酷望基金刘刚认为，油气开采板块技术性反弹、持续性欠佳； 中国银河证券财富星首席投资顾问高乐认为，能源安全为纲，滞涨补涨题材； 金元证券首席投资顾问徐传豹认为，油气板块估值较低，短线有望补涨。 ...

来源：中国石化江汉油田 转自：北京日报客户端 中国石化江汉油田红星页岩气田1650.25亿立方米页岩气探明储量顺利通过自然资源部审定，标志我国 又一大型页岩气田正式诞生，进一步证明红星地区具有良好的资源潜力，成功开拓了页岩气战略增储新 阵地，对保障国家能源安全具有积极意义。 ...

要说清楚这事儿，得先看看印度为啥缩手了。主要是特朗普在背后施压，因为美印一直没谈成关税协议，特朗普就拿印度买俄油说事，从8月底开始要对印 度进口的俄油加征25%的"二级关税"。这税一加，印度炼油厂可受不了。 最近能源市场出了件挺有意思的事：印度不敢买俄罗斯石油了，中国炼油厂立马出手，以优惠价格拿下了上千万桶俄油。路透社说，咱们这个月已经买了15 批俄罗斯原油，每批70万到100万桶不等，这些油预计10到11月就能运到。这波操作，既是精明的生意，也藏着不小的战略考量。 莫迪政府现在两头为难：既不想在贸易协议上让步开放农业市场，又不想白白多交25%的税。所以从7月底开始，印度国有炼油厂就暂停买俄油了，现在手 里的订单最多只到9月份，之后就没着落了。而且俄罗斯给印度的折扣最近也收紧了，过去能享受到每桶3.25美元的优惠，现在少了不少，成本敏感的印度 炼油厂自然得重新算账。 印度一收手，中国炼油厂马上抓住机会。咱们主要买的是原本供应给印度的乌拉尔和瓦兰杰原油，这些油因为印度减少采购，俄罗斯正想找新买家。中国企 业趁机砍价，每桶比原来便宜了1美元，这可不是小数目——要知道乌拉尔原油最近价格在65美元左右，这1美元折扣就 ...

来源：市场资讯 （来源：海运经纪） 雪佛龙公司已发出自美国政府上月恢复其在该受制裁国家运营许可后的首批两船委内瑞拉原油。Mediterranean Voyager号与Canopus Voyager号上周 五载着哈马卡（Hamaca）和博斯坎（Boscan）重质原油离开委内瑞拉水域，分别驶向美国西海岸和得克萨斯州亚瑟港。 此举标志着今年早些时候被突然中断的贸易流初步重启——当时白宫撤销雪佛龙许可导致委内瑞拉出口骤降20%，令本已举步维艰的石油行业雪 上加霜。恢复的许可附带关键限制：委内瑞拉马杜罗政府不得获得收入，旨在平衡制裁执行与美国供应需求。 美国墨西哥湾炼油商仍青睐委内瑞拉重质原油，因其与专为加工墨西哥、加拿大同类原油设计的焦化装置兼容。随着墨西哥削减重油出口且加拿 大管道运输受限，雪佛龙的回归或缓解瓦莱罗能源公司（Valero Energy）等炼油商的原料焦虑——据报道该公司正就雪佛龙的供应协议进行谈 判。 从地缘政治角度看，恢复出口凸显美国能源安全关切可能压倒强硬制裁立场，尤其在国内炼油商面临原料失衡时。雪佛龙CEO迈克·沃斯（Mike Wirth）强调初始贸易量还比较小，但即便少量委内瑞拉原油也可能改 ...

