of nitrogen oxides, along with the environmental benefit of planting 80 million trees [3]. Group 3: Trade and Economic Impact - In 2024, the "Green Energy Port" achieved a bonded import value of 5.332 billion yuan, with plans to expand LNG transshipment trade in 2025, targeting a bonded import and export value of over 6 billion yuan for the year [6]. - The port has streamlined customs and inspection processes, significantly reducing the waiting time for vessels at the terminal, thereby enhancing operational efficiency [6].

Core Insights - The successful production of the Liuhua 11-1/4-1 oilfield secondary development project marks a significant achievement for China National Offshore Oil Corporation (CNOOC) in overcoming the challenges of developing deep-water reef limestone oilfields, contributing to national energy security and revitalizing billion-ton deep-water oilfields [1][4]. Group 1: Project Overview - The Liuhua 11-1/4-1 oilfield project, located in the Pearl River Mouth Basin, consists of two oilfields with an average water depth of approximately 305 meters and plans to produce from 32 production wells [4]. - As of now, 27 production wells have been put into operation, with a daily crude oil production steadily increasing to 3,400 tons, which is 1.25 times the designed peak daily production [4]. Group 2: Technical Achievements - The Liuhua 11-1 oilfield, China's first deep-water oilfield, has produced over 20 million tons of crude oil since its launch in 1996, with a current recovery rate of only 12.84%, indicating significant untapped reserves of approximately 140 million tons [4][5]. - CNOOC has developed a series of water control and oil stabilization technologies over ten years, leading to significant improvements in recoverable reserves and recovery rates, extending the field's lifespan by 30 years [5]. Group 3: Production Efficiency - The current production wells in the Liuhua 11-1/4-1 oilfield have a daily liquid production rate of only 37.4% of the design value, with a comprehensive water cut reduced by 22% compared to the design, while crude oil production exceeds expectations [5]. - The operational success of the project validates the reliability of the water control and oil stabilization technology and the economic effectiveness of the "deep-water jacket platform + cylindrical FPSO" development model, contributing a "Chinese solution" for the efficient development of similar deep-water oil and gas fields [5].

Core Viewpoint - The resignation of Huang Yongzhang as the President of China National Petroleum Corporation (CNPC) is due to work-related changes, and he will no longer hold any positions within the company or its subsidiaries after his departure [1] Group 1: Company Changes - Huang Yongzhang submitted his resignation on September 19, 2025, from his roles as director and president of CNPC [1] - Following his resignation, Huang Yongzhang has been appointed as the Director and General Manager of China National Offshore Oil Corporation (CNOOC) [1] Group 2: Leadership Transition - The announcement of Huang Yongzhang's new role at CNOOC was made during an expanded leadership meeting of the company on September 19 [1] - The decision regarding Huang's appointment at CNOOC was communicated by officials from the Central Organization Department [1]

Group 1: China National Offshore Oil Corporation (CNOOC) - Huang Yongzhang has been appointed as the General Manager and Deputy Secretary of the Party Committee of CNOOC, replacing Zhou Xinhai who has transitioned to the role of General Manager of China National Petroleum Corporation (CNPC) [1][2] - CNOOC is the largest offshore oil and gas producer in China, established in February 1982, with a registered capital of 113.8 billion yuan and five listed subsidiaries [2] Group 2: China Eastern Airlines Group - Gao Fei has been appointed as the General Manager and Deputy Secretary of the Party Committee of China Eastern Airlines Group, previously serving as a director and deputy secretary at China Southern Airlines Group [4][5] - China Eastern Airlines Group is one of the three major state-owned airlines in China, headquartered in Shanghai, and is notable for being the first to achieve dual listings in both air passenger and air logistics sectors [5]

Core Viewpoint - The successful positioning of the new Shengli Oil Engineering Company's Xinjingli No. 2 platform in the Bohai West block marks a significant expansion of the company's drilling platform towing business in the CNOOC market [1] Group 1: Company Achievements - The company has completed drilling and completion services for 20 wells across various blocks including Caofeidian, Qinhuangdao, Longkou, and Bohai South since entering the CNOOC market [1] - Seven key performance indicators (KPIs) have reached Class A drilling platform standards, and two "hundred-ton wells" have been successfully drilled [1] - The company maintained a 100% daily fee acquisition rate for four consecutive months and received two letters of commendation from the client [1] Group 2: Operational Excellence - The towing operation had a narrow time window and high precision requirements, with only one day of favorable weather forecast, and the positioning was within 3.2 meters of the production platform [1] - Prior to towing, the company conducted thorough preparations including hydrological and meteorological data collection, towing plan formulation, vessel acceptance, and system checks [1] - The operation was executed with clear personnel division, unified command, and precise execution, achieving the goals of pulling piles, towing, and positioning all on the same day, which was seven days ahead of the original plan [1]

