中化新网讯 近日，来自阿根廷经济部的数据显示，2025年9月阿根廷非常规石油产量创下历史新高。9 月原油日均产量达83.3874万桶，较8月增长2%、较去年同期飙升14%，刷新日均产量纪录;当月总产量 2500万桶，较前一月的2530万桶小幅回落。 阿根廷经济部表示，来自阿根廷瓦卡穆埃尔塔页岩油气田的产量突破巩固了阿根廷南美第四大产油国地 位，仅次于巴西、委内瑞拉和圭亚那。油气产量增长已显著带动出口提升、贸易平衡改善及联邦财政增 收，为危机频发的阿根廷经济注入关键动能。 不过，与页岩油的亮眼表现形成反差的是天然气产量下滑。9月阿根廷全国天然气产量的49亿立方英 尺，环比降6%、同比降12%，主因页岩气产量大幅回落。除部分油井定期维护外，管道、存储等基础 设施短缺是更核心的制约，外界担忧此瓶颈或拖累后续产能增长。 此外，油气行业外资涌入势头已现。米莱总统通过激进经济改革取消严苛资本管制、大幅压低通胀，显 著降低投资门槛。业内预测，2025至2030年瓦卡穆埃尔塔投资将大幅增长，到2030年年末，阿根廷原油 日均产量有望突破100万桶。 阿根廷非常规石油产量增长完全由页岩油驱动：常规石油产量持续持平，非常规石油日 ...

Core Viewpoint - The article discusses the evolving dynamics of oil consumption and production, highlighting that while oil reserves are substantial, the rate of consumption is decreasing due to the rise of renewable energy sources. The predictions of oil depletion are increasingly seen as inaccurate as technology advances and energy transitions occur. Group 1: Oil Consumption and Production Dynamics - Global oil consumption is approximately 5 billion tons annually, equating to about 13.69 million tons per day, enough to fuel 150 million cars for over six months [1] - The notion of oil depletion has been a recurring theme since 1914, yet technological advancements have continually expanded the potential for oil extraction [3][5] - The introduction of hydraulic fracturing technology has significantly reduced extraction costs, allowing the U.S. to transition from a major oil importer to an exporter, increasing global oil availability by 10% [9] - Deep-sea drilling advancements have also contributed to increased oil reserves, with deep-sea oil fields expected to add 5 billion barrels of reserves in 2025 alone [11] Group 2: Shifts in Energy Consumption - The speed of oil consumption is slowing, with predictions indicating that global oil demand will peak by 2030 and subsequently decline [35] - In China, the consumption of refined oil is projected to decrease by 2.4% in 2024, marking the first significant decline, attributed to the rise of new energy vehicles [18] - The industrial sector is also transitioning away from oil, with many factories replacing diesel with electricity and natural gas, leading to a reduction of 50 million tons of oil consumption in the steel industry alone [20] Group 3: Future of Oil in Energy Structure - By 2050, oil's share in the global energy mix is expected to drop from 30% to below 10%, with its primary use shifting towards chemical production rather than as a fuel source [38] - The development of bio-based alternatives for plastics and chemicals may further diminish the role of oil, as advancements in renewable energy technologies continue [40] - The transition to clean energy is anticipated to enhance energy security and reduce environmental pollution, leading to a more sustainable future [46][50]

平昌县白衣镇平安3井钻井工程现场，钻机轰鸣，钻井工作加快推进。张书浩 摄 资源优势 ●巴中全域富气含油，矿权面积10149.5平方公里，占地域面积的82.5% ●天然气地质储量1.4万亿立方米，探明储量1461.16亿立方米 ●页岩油远景资源量约25亿吨，今年将预提交探明储量5000万吨 开发进程 ●今年全市计划勘探投资26.26亿元，1—10月完成投资16.92亿元、同比增长63.5% ●1—10月，全市油气井101口，较去年同期增加10口；新开钻井28口，较去年同期增加7口 11月12日，2025巴中油气发展大会召开，会上通报了巴中市油气进展，发布了"巴中油气化工产业发展机会清 单""巴中油气技术攻坚清单"，并进行了战略合作签约以及4个产业项目签约。 近年来，巴中将能源化工作为全市5大主导产业的首位产业，围绕"勘探开发增储上产、就地转化高效利用、 优质服务企地双赢"三个重点，开展油气大会战，引领推动巴中革命老区振兴发展示范市建设。 面对丰富的油气资源，巴中如何下好这盘棋，打造千亿级能源化工产业集群？ 资源优势明显，储量大且品质优越 油气，已成为巴中的优势资源。据了解，巴中全域富气含油，矿权面积10149. ...

