Financial Performance - The company reported a revenue of 312.503 billion yuan for the first three quarters of 2025, a year-on-year decrease of 4.1% [2][5] - The net profit attributable to shareholders was 101.971 billion yuan, down 12.6% year-on-year [2][5] - In Q3 alone, revenue increased by 5.7% year-on-year to 104.895 billion yuan, but net profit fell by 12.2% to 32.438 billion yuan [2][5] - The decline in profit is primarily attributed to a significant drop in international oil prices, with the average Brent crude oil futures price at 69.91 USD per barrel, down 14.6% year-on-year [5] - Operating cash flow remained strong at 171.749 billion yuan, despite a 6.0% year-on-year decline [5] Production and Business Highlights - The company's oil and gas net production increased by 6.7% year-on-year to 578.3 million barrels of oil equivalent [2][6] - Domestic production grew by 8.6% to 400.8 million barrels of oil equivalent, driven by new projects [6] - Natural gas production saw an 11.6% increase, with sales revenue rising by 15.2% year-on-year, providing a buffer against declining oil prices [6] Cost Control and Capital Expenditure - The average cost per barrel of oil decreased to 27.35 USD, down 2.8% year-on-year, indicating strong cost competitiveness [7] - Capital expenditure was 86.034 billion yuan, a reduction of 9.8% year-on-year, reflecting adjustments in project work [7] Strategic Developments - The company made five new discoveries and assessed 22 oil and gas structures in the first three quarters, enhancing its resource base [8] - A total of 14 new projects were launched, with significant contributions from key projects like "Deep Sea No. 1 Phase II" and "Bohai Zhong 19-2" [8] Asset and Liability Structure - Total assets reached 1.13 trillion yuan, a 6.6% increase from the beginning of the year, with cash reserves rising to 242.029 billion yuan [3][9] - The company has a low short-term debt pressure, with a debt-to-asset ratio of approximately 30% [9] Future Outlook - The company's performance is highly sensitive to international oil price fluctuations, with potential profit recovery linked to oil price increases [10][11] - The expansion of the natural gas business and progress in overseas projects are expected to be key growth drivers [11][12] - Ongoing adjustments in capital expenditure and cost control will be critical for future performance [12][13]

格隆汇10月30日丨中国海洋石油(00883.HK)发布公告，2025年前三季度，公司实现油气销售收入约人民 币2,554.8亿元，同比下降5.9% ，主要原因是实现油价下降。归属于母公司股东的净利润达人民币 1,019.7亿元，同比下降12.6%。前三季度，公司的平均实现油价为68.29美元╱桶，同比下降13.6%；平 均实现气价为7.86美元╱千立方英尺，同比上升1.0%。桶油主要成本管控良好，前三季度桶油主要成本 为27.35美元，同比下降2.8%。2025年前三季度，公司资本支出约人民币860亿元，同比减少9.8% ，主 要原因是在建项目工作量同比有所降低。本报告期内，公司健康安全环保表现平稳。 2025年前三季度，公司油气净产量达578.3百万桶油当量，同比上升6.7% ，其中天然气涨幅达11.6%。 中国净产量达400.8百万桶油当量，同比上升8.6% ，主要得益于深海一号二期和渤中19-2等油气田的产 量贡献；海外净产量177.4百万桶油当量，同比上升2.6% ，主要得益于巴西Mero3等项目带来的产量贡 献。第三季度，公司油气净产量达193.7百万桶油当量，同比上升7.9%。 ...

Core Points - The oil and gas extraction sector experienced a decline of 0.57% on October 30, with Intercontinental Oil and Gas leading the drop [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Sector Performance - The following companies in the oil and gas extraction sector showed varying performance: - *ST Xinchao (600777) closed at 4.22 with no change [1] - Yutong (600938) closed at 27.01, down 0.52% [1] - Blue Flame Holdings (000968) closed at 7.24, down 0.69% [1] - Intercontinental Oil and Gas (600759) closed at 2.35, down 2.49% [1] Capital Flow - The oil and gas extraction sector saw a net outflow of 134 million yuan from main funds, while retail investors contributed a net inflow of 70.62 million yuan [1] - The capital flow for individual stocks in the sector is as follows: - Blue Flame Holdings (000968) had a main fund net inflow of 1.7235 million yuan [2] - *ST Xinchao (600777) experienced a main fund net outflow of 7.4576 million yuan [2] - Intercontinental Oil and Gas (600759) faced a main fund net outflow of 65.3265 million yuan [2]