新华财经北京8月21日电据国务院国有资产监督管理委员会网站21日消息，近日，国务院国资委党委书 记、主任张玉卓到中国石油、中国石化、中国海油调研。 （文章来源：新华财经） 张玉卓强调，要坚决贯彻党中央、国务院决策部署，持续提升能源供应能力，聚焦主责主业锻长补短， 加大国内油气勘探开发力度，积极参与国家战略储备体系建设，积极优化海外油气资源布局，拓宽能源 保供大通道，切实把能源的饭碗端得更牢更稳。要加大转型发展力度，增产高效油品和高附加值化工 品，构筑自主创新硬核能力，集中力量突破深水深层、新区新领域勘探及高端新材料开发等关键核心技 术，加快推进绿色能源转型，打造高端化工品及化工新材料产业链。要努力实现高质量的稳增长，科学 把握宏观经济形势、市场变化趋势、产业发展态势，坚持苦练内功，抓好降本增效，扩大有效投资，实 现有效益的投入、有利润的收入、有现金流的利润。要更大力度推动深化改革，高质量完成国有企业改 革深化提升行动任务，推动公司治理和市场化经营机制更加灵活高效，围绕发展新兴业务深化企业组织 形态变革，大力完善人才发展体制机制，不断优化穿透式监管、精细化管理、集团化管控。 ...

Core Insights - The State-owned Assets Supervision and Administration Commission (SASAC) emphasizes the need to enhance energy supply capabilities and focus on core responsibilities in the oil and gas sector [1] - There is a call for increased domestic oil and gas exploration and development efforts, as well as active participation in the national strategic reserve system [1] - The importance of optimizing overseas oil and gas resource allocation and expanding energy supply channels is highlighted [1] Industry Focus - The need for transformation in the energy sector is stressed, with a focus on increasing the production of efficient oil products and high-value-added chemical products [1] - The development of independent innovation capabilities is crucial, particularly in breakthrough technologies related to deepwater exploration, new areas, and high-end new materials [1] - Accelerating the transition to green energy and building a high-end chemical products and new materials industry chain is a priority [1]

Core Insights - The global oil market is undergoing significant changes, with China emerging as the only major buyer exempt from secondary tariffs on Russian oil, leading to a surge in low-priced Russian oil flowing to China [1][5][25] - The geopolitical landscape is shifting, with the U.S., India, and Russia's interests intertwining, indicating a new international trade order [1][5] Group 1: Oil Trade Dynamics - In Q1 2025, Russian oil exports to China via pipelines surged by 43% year-on-year, reaching an average of 750,000 barrels per day [3][19] - Following the U.S. implementation of secondary tariffs on Russian oil, India faced a significant increase in tariffs, leading to a drastic reduction in its Russian oil imports from 1.18 million barrels per day to less than 400,000 barrels per day [5][7] - China's daily imports of Urals crude oil from Russia approached 75,000 barrels in August, nearly double the amount earlier in the year, with several coastal refineries placing new orders [7][19] Group 2: Market Reactions and Implications - The price differential between Urals crude and Brent crude has widened, with the cost of Urals crude imported by China being over 15% lower than Brent prices [9][19] - Chinese refineries are rapidly expanding their profit margins and capturing market share in South Asia, the Middle East, and Europe due to the low prices of Russian oil [9][21] - The U.S. is cautious about imposing tariffs on China due to the deep economic interdependence between the two nations, which complicates the potential impact of sanctions [11][17] Group 3: Geopolitical Considerations - The U.S. secondary tariffs on India are seen as a warning against India's strategic autonomy in the global energy landscape, while the U.S. maintains a more restrained approach towards China [11][15] - The European Union has expressed concerns over potential reductions in Chinese refined oil exports, fearing a rise in energy prices [15][25] - The ongoing geopolitical tensions and energy market dynamics are reshaping global supply chains and trade patterns, with China gaining significant influence [21][25] Group 4: Future Outlook - China's oil imports are projected to reach a historical high of over 600 million tons in 2025, while India is diversifying its energy sources to reduce reliance on Russian oil [19][25] - The global energy market is entering a new phase of multi-dimensional competition, with any actions taken by major players likely to trigger chain reactions [15][25] - The evolving energy landscape reflects a balance of power shift, with China leveraging its position to reshape global energy pricing and supply chains [21][25]