中化新网讯 近日，美国多位油气行业市场人士表示，尽管美国特朗普政府放宽审批流程并撤销多项气 候及出口限制政策，但"多钻井"(Drill, baby, drill)并未成为美国页岩油领域的核心策略。多数生产商未新 增钻井，转而通过整合增效、激活已钻未完成井(DUC井)来扩产。原因在于，自特朗普1月就职以来， 美国基准油价已下跌约15%，成本压力倒逼行业转向保守。 对页岩油企业而言，特朗普的政策支持同样远不及油价影响力。"'多钻井'已彻底失败。"皮克林能源投 资官丹·皮克林指出，行业核心驱动力是经济效益，当前价位根本不支撑扩产。 尽管企业认可政府放松监管的举措，但贸易关税的不确定性及总统"压价要求"让行业不安。 市场人士称，当前，油气行业的监管环境堪称空前宽松：特朗普政府推翻拜登时期政策，重启联邦油气 租赁销售、开放阿拉斯加北极保护区钻井、解除液化天然气出口审批禁令。但60美元左右的油价现实， 让"多钻井"理念彻底失势。贝克休斯数据显示，当前钻井平台总数降至546座，较去年同期减少39座， 行业已显露停滞迹象。 "60美元是页岩油行业的临界点。"道达尔能源首席执行官(CEO)帕特里克·普瓦尼耶直言，此价位下新井 ...

近年来，巴中将能源化工作为全市5大主导产业的首位产业，围绕"勘探开发增储上产、就地转化高效利用、优质 服务企地双赢"三个重点，开展油气大会战，引领推动巴中革命老区振兴发展示范市建设。 □四川日报全媒体记者 陈秋吉 资源优势 ●巴中全域富气含油，矿权面积10149.5平方公里，占地域面积的82.5% ●天然气地质储量1.4万亿立方米，探明储量1461.16亿立方米 ●页岩油远景资源量约25亿吨，今年将预提交探明储量5000万吨 开发进程 ●今年全市计划勘探投资26.26亿元，1—10月完成投资16.92亿元、同比增长63.5% ●1—10月，全市油气井101口，较去年同期增加10口；新开钻井28口，较去年同期增加7口 11月12日，2025巴中油气发展大会召开，会上通报了巴中市油气进展，发布了"巴中油气化工产业发展机会清 单""巴中油气技术攻坚清单"，并进行了战略合作签约以及4个产业项目签约。 面对丰富的油气资源，巴中如何下好这盘棋，打造千亿级能源化工产业集群？ 资源优势明显，储量大且品质优越 11月11日，恩阳区登科街道的元陆179X井施工现场一片繁忙，继今年8月顺利完钻后，该井正紧锣密鼓开展固井 作业，为下 ...

11月9日，我国最大页岩油生产基地——长庆油田页岩油累计产量突破2000万吨，标志着我国陆相页岩 油迈入规模效益开发新阶段。据悉，长庆油田今年已完钻页岩油水平井144口，目前生产页岩油超过300 万吨，年内页岩油年产量将攀上350万吨，为立足国内保障油气能源安全注入强劲动力。 长庆油田开发的鄂尔多斯盆地页岩油，储层薄且非均质性强，埋藏于地下2000米以深地层，储层压力远 低于常规油藏，无法依靠自然能量驱动开发。储层渗透率仅为常规油田的千分之一，常规技术难以实现 有效开采。为此，长庆油田从2011年开始技术攻关，依托国家科技重大专项，先后开展12.8万次室内实 验，部署80余项现场开发试验，在页岩油勘探开发理论、技术、模式上相继取得重大突破，建成了全球 首个实现规模效益开发的陆相页岩油田。 2018年以来，长庆油田科研团队打破传统找油理念，历时3年探索实践，利用黄土塬三维地震储层预测 技术，给地下数千米深处的储层做"高精度CT"，形成并完善了"陆相淡水湖盆页岩层系源储共生富集成 藏理论"，成功破解陆相页岩"源储一体"的科学密码，探明了地质储量超10亿吨级的庆城大油田。 面对"采不出"的技术困境，长庆油田针对储层 ...

Market Overview - The A-share market is experiencing a narrow fluctuation pattern, with the Shanghai Composite Index barely holding above 4000 points due to insufficient buying interest [1] - Major stock indices show mixed performance, with a lack of clear upward momentum in the market. Defensive sectors are performing strongly as risk-averse sentiment rises [2] - The recent strong performance in the new energy sector has seen a notable pullback, particularly in the photovoltaic sector, with significant declines in stocks like Sungrow Power Supply, LONGi Green Energy, and TBEA [3] Liquidity and Investment Trends - Overall market liquidity remains loose, but there is a decline in risk appetite, with funds shifting from high-valuation tech sectors to lower-valuation, defensive sectors [4] - The China Securities Regulatory Commission (CSRC) emphasizes the stability and potential of the Chinese economy, indicating a commitment to deepening reforms in the capital market and enhancing the inclusiveness and adaptability of market systems [5] - The CSRC aims to promote long-term investments and improve the market ecosystem for long-term capital, which is expected to stabilize the market and reduce irrational short-term fluctuations [6][7] Industry Insights - A new round of price increases in hexafluorophosphate lithium is underway, with current spot prices exceeding 126,000 yuan, and procurement prices for secondary electrolyte companies nearing 150,000 yuan [8] - The demand for additives, particularly VC and FEC, has surged, with VC prices increasing over 40% since September and FEC prices approaching an 80% rise [8] - The storage market's explosive growth, driven by national policies promoting capacity pricing mechanisms, is significantly enhancing project profitability and stimulating investment [11][10] Key Companies and Materials - Key players in the electrolyte market include Tianqi Lithium, New Chemical Materials, and BYD, while core materials are supplied by Tianqi Lithium, DFD, and Tianji [12] - The demand for EC, a major solvent, is expected to tighten in 2026 due to the increasing use of additives in lithium batteries [8][9]

