2020-2025年中国原油产量统计图 上市企业：中国石油（601857）,中国石化（600028）,大庆华科（000985）,广汇能源（600256）,潜能恒 信（300191）,ST海越（600387） 相关报告：智研咨询发布的《2026-2032年中国石油行业发展策略分析及投资前景研究报告》 根据国家统计局数据显示：2025年12月中国原油产量为1780万吨，同比下降0.6%；2025年中国原油累 计产量为21604.7万吨，累计增长1.5%。 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

Investment Rating - The report maintains an "Overweight" rating for the oil and petrochemical industry [1] Core Insights - The China National Petroleum Corporation (CNPC) has demonstrated significant resilience and competitive strength, achieving top-tier performance among state-owned enterprises for four consecutive years [4] - The strategic goal for the next five years is to fully realize high-quality development by 2030 and to establish a world-class enterprise [5] - The company aims to enhance its core competitiveness and fulfill its responsibilities in ensuring national energy security and advancing modernization [6] Summary by Sections Strategic Goals - CNPC's chairman emphasized the importance of strategic goals to empower a better life through energy security, highlighting the company's achievements during the 14th Five-Year Plan [4] - The company plans to implement a dual-phase strategy to achieve high-quality development and establish itself as a world-class enterprise by 2030 [6] Operational Highlights - In 2024, CNPC is projected to achieve a domestic crude oil production of 106.15 million tons, a year-on-year increase of 0.3%, and a natural gas production of 158.6 billion cubic meters, up 3.8% [8] - The company is focusing on optimizing its product structure in the refining and chemical sectors, with plans to produce over 2 million tons of new materials in 2024 [8] Reform and Transformation - CNPC is actively pursuing reforms to enhance its governance and operational efficiency, including the implementation of a divisional system to improve management effectiveness [9] - The company is committed to deepening its technological innovation and digital transformation to lead in smart development [9] Investment Opportunities - The report suggests focusing on several entities under CNPC, including China National Petroleum, Kunlun Energy, and China Oil Engineering, which are expected to benefit from the integrated advantages of the CNPC [10]

Group 1 - The oil sector is experiencing significant activity, with companies like PetroChina and Sinopec seeing substantial stock price increases, and CNOOC reaching a historical high [1] - A large winter storm has caused natural gas prices in the U.S. to surge, reaching a three-year high, with Henry Hub natural gas futures for February delivery peaking at $7.43 per million British thermal units, marking a 140% increase since January 16 [1] - Huatai Securities forecasts that the average Brent crude oil price for 2026 will be $65 per barrel, with quarterly averages of $64, $66, $68, and $63 per barrel for Q1 to Q4 respectively, an increase from a previous estimate of $62 per barrel [1] Group 2 - As of January 28, 2026, the National Petroleum and Natural Gas Index (399439) has risen by 3.06%, with significant gains in constituent stocks such as Potential Energy rising by 13.50% and Sinopec by 10.11% [2] - The oil ETF Penghua (159697) has increased by 3.26%, with a latest price of 1.36 yuan and a net subscription of 54 million units, marking 14 consecutive days of net inflow [2] - The top ten weighted stocks in the National Petroleum and Natural Gas Index account for 67.11% of the index, including major companies like PetroChina, Sinopec, and CNOOC [2]

| 代码 | 名称 | 最新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 600916 | 中国黄金 | 12.27 | 10.04% | | 000758 | 中包股份 | 8.95 | 9.41% | | 601600 | 中国铝业 | 14.48 | 9.12% | | 600489 | 中金黄金 | 37.01 | 7.96% | | 601618 | 中国中冶 | 3.39 | 7.62% | | 600339 | 中油工程 | 3.99 | 7.84% | | 600938 | 思想图书 | 35.48 | 6.71% | | 601068 | 中铝国际 | 6.42 | 6.29% | | 002080 | 中材科技 | 41.53 | 6.41% | | 600176 | 中国巨石 | 21.78 | 6.19% | | 601390 | 中国中铁 | 5.79 | 4.51% | | 601857 | 中国石油 | 10.88 | 4.21% | | 601117 | 中国化学 | 9.15 | 3.74% | | 601061 | 中信金属 | 16.44 ...

