Core Viewpoint - The private enterprises in the oil and gas sector are experiencing unprecedented growth opportunities due to national policies and the strategic push for energy transformation, particularly in the southwestern region of China [1][3][4]. Policy Support - The southwestern region is rich in shale gas and natural gas resources, with proven shale gas reserves exceeding 1 trillion cubic meters in areas like Sichuan and Chongqing, making it a core area for the national energy strategy during the 14th Five-Year Plan [3]. - The government has relaxed market access for oil and gas exploration and development, encouraging private enterprises to participate in unconventional energy development, which presents significant business opportunities for private equipment and technology service companies [3][4]. Market Demand - The demand for natural gas in the southwestern region is rising, driven by the dual carbon goals, leading to rapid growth in oil and gas exploration, storage, refining, and environmental technology needs [4]. - Emerging fields such as energy-efficient equipment, smart oilfield technology, and carbon capture, utilization, and storage (CCUS) are becoming industry hotspots, where private enterprises are gaining a significant foothold due to their innovative capabilities [4][7]. Industry Cluster - A number of competitive private enterprises have emerged in the southwestern region, such as Sichuan Honghua, Jereh, and Tongwei Group, excelling in oil and gas equipment, new energy materials, and environmental technology [7]. - The construction of the Chengdu-Chongqing economic circle is further promoting collaborative development of the industry chain, providing broader market space for private enterprises [7]. Event Overview - The 2025 Chengdu International Petroleum and Chemical Technology Equipment Exhibition (cippe Chengdu) will be held from September 11 to 13, focusing on the rise of private enterprises and providing a high-end platform for government-business connections, technical exchanges, and trade cooperation [8][10]. - The exhibition will cover key areas such as shale gas development, refining upgrades, smart oilfields, and low-carbon technologies, facilitating direct engagement with major industry players [8][10]. - The event aims to promote deep cooperation among domestic and international oil and gas equipment manufacturers, technology service providers, and energy enterprises in the southwestern region, injecting new momentum into the green, intelligent, and efficient development of the oil and gas industry [14].