29日，新中国第一个大油田——位于准噶尔盆地的中国石油新疆油田迎来勘探开发70周年。统计显示， 70年来，新疆油田累计为国家生产原油4.7亿吨、天然气1121亿立方米，为保障国家能源安全 加"油"增"气"。 绿色低碳转型全面加速。当前，新疆油田正加快建设264万千瓦新能源及配套煤电、碳捕集一体化项 目；光伏发电累计超5.2亿千瓦时，"油气热电氢"综合性能源公司加快建设。 新疆油田总部位于新疆克拉玛依市。1955年10月29日，克拉玛依一号井喷出工业油流，宣告了新中国第 一个大油田——克拉玛依油田（新疆油田前身）诞生。历经70年积淀，新疆油田先后开发建成油气田37 个，原油产量连续24年稳产千万吨以上，建成20座绿色矿山。 近年来，新疆油田围绕"稳油、增气、强新、降碳"综合性发展目标，坚持"做强油气优势主业、做大新 兴能源产业"两条主线，锚定高质量发展目标奋力前行。 油气勘探继续向深层、非常规领域拓展。准噶尔盆地南缘天然气、吉木萨尔页岩油、玛湖油田扩边、二 氧化碳气藏勘探等领域接连取得新发现。2024年，新疆油田生产原油1486万吨、天然气45.1亿立方米， 建成年产百万吨级陆相页岩油示范区。 与此同时，新疆油 ...

中新社新疆克拉玛依10月29日电(苟继鹏)记者29日从中国石油新疆油田分公司(下称"新疆油田")获悉， 新疆油田70年来累计生产原油4.7亿吨、天然气1121亿立方米。 新疆油田还加强储气调峰设施建设，呼图壁储气库工作气量达到45亿立方米，日采气量最高超3500万立 方米，有力保障了西气东输管道稳定运行和新疆北部地区冬季供气安全。(完) 当日，新疆油田迎来勘探开发70周年。1955年10月29日，克拉玛依一号井喷出工业油流，新中国第一个 大油田——克拉玛依油田(新疆油田前身)诞生。70年来，新疆油田先后开发建成油气田37个，原油产量 连续24年稳产千万吨以上。 （文章来源：中国新闻网） 近年来，新疆油田围绕"稳油、增气、强新、降碳"综合性发展目标，坚持"做强油气优势主业、做大新 兴能源产业"两条主线，锚定高质量发展目标奋力前行。 一方面，油气勘探继续向深层、非常规领域拓展。准噶尔盆地南缘天然气、吉木萨尔页岩油、玛湖油田 扩边、二氧化碳气藏勘探等领域接连取得新发现。截至10月29日，中国首个国家级陆相页岩油示范区 ——新疆吉木萨尔页岩油示范区今年产量突破150万吨，创历史同期最高水平。 另一方面，绿色低碳转型全 ...

Core Viewpoint - The integration of AI into the marine economy is rapidly advancing, with significant applications showcased at the 2025 China Marine Economy Expo in Shenzhen, highlighting the transformation of traditional industries through AI technologies [1][2]. Group 1: AI Applications in Marine Industry - Leading marine enterprises such as China Merchants, China Mobile, and China Unicom are demonstrating the latest AI applications, including autonomous vehicles and advanced shipping models, which enhance operational efficiency and safety [1][3]. - The "Shipping GPT" and "Fishing Book" models are examples of how AI is reshaping high-risk industries, while the "Sea Aster No. 1" has proven its effectiveness in disaster scenarios, avoiding production losses of 199,000 tons and reducing shutdown losses by over 1.5 billion yuan [1][16]. Group 2: Policy and Strategic Initiatives - Various regions are promoting "AI + Marine" initiatives, with Zhejiang Province aiming to establish over ten landmark applications by 2027, and Shenzhen releasing multiple industry application scenarios covering marine law enforcement and deep-sea resource development [1][8]. - The establishment of the "Marine AI Big Model Industry Alliance" in Qingdao, with Huawei as a leading member, signifies a collaborative effort to advance AI in marine applications [1][8]. Group 3: Smart Port Developments - The Shenzhen Mawan Port has transformed into the first 5G smart port in the Guangdong-Hong Kong-Macao Greater Bay Area, utilizing AI for automated operations, which increases efficiency by 20% compared to manual operations [3][4]. - The upcoming Yantian Port East Operation Area, set to open in 2026, will implement AI technologies for remote control and intelligent digital management, aiming for an annual throughput of 3 million TEUs [6]. Group 4: Telecommunications and AI Integration - Major telecommunications companies are prioritizing AI, with China Mobile reporting direct AI-related revenues in the tens of billions, and China Unicom forming a "Smart Ocean Corps" to leverage AI and 5G capabilities [8][9]. - AI applications in marine environments include the "Fishing Book" for smart aquaculture and the "Yue Shui An" platform for maritime safety, showcasing the potential for AI to address traditional challenges in the marine sector [9][11]. Group 5: Deep-Sea Engineering Innovations - China's deep-sea engineering projects, such as the "Sea Aster No. 1" and "Ocean Oil 119," utilize advanced technologies like digital twins and AI algorithms to enhance operational efficiency and safety in extreme conditions [12][15]. - These projects have demonstrated resilience against severe weather, with the ability to avoid significant production losses during typhoons, showcasing the effectiveness of integrated digital technologies in deep-sea operations [16][17].