Core Viewpoint - The China National Offshore Oil Corporation (CNOOC) has established the Yancheng "Green Energy Port," which is the largest liquefied natural gas (LNG) energy hub in China, enhancing the country's natural gas supply chain and supporting regional economic development [1][2] Group 1: Project Overview - The Yancheng "Green Energy Port" is a key project for the national natural gas "production, supply, storage, and marketing" system, built by CNOOC in the coastal port area of Yancheng [1] - The port has a total storage capacity of 2.5 million cubic meters, with an annual processing capacity exceeding 6 million tons, making it the largest LNG energy hub in the country [1] - As of now, the project has received a cumulative total of 7.84 million tons of LNG, supplying over 9.8 billion cubic meters of natural gas to the Yangtze River Delta and surrounding areas [1] Group 2: Business Expansion - The Yancheng "Green Energy Port" has expanded its operations to include cold energy utilization and gas power generation, establishing China's first LNG cold energy exchange center [2] - The port is set to operate bonded LNG storage tanks, with projected bonded imports reaching 5.332 billion yuan in 2024 [2] - In 2025, the port plans to initiate LNG transshipment trade, with bonded imports and exports expected to reach 3.645 billion yuan in the first half of the year, further enhancing the port's functionality and supporting high-quality local economic development [2]

9月19日，中国海洋石油集团有限公司召开领导班子(扩大)会议。受中央组织部领导委托，中央组织部 有关干部局负责同志宣布了党中央关于中国海洋石油集团有限公司总经理任职的决定：黄永章同志任中 国海洋石油集团有限公司董事、总经理、党组副书记，免去其中国石油天然气集团有限公司副总经理、 党组成员职务。相关职务任免，按有关法律和章程的规定办理。 ...

Core Viewpoint - The oil and gas extraction sector experienced a slight increase of 0.78% on September 19, with *ST Xinchao leading the gains, while the overall market indices showed a decline [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3820.09, down 0.3% [1] - The Shenzhen Component Index closed at 13070.86, down 0.04% [1] - The oil and gas extraction sector's performance is summarized in a table showing individual stock prices and their respective changes [1] Group 2: Stock Performance - *ST Xinchao (600777) closed at 3.82, with an increase of 1.60% and a trading volume of 188,100 shares, amounting to a transaction value of 72.02 million yuan [1] - China National Offshore Oil Corporation (600938) closed at 26.40, up 0.92% with a trading volume of 362,600 shares [1] - Blue Flame Holdings (000968) closed at 6.95, up 0.43% with a trading volume of 76,800 shares, totaling 53.16 million yuan [1] - Intercontinental Oil and Gas (600759) closed at 2.33, down 2.10% with a trading volume of 1,618,600 shares [1] Group 3: Capital Flow - The oil and gas extraction sector saw a net outflow of 28.90 million yuan from institutional investors and 13.01 million yuan from retail investors, while there was a net inflow of 41.91 million yuan from individual investors [1] - A detailed table shows the net capital flow for individual stocks, indicating varying levels of institutional, retail, and individual investor activity [2]

Core Viewpoint - The appointment of Huang Yongzhang as the new General Manager of China National Offshore Oil Corporation (CNOOC) marks a significant leadership change within the company, following the transition of the previous General Manager to China National Petroleum Corporation (CNPC) [1][2]. Group 1: Leadership Change - Huang Yongzhang has been appointed as the Director, General Manager, and Deputy Secretary of the Party Leadership Group of CNOOC, replacing his previous role as Deputy General Manager and Party Member of CNPC [1][2]. - The announcement was made during an expanded leadership meeting of CNOOC on September 19, 2023, by representatives from the Central Organization Department [1]. Group 2: Background of Huang Yongzhang - Huang Yongzhang, born in 1967, holds a doctoral degree in engineering and is a senior engineer [2]. - His previous positions include Vice President of China Petroleum Nile Company, Deputy General Manager and Safety Director of China Petroleum Exploration and Development Company, and General Manager of China Petroleum Middle East Company [2]. Group 3: Company Overview - CNOOC, established on February 15, 1982, is a large state-owned enterprise and the largest offshore oil and gas producer in China [2]. - The company has a registered capital of 113.8 billion yuan and operates five publicly listed subsidiaries both domestically and internationally [2].

中国海洋石油集团有限公司网站消息，2025年9月19日，中国海洋石油集团有限公司召开领导班子（扩 大）会议。受中央组织部领导委托，中央组织部有关干部局负责同志宣布了党中央关于中国海洋石油集 团有限公司总经理任职的决定：黄永章同志任中国海洋石油集团有限公司董事、总经理、党组副书记， 免去其中国石油天然气集团有限公司副总经理、党组成员职务。相关职务任免，按有关法律和章程的规 定办理。 公开信息显示，黄永章，男，研究生，工学博士，正高级工程师。 黄永章曾任中国石油尼罗河公司副总经理，中国石油勘探开发公司党委委员、副总经理、安全总监，中 国石油中东公司常务副总经理、总经理，中东地区协调组组长，中国石油集团公司党组成员、副总经 理、安全总监，股份公司执行董事、总裁等职务。 今年8月29日消息，原任中国海洋石油集团有限公司董事、总经理、党组副书记周心怀，已任中国石油 天然气集团有限公司董事、总经理、党组副书记。 据介绍，中国海洋石油集团有限公司是1982年2月15日经国务院批准成立的特大型国有企业，是中国最 大的海上油气生产运营商。公司注册资本1138亿元，共有5家控股境内外上市公司。公司主要业务板块 包括油气勘探开发、 ...