Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) announced the addition of 124.588 billion cubic meters of proven geological reserves at the Yongchuan shale gas field, marking the emergence of another large-scale deep shale gas field in the Sichuan Basin with total proven geological reserves reaching 148.041 billion cubic meters [1] Group 1 - The Yongchuan shale gas field is located in Chongqing's Yongchuan District and was discovered in 2016, characterized by significant exploration challenges due to its depth exceeding 3,500 meters in a complex structural area [1] - Sinopec has implemented multiple rounds of collaborative efforts and innovative oil and gas exploration and reservoir transformation technologies to overcome issues related to deep shale gas exploration, significantly improving exploration accuracy and development efficiency [1] - The average economic recoverable reserves per well have notably increased, indicating enhanced productivity and efficiency in the field [1] Group 2 - Liu Wei, Secretary of the Party Committee of Sinopec Southwest Petroleum Bureau, stated that the shale gas distribution in the complex structural area of southern Sichuan is extensive with substantial resource potential, indicating a promising outlook for exploration and development [1] - The Yongchuan shale gas field is situated in the core area for increasing reserves and production of shale gas in southern Sichuan, which is of great significance for ensuring national energy security [1]

长江商报消息 ●长江商报记者 黄聪 中国海油（600938.SH、00883.HK）持续大举在海外拓展，践行"以投资者为本"理念。 8月8日，中国海油宣布，圭亚那Yellowtail项目已提前投产。 据介绍，Yellowtail项目位于圭亚那Stabroek区块，该项目投产后，Stabroek区块总产能将提升至90万桶/ 天。 数据显示，截至2024年底，中国海油海外油气资产占油气总资产44.2%，海外净证实储量和净产量占比 分别为36.9%和32.2%。 近年来，中国海油还积极与股东共享发展成果。三年，公司累计现金分红约1777亿元。 中国海油表示，公司将未来三年的股息支付率下限提高5个百分点，坚持每年两次分红，原则上均使用 现金分红方式，为股东提供具有竞争力的分红回报。 海外净证实储量占36.9% 我国海上首个高温高压低渗天然气开发项目投产，我国自主研发3000米级超深水海管应急回收装置投 用…… 连日来，中国海油不断传来喜讯，在国外拓展也获得好消息。8月8日，公司宣布，圭亚那Yellowtail项 目已提前投产。 据介绍，Yellowtail项目位于圭亚那Stabroek区块，水深1600米至2100米 ...

Group 1 - The core viewpoint of the news highlights that *ST Xinchao has a shareholder pledge ratio of 2.08% of its total share capital, ranking 1756th in the market [1] - The total number of shares pledged by *ST Xinchao's shareholders is 141 million, with a total pledged market value of 527 million yuan [1] - The company, Shandong Xinchao Energy Co., Ltd., specializes in the exploration, development, and sales of oil and natural gas, with its main products being oil and associated natural gas [1] Group 2 - In 2024, the company's U.S. subsidiary was recognized as the only awarded oil and gas company on the Houston Business Journal's list of the 50 fastest-growing companies [1] - The company also achieved notable rankings, including 15th in the Houston Chronicle's best private companies and 9th among the top 20 private oil operators in the U.S. by Oil and Gas Investors [1] - *ST Xinchao has established itself among the medium to large independent oil and gas development companies in the U.S. [1] Group 3 - Over the past year, *ST Xinchao's stock has increased by 113.14% [2]

资料显示，山东新潮能源股份有限公司的主营业务是石油和天然气的勘探、开发及销售。公司的主要产 品是石油及伴生天然气。2024年，美国子公司作为唯一获奖的油气公司，上榜《Houston Business Journal》年度增长最快50家企业名单；并获得《Houston Chronicle》最佳私营企业第15名，《Oil and Gas Investors》美国前20家私营石油作业者第9名，荣登德州铁路委员会"Railroad Commission of Texas"前30家最佳石油作业者。公司已跻身美国大中型独立油气开发公司之列。公司董事长为张钧昱， 总经理为张钧昱。 从股票走势来看，*ST新潮近一年上涨 124.58%。 来源：金融界 金融界消息，根据中登公司数据显示，截至上周最后一个交易日（8月1日），*ST新潮股东质押比例占 总股本2.87%，位居两市第1654位。 数据显示，*ST新潮股东共质押1.95亿股，分为4笔，其中无限售股1.95亿股，质押总市值7.85亿元。 ...

Core Viewpoint - The successful evaluation of the first phase of the Fuxing Oilfield's proven geological reserves marks the establishment of China's first shale oil field in the Sichuan Basin, indicating a significant breakthrough in the exploration of shale oil in Southwest China [1] Group 1: Oil and Gas Reserves - The Fuxing Oilfield has proven geological reserves of 10.1 million tons of oil and 12.352 billion cubic meters of natural gas [1] - The Sichuan Basin is characterized by "rich gas and scarce oil," with a historical focus on natural gas exploration and development [1] Group 2: Technological and Theoretical Advancements - The theoretical understanding and key technologies developed for the Fuxing Oilfield are expected to enhance China's shale oil and gas exploration and development theories, technologies, and standards [1] - The company aims to deepen the understanding of enrichment patterns and strengthen the overall evaluation and deployment of terrestrial shale oil in the Sichuan Basin [1] Group 3: Future Exploration Goals - The company plans to achieve new breakthroughs in exploration and establish a second shale oil reserve area in the near future [1]