Core Insights - The Tarim Oilfield has successfully implemented a total of 17 "solar thermal + energy storage" heating furnace systems, achieving zero carbon emissions for oil and gas heating by supplying clean thermal energy equivalent to replacing 100 tons of standard coal per well annually [1][2] - The oilfield has developed a solar thermal project cluster with a total installed capacity of 15.66 megawatts, consisting of 10 distributed solar thermal projects and 2 centralized trough solar thermal projects [1] - The Tarim Oilfield aims to establish a clean, low-carbon, safe, and efficient new energy system, with plans to achieve a clean thermal power installed capacity of 128 megawatts by the end of the 14th Five-Year Plan, reducing energy consumption intensity by over 40% year-on-year [2] Summary by Sections - **Solar Thermal Heating Implementation** - The Tarim Oilfield has launched the operation of solar thermal heating furnaces, which provide clean thermal energy for oil and gas production, effectively replacing fossil fuel dependency [1][2] - **Energy Production and Environmental Impact** - The solar thermal project cluster produces clean energy equivalent to replacing 2,047 tons of standard coal annually, which translates to 154 million cubic meters of alternative fuel gas and a reduction of over 3,300 tons of carbon dioxide emissions [2] - **Future Development Plans** - The company is accelerating the construction of a new energy base in the Gobi Desert, focusing on integrating oil and gas with renewable energy, and aims to enhance its clean energy capacity significantly in the coming years [1][2]

Core Insights - The oil and gas extraction sector increased by 0.6% compared to the previous trading day, with *ST Xinchao leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Sector Performance - The following stocks in the oil and gas extraction sector showed notable price movements: - *ST Xinchao (600777) closed at 4.22, up 2.18% with a trading volume of 275,600 shares and a transaction value of 116 million yuan [1] - Intercontinental Oil and Gas (600759) closed at 2.41, up 2.12% with a trading volume of 2,068,900 shares and a transaction value of 495 million yuan [1] - China National Offshore Oil Corporation (600938) closed at 27.15, down 0.04% with a trading volume of 263,200 shares and a transaction value of 71.5 million yuan [1] - Blue Flame Holdings (000968) closed at 7.29, down 0.14% with a trading volume of 144,500 shares and a transaction value of 105 million yuan [1] Capital Flow Analysis - The oil and gas extraction sector experienced a net outflow of 5.78 million yuan from institutional investors and 18.82 million yuan from speculative funds, while retail investors saw a net inflow of 24.61 million yuan [1] - Detailed capital flow for specific stocks includes: - Intercontinental Oil and Gas (600759) had a net inflow of 44.26 million yuan from institutional investors, but a net outflow of 11.52 million yuan from speculative funds and 32.75 million yuan from retail investors [2] - *ST Xinchao (600777) had a net inflow of 5.61 million yuan from institutional investors, with outflows from both speculative and retail investors [2] - China National Offshore Oil Corporation (600938) faced a significant net outflow of 56.14 million yuan from institutional investors, while retail investors contributed a net inflow of 59.41 million yuan [2]

天然气开发方面，内蒙古坚持"提质增效"，今年以来推动苏里格气田、大牛地气田、东胜气田持续高效 开发，分别生产天然气218.5亿立方米、8.4亿立方米、12.5亿立方米，产能实现接续、平稳、高效释 放。前三季度，内蒙古超六成的天然气输送至"京津冀"等地区。（侯倩） 据内蒙古自治区能源局消息，今年前三季度，全区生产原油250万吨，同比增长4.2%，生产天然气239.4 亿立方米，同比持平，油气产量实现稳中有升。 今年以来，内蒙古原油开发坚持"老油田稳产、新区块上产"，推动二连油田、海拉尔油田等老油田稳 产，鼓励支持企业采用先进生产技术有效实施"控递减"，充分挖掘二连盆地、海拉尔盆地原油生产潜 力，同时，加快推动巴彦油田勘探开发步伐，努力实现产能接替，今年前三季度巴彦油田生产原油90.3 万吨，同比增长20%，形成"以稳促增、以新补老"的良性发展格局。 （文章来源：新华财经） ...

10月16日，记者从中国海油了解到，国家海上油气应急救援海南基地暨中国海油井控应急救援海南 基地在海南省澄迈县正式启用，标志着我国国家级深水油气应急救援基地正式投入使用，我国南部海域 海上油气应急救援响应时间大幅缩短，海上应急救援体系建设取得重大进展。 此次投入运行的海南基地由应急管理部、海南省人民政府和中国海油三方联合建设，总占地面积超 过11000平方米，配套应急车间和实训演练场，装备我国首套自主研制的3000米级水下应急封井装置和 水下溢油回收系统，具备快速封井、高效回收溢油能力，并与园区内已经建成的船用码头、智能仓储中 心、深海深层能源工程重点实验室等共享基础设施和交通运输资源。 "海南基地建成投用前，国内深水油气井控应急救援，基本就只能依靠外援。"国家海上油气应急救 援海南队大队长陈浩东介绍，国际资源从最近的井控应急基地出发，综合考虑海运条件和天气因素，一 般响应时间约为30天；现在启用的国内应急力量在48小时内就能抵达我国南部海域相关海区。 海南基地的启用，可与国家海上油气应急救援渤海（天津）基地形成"南北呼应、深浅结合、全域 覆盖"的海上油气应急救援格局。 ...