中化新网讯 1月26日14时56分，甘肃甘南州迭部县发生5.5级地震(震源深度10千米)。地震发生后，石油 石化企业迅速启动应急响应，全力保障地震波及区域内各加能站运行正常、油品供应稳定，筑牢震区能 源生命线。 中国石油甘肃销售公司所属甘南分公司火速成立应急指挥领导小组，10分钟内完成震中50千米范围内3 座加油站——迭部云峰加油站、迭山加油站、代古寺加油站的全覆盖安全排查。经核查，所有站点设备 完好、无油品泄漏，员工与顾客零伤亡。3站同步开通抗震救灾绿色通道，优先保障救援车辆"即到即 加"。截至目前，沿线及震区油品供应全线畅通，3座核心加油站已实现满库存运行，首台自有流动加油 车已抵达迭部支援，8台后备流动加油车整装待命、随时响应。 地震发生后，中国石化甘肃石油公司立即启动地震应急预案，全面部署隐患排查和应急处置工作。定 西、兰州、天水分公司及实化交通公司迅速响应，组织专人对油罐区、加油机、站房等关键设施开展拉 网式排查，确保人员和财产安全。为保障地震期间的能源供应和民生需求，甘肃石油在地震影响沿线的 高速公路及国省道干线加能站开通绿色加油通道，优先保障应急救援车辆和民生运输车辆用油，为抗震 救灾提供坚实的 ...

作者：情报员 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 国家知识产权局信息显示，中国石油天然气股份有限公司取得一项名为"选择性脱除剂及其制备方法和 应用"的专利，授权公告号CN117753362B，申请日期为2022年9月。 天眼查资料显示，中国石油天然气股份有限公司，成立于1999年，位于北京市，是一家以从事石油和天 然气开采业为主的企业。企业注册资本18302097万人民币。通过天眼查大数据分析，中国石油天然气股 份有限公司共对外投资了1299家企业，参与招投标项目443次，财产线索方面有商标信息38条，专利信 息5000条，此外企业还拥有行政许可168个。 ...

截至1月28日10点整，石化ETF（159731）涨1.26%，持仓股浙江龙盛涨停，宝丰能源、和邦生物等涨幅 居前。从资金净流入方面来看，石化ETF连续15个交易日获得资金净流入，合计"吸金"7.45亿元。石化 ETF最新份额达10.18亿份，最新规模10.45亿元，均创成立以来新高。 国信证券认为，工信部印发石化化工行业稳增长方案，行业"减油增化"稳步推进。国际油价窄幅波动， 沙特OSP升水下调，炼化成本端逐步改善。近期，全球外部环境急剧变化，但考虑到OPEC+的财政平衡 油价成本，以及美国页岩油较高的新井成本，预计2026年布油中枢在55-65美元/桶窄幅波动，处于炼厂 成本舒适区。此外2025年10月来，沙特连续下调对亚洲OSP油价，将进一步减少对国内炼厂成本端压 力。后续随着俄乌关系缓和，VLCC运价有望降低波动，炼厂成本端将逐步改善。 石化ETF（159731）及其联接基金（017855/017856）紧密跟踪中证石化产业指数，从申万一级行业分 布来看，指数以基础化工和石油石化行业为主，权重占比合计超91%，前十大重仓股中涵盖了"三桶 油"——中国石油、中国石化、中国海油，权重占比合计超20%。 每 ...