7月31日，记者从中国石化新闻办获悉，由中国石化勘探分公司、江汉油田提交的复兴油田首期石油2010.06 万吨、天然气123.52亿立方米探明地质储量顺利通过自然资源部评审，标志着我国四川盆地首个页岩层系油田诞 生，这也是重庆市第一个油田，实现了我国西南地区页岩油"从无到有"的战略性突破，开辟了四川盆地页岩油气 勘探新领域和增储新阵地，对我国西南地区页岩油勘探开发具有重大战略意义。 中国石化复兴油田钻井现场 复兴油田位于重庆市境内，处于四川盆地东南缘。四川盆地总体具有"富气少油"特征，长期以来以天然气勘 探开发为主，而石油资源相对匮乏。2012年涪陵页岩气田发现后，中国石化联合高校、科研院所和国家重点实验 室平台，系统开展四川盆地页岩油气地质理论研究和关键技术攻关，最终2021年在复兴地区成功钻探泰页1井， 试获日产油58.9立方米、日产气7.35万立方米，取得四川盆地陆相页岩油气勘探的重大突破。 泰页1井突破后，中国石化勘探开发团队紧密结合、一体化推进，相继新部署了多口评价井和试验井组，不断 迭代深化勘探评价认识和工程工艺技术，大幅度提升了优质页岩地震预测精度，突破了陆相页岩体积压裂技术瓶 颈，完试的探井成 ...

Core Viewpoint - Hainan Mining's stock price decreased by 2.82% to 7.92 yuan as of July 31, 2025, with a trading volume of 291,008 shares and a transaction value of 231 million yuan [1] Company Overview - Hainan Mining primarily engages in the exploration, development, and sales of oil and natural gas, as well as the mining, processing, and sales of iron ore [1] - In 2024, 48.41% of the company's revenue was derived from oil and gas operations, while 37% came from iron ore activities [1] Financial Performance - In the first quarter of 2025, Hainan Mining reported a revenue of 1.189 billion yuan and a net profit of 160 million yuan [1] Share Buyback Activity - On July 31, Hainan Mining announced its first share buyback, acquiring 63,100 shares, which represents 0.03% of the total share capital, for approximately 500,000 yuan at a price range of 7.91 to 7.95 yuan per share [1]

Core Viewpoint - Beiken Energy announced the convening of its sixth board meeting on July 30, 2025, to review various proposals, including amendments to existing documents [2]. Financial Performance - For the year 2024, Beiken Energy's revenue composition is as follows: oil and gas exploration and development accounted for 98.84%, while other businesses contributed 1.16% [2].

Core Insights - The importance of data is increasingly recognized as the "oil" of the new era, with China National Petroleum Corporation (CNPC) launching a 300 billion parameter Kunlun large model, marking a significant advancement in the energy and chemical sector [1][3] - The Kunlun model has demonstrated substantial efficiency improvements, such as increasing seismic interpretation efficiency by 9 times and reducing exploration project cycles by over 20% [1] - CNPC is focusing on digitalization and intelligence as core strategies to build a world-class energy company, implementing a comprehensive plan for "Smart China National Petroleum" [1][4] Group 1: Digital Transformation in Oilfields - The Tarim Oilfield, China's largest ultra-deep oil and gas production base, has initiated a digital transformation pilot project in collaboration with Kunlun Smart, enhancing operational efficiency and decision-making capabilities [4][5] - The digital transformation at Tarim Oilfield integrates 25 production-related systems, significantly improving production assistance and emergency response efficiency [5][6] - The establishment of a standardization system and methodology during the digital transformation serves as a model for other oilfields, with real-time data integration achieving a 90% data entry rate [6] Group 2: Overcoming Data Silos - The complexity of refining processes necessitates overcoming data silos for successful digital transformation, which is being addressed through innovative technologies such as industrial internet and artificial intelligence [9][12] - CNPC has developed a unified data governance system to eliminate data silos, enabling seamless data flow across different systems and enhancing operational efficiency [12] Group 3: Innovations in Exploration and Development - The Kunlun large model has improved the accuracy of subsurface structure identification by at least 10 percentage points compared to traditional methods, covering over 100 scenarios in exploration and refining [13][15] - CNPC has developed proprietary industrial software, such as GeoEast and HiSim, to support exploration and production, filling gaps in domestic capabilities previously dominated by foreign technologies [15][17] Group 4: Talent Development and Future Strategies - CNPC is focusing on cultivating "smart talent" that combines technical and business expertise to adapt to the evolving demands of the industry [21] - The company is implementing AI-driven tools to facilitate data access and enhance operational efficiency, exemplified by the "Smart Inquiry" platform that provides quick data responses [21][22]

Core Insights - The third China International Supply Chain Promotion Expo (Chain Expo) opened in Beijing, featuring 651 participating companies from 75 countries and regions, with over 65% being Fortune Global 500 and industry leaders, and 35% being foreign exhibitors [2][4] Group 1: Event Overview - The Chain Expo includes six major chains: advanced manufacturing, clean energy, smart automotive, digital technology, healthy living, and green agriculture, along with supply chain service exhibition areas [2][4] - Over 100 new product launches are expected during the expo, representing a 10% increase from the previous year [4] Group 2: Innovations and Features - The expo introduced an innovation chain section showcasing 14 institutions and companies that demonstrate the entire process from basic research to market feedback [4] - The first global supply chain index matrix and visual industry maps were released during the expo, along with a dedicated new product launch area [4] Group 3: Networking and Collaboration - The Chain Expo serves as a platform for linking global industry partners, with previous editions facilitating collaborations among upstream and downstream companies [5] - The upgraded "Find Friends" model 3.0 version will utilize big data and AI algorithms for better matchmaking and cloud-based connections among enterprises [5] Group 4: Industry Perspectives - Executives from multinational companies highlighted the expo's role in promoting global supply chain stability, with China being recognized as a key stabilizer and innovation source in the global industrial landscape [6]