值得注意的是，2023年初以来，俄罗斯对波兰的原油运输已经停止，而其余国家则依赖于该输油管南段的供应来获取石油。鸟瞰这场复杂的地缘政治博弈， 能源问题逐渐成为区域国家间纷争的重要根源。在这一背景下，任何关于能源供应的中断都可能引发更大范围的经济与政治后果。各国政府必须更加谨慎地 处理这些问题，以避免局势进一步升级，影响到各国的能源安全和经济稳定。 西雅尔多还向乌克兰的政府发出警告，他提到，乌克兰所需的大部分进口电力是通过匈牙利进行输送的。为了回应这一攻击，他甚至威胁若政权继续采取敌 对行动，将有可能切断向乌克兰的电力出口，显示出两国间紧张关系的升级。 "友谊"输油管起点位于阿尔梅季耶夫斯克，经过布良斯克后被划分为两段：北段通过白俄罗斯延伸至波兰，而南段则经过乌克兰，连接至匈牙利、斯洛伐克 以及捷克。这样的布局不仅关系到能源的流动，还影响到区域内的能源安全与互联互通。 据俄罗斯卫星通讯社的报道，匈牙利外交与对外经济部部长彼得·西雅尔多近期在Facebook社交平台上发布消息，指出由于乌克兰对"友谊"输油管发动了新 的袭击，导致向匈牙利输送的石油供应暂时中断。他的言辞中充满愤怒，明确表示："乌克兰再一次袭击了通往 ...

据报道，今天就聊聊王毅外长这趟印度之行，以及莫迪总理在关税问题上的强硬态度。王毅一下飞机就 放出个"大招"，直接跟印度外长苏杰生说，"中印得把对方当伙伴、当机会，别当成对手或威胁。"这话 乍一听挺平常，可背后的门道可深着呢。 咱先把时间线捋一捋。特朗普和普京刚结束那场备受瞩目的"特普会"，王毅访印的消息紧跟着就官宣 了。这可不是巧合。特朗普在会上主动释放缓和信号，甚至暂缓了对中国购买俄油加征关税的计划，可 转头就对印度下了狠手——宣布对印度商品加征25%关税，总税率直接飙到50%，创下历史新高。这一 松一紧的操作，把印度逼到了墙角。 莫迪这边正憋着股气呢。美国贸易代表团原定访印的行程突然取消，谈判无限期推迟。彭博社测算，这 波关税可能让印度对美出口骤降六成，GDP缩水近1%。这可正是莫迪力推"印度制造"的关键十年，关 税重压简直就是釜底抽薪。 在这种节骨眼上，王毅带着三个头衔来了：中共中央政治局委员、外交部长、中印边界问题中方特别代 表。这可不是简单的礼节性访问。三年来首次访印，还带着边界问题特别代表的身份，摆明了要在核心 议题上啃硬骨头。更值得琢磨的是，莫迪可能在8月底访华参加上合峰会，王毅此行就是给后续行 ...

Core Viewpoint - Food and energy security are crucial foundations of national security, with significant progress made in ensuring these areas during the "14th Five-Year Plan" period, including a record grain production and high self-sufficiency rates in staple foods and energy [1][2][5]. Food Security - Grain production has achieved "21 consecutive years of abundance," with per capita grain availability reaching 500 kg, surpassing the international safety line of 400 kg [2]. - The comprehensive production capacity of grain has been enhanced through strategies like "storing grain in the ground and technology," with over 1 billion mu of high-standard farmland established [2]. - Structural adjustments in grain planting have been made to ensure basic self-sufficiency in grains, with corn and soybean production increasing to alleviate reliance on imports [3]. Supply Chain Resilience - The resilience of the grain circulation supply chain has improved, with over 700 million tons of grain storage capacity established nationwide [4]. - The integration of quality grain projects has led to an increase in the supply rate of high-quality grain and oil products, meeting the upgraded consumption needs of the population [4]. Energy Security - Energy security has been strengthened, with primary energy production continuing to rise and maintaining an energy self-sufficiency rate above 80% [5]. - The total oil and gas production reached a historic high of over 400 million tons of oil equivalent, with significant contributions from offshore and shale oil and gas developments [6]. - The renewable energy sector has seen substantial growth, with installed capacity for renewable energy generation reaching 2.017 billion kilowatts, a 58% increase year-on-year [7]. Emergency Preparedness - The national reserve system has been enhanced, with nearly 7,000 grain emergency processing enterprises and a daily processing capacity exceeding 1.7 million tons [8]. - The establishment of a comprehensive emergency supply network has improved the efficiency of disaster response and resource allocation [9].