国家知识产权局信息显示，中国石油天然气集团有限公司、中国石油集团长城钻探工程有限公司取得一 项名为"页岩气储层破裂压力的确定方法、装置、设备以及介质"的专利，授权公告号CN119914267B， 申请日期为2023年10月。 来源：市场资讯 天眼查资料显示，中国石油天然气集团有限公司，成立于1990年，位于北京市，是一家以从事石油和天 然气开采业为主的企业。企业注册资本48690000万人民币。通过天眼查大数据分析，中国石油天然气集 团有限公司共对外投资了109家企业，参与招投标项目5000次，财产线索方面有商标信息1439条，专利 信息5000条，此外企业还拥有行政许可28个。 中国石油集团长城钻探工程有限公司，成立于2008年，位于北京市，是一家以从事石油和天然气开采业 为主的企业。企业注册资本2770000万人民币。通过天眼查大数据分析，中国石油集团长城钻探工程有 限公司共对外投资了3家企业，参与招投标项目5000次，财产线索方面有商标信息16条，专利信息1873 条，此外企业还拥有行政许可25个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 ...

在新能源汽车替代燃油车、运输"以铁替公"战略等影响下，我国汽柴油需求整体呈现增长放缓趋势。但 在供给端有炼油产能红线限制与炼厂"减油增化"的结构性优化，成本端原油价格处于炼油舒适区、叠加 OSP升水下调改善，国内成品油整体裂差中枢逐步上移。此外，海外成品油裂差在俄罗斯炼厂遇袭、美 国炼厂开工率下行背景下走高。我国头部炼厂炼油端利润将实现改善，炼厂可利用成品油出口配额获 利。 智通财经APP获悉，国信证券发布研报称，炼油化工板块在供给端存在政策限制及结构优化，需求端存 在SAF等新兴油品快速增长，成本端油价与OSP官价已调整至炼厂成本舒适区，成品油裂差中枢、化工 品芳烃PTA价差、硫磺价格率先启动，有望在中期维度带动炼厂盈利持续修复，重点推荐国内炼油、炼 化产能及技术领先企业。重点推荐中国石油(601857.SH)、荣盛石化(002493.SZ)、桐昆股份 (601233.SH)。 国信证券主要观点如下： 工信部印发石化化工行业稳增长方案，行业"减油增化"稳步推进 2025年9月，工业和信息化部等七部门印发《石化化工行业稳增长工作方案(2025 —2026年)》，提出了 石化化工行业稳增长的总体要求、主要目标、 ...

Core Viewpoint - The petrochemical sector is experiencing a positive trend, with the China Petrochemical Industry Index showing an increase, and significant inflows into the Petrochemical ETF, indicating strong investor interest and potential for growth [1][2]. Group 1: Market Performance - As of January 28, 2026, the China Petrochemical Industry Index rose by 0.54%, with key stocks like Zhejiang Longsheng hitting the daily limit up, and others such as China National Offshore Oil Corporation and Hubei Biopharma also seeing gains [1]. - The Petrochemical ETF (159731) increased by 0.39%, with a turnover rate of 4.34% during the trading session [1]. - Over the past 15 days, the Petrochemical ETF has attracted a total net inflow of 745 million yuan, reaching a record high of 1.018 billion shares and a total size of 1.045 billion yuan [1]. Group 2: Performance Metrics - The Petrochemical ETF has seen a net value increase of 62.39% over the past two years [1]. - The highest monthly return since inception was 15.86%, with the longest streak of consecutive monthly gains being 8 months and a maximum cumulative increase of 41.60% [1]. - The average monthly return during the rising months was 5.25%, and the ETF outperformed its benchmark with an annualized excess return of 2.35% over the past year [1]. Group 3: Industry Outlook - Tianfeng Securities indicates that a turning point in policy and capital expenditure is evident, with the concept of "anti-involution" suggesting improved profitability and healthier long-term development for the industry [1]. - The chemical industry is entering a strategic window, characterized by the exit of high-cost marginal capacity overseas and a restructuring of the global chemical order [1]. Group 4: Top Holdings - As of December 31, 2025, the top ten weighted stocks in the China Petrochemical Industry Index accounted for 56.73% of the index, including Wanhua Chemical, China Petroleum, and China Petrochemical among others [2].