Core Viewpoint - Oil and gas stocks are experiencing a strong performance, with notable increases in share prices for companies such as Sinopec Oilfield Services and Shandong Molong, driven by significant developments in shale oil production in China [1] Group 1: Company Performance - Sinopec Oilfield Services (01033) saw an increase of 8.97%, trading at 0.85 HKD [1] - Shandong Molong (00568) rose by 7.33%, with shares priced at 4.39 HKD [1] Group 2: Industry Developments - China's largest shale oil production base, Changqing Oilfield, has achieved a cumulative production of over 20 million tons, marking a significant milestone in the country's "shale revolution" [1] - The Ministry of Natural Resources has indicated plans to accelerate the standardization of emerging and future industries during the 14th Five-Year Plan, focusing on deep-sea and deep-earth resources [1] - Several provinces are incorporating "deep earth economy" as a core direction in their respective 14th Five-Year Plans [1]

Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) has made significant strides in enhancing energy supply capabilities and achieving high-quality energy development during the 14th Five-Year Plan period, focusing on deep oil and gas exploration, production capacity expansion, and international cooperation [2][3][4]. Group 1: Energy Supply and Production Capacity - Sinopec has achieved record-high oil and gas production, with notable projects such as the revival of the Fuxing Oilfield, which has proven geological reserves of 20.1 million tons of oil and 12.352 billion cubic meters of natural gas [3]. - The company has strengthened its ability to develop difficult-to-extract reserves and improve recovery rates, leading to a steady increase in crude oil production and a significant rise in natural gas output during the 14th Five-Year Plan [4]. - Sinopec has enhanced its gas storage and regulation capabilities, commissioning 16 gas storage facilities and several LNG tanks over the past five years [4]. Group 2: International Cooperation and Market Expansion - Sinopec has actively participated in the Belt and Road Initiative, establishing oil and gas production bases in countries like Egypt, Angola, and Kazakhstan, and executing numerous exploration and engineering projects [5]. - The company has signed integrated cooperation agreements with Qatar Energy for the North Field expansion project, further solidifying its international partnerships [5]. Group 3: Green Energy Transition - Sinopec has accelerated the development of green energy sources, including hydrogen, solar, and geothermal energy, aiming to transform into a comprehensive energy service provider [6][7]. - The company has launched a large-scale green hydrogen demonstration project in Xinjiang, contributing to carbon reduction efforts [6]. - Sinopec has become the largest geothermal energy company in China, with a clean heating capacity exceeding 12 million square meters [7]. Group 4: Technological Innovation and Digitalization - Sinopec has focused on advancing key technologies and equipment for oil and gas exploration and development, achieving breakthroughs in deep earth exploration and shale oil production [9][10]. - The company has established an industrial IoT system covering all oil and gas fields, enhancing decision-making capabilities through digitalization [10]. - Sinopec's efforts in carbon capture, utilization, and storage (CCUS) technology have led to the successful operation of a million-ton CCUS demonstration project, integrating carbon capture with enhanced oil recovery [8].

中国石油长庆油田11月9日公开消息称，该油田页岩油累计产量突破2000万吨，标志着我国陆相页岩油 迈入规模效益开发新阶段。 长庆油田开发的鄂尔多斯盆地页岩油埋藏于地下2000米以深地层，储层压力远低于常规油藏，无法依靠 自然能量驱动开发，而且储层渗透率仅为常规油田的千分之一，常规技术难以实现有效开采。 面对"采不出"的技术困境，长庆油田明确"压裂造缝+精准补能"核心路径，通过压裂在致密储层中开辟 人工通道，高压注入能量载体激活油藏，搭建起高效开发的渗流通道。 通过一系列核心技术攻关，长庆油田不断提高页岩油采出程度。长庆油田自主研发可溶金属球座、多功 能压裂液等12项关键核心技术，实现技术自主可控；应用二氧化碳驱油绿色高效技术，驱动单井日产量 从1.5吨提升至18吨，整体技术达到国际先进水平。 长庆油田在鄂尔多斯盆地已建成国内重要的页岩油生产区，为我国页岩油资源规模化、效益化开发提供 了认识规律和实践经验。据介绍，长庆油田从页岩油技术攻关起步到累产1000万吨用了12年，而从1000 万吨攀升至2000万吨仅用了3年。（梁军） 责任编辑：江蓬新 ...