Core Viewpoint - Oilfield companies are facing increasing pressure to transition towards renewable energy sources due to stricter carbon constraints and the need for sustainable development, especially in aging oilfields that struggle with resource replacement and rising extraction costs [1] Group 1: Energy Transition Strategies - The "14th Five-Year Plan" has seen oilfield companies actively promoting renewable energy development and exploring the integration of renewable energy with oil and gas production, showing initial results in scale and effectiveness [1] - The upcoming "15th Five-Year Plan" will require oilfield companies to focus on achieving large-scale and efficient development while deepening the integration of renewable energy with oil and gas production [1] Group 2: Research and Development Initiatives - Companies should enhance research on green energy alternatives, particularly in electrification of energy use, exploring methods such as electric heating in oilfields and utilizing green electricity for oil production and transportation [2] - There is a focus on green heat alternatives, including the use of green electricity for heating in various production scenarios, and the potential for repurposing abandoned wells for geothermal energy [2] Group 3: Market Expansion and Collaboration - Companies are encouraged to expand their market presence by supplying green energy to surrounding mining areas and exploring green electricity trading opportunities [3] - Collaborations with large domestic energy companies are essential for developing external renewable energy markets, while also seeking local government support for land and tax policies [3] Group 4: New Business Development - Companies should explore emerging business opportunities such as energy storage solutions to address the intermittency of renewable energy generation and investigate hydrogen applications in drilling and underground operations [4] - Engaging in green certificate trading and carbon quota pledging can help convert ecological value into economic benefits [4]