Core Viewpoint - The refining and chemical industry is facing multiple challenges such as the "dual carbon" goals and energy transition, with technological innovation being key to achieving sustainable development [2] Group 1: Industry Challenges and Trends - The refining industry must advance green and low-carbon transformation from three aspects: energy transition, resource utilization, and process optimization [3] - The industry is encouraged to reduce reliance on fossil fuels and construct a modern energy system dominated by renewable energy, complemented by nuclear and fossil fuels [2][3] - Carbon capture, utilization, and storage (CCUS) is identified as a major pathway for large-scale low-carbon utilization of fossil energy, necessitating the development of a low-cost, low-energy, and reliable CCUS technology system [2] Group 2: Technological Innovations - Oil molecular engineering is highlighted as a significant technological solution for optimizing the oil processing process, supporting the development of low-carbon smart refining [2] - The industry should focus on enhancing energy efficiency and reducing energy consumption per unit product through technological advancements [2][3] - Electrification, process re-engineering, digital intelligence, and efficient separation are identified as key areas for process optimization [3] Group 3: Market Dynamics and Strategies - In the context of oversupply in chemical products, low-cost refining and the development of high-value products are crucial for the survival and growth of refining enterprises [3] - The introduction of low-carbon and negative-carbon raw materials, along with flexible refining techniques, is essential for achieving low-cost refining [3] - The resilience and flexibility of the industrial chain should be enhanced, with attention to intermediate products that can potentially become high-value products [3]