On June 13,2014,at the sixth meeting of the Central Leading Group for Financial and Economic Affairs,national leaders originally proposed the new energy security strategy“Four Revolutions,One Cooperation”(consumptio...On June 13,2014,at the sixth meeting of the Central Leading Group for Financial and Economic Affairs,national leaders originally proposed the new energy security strategy“Four Revolutions,One Cooperation”(consumption revolution,supply revolution,technological revolution and systemic revolution+international cooperation)from a strategic height of national development and security,which is referred to as the new energy security strategy.Over the past decade,under the guidance of the new energy security strategy,we have resolutely advanced the energy revolution,comprehensively promoted the transformation of energy consumption methods,built a diverse and clean energy supply system,played a leading role in scientific and technological innovation,fully deepened reforms of the energy system to unleash market vitality,comprehensively strengthened international cooperation in energy,further advanced the construction of a powerful energy nation,and further enhanced our capacity for security assurance,effectively supporting and servicing the healthy development of the economy and society.This article analyzes the impact of the new energy security strategy on China,the society,the people,and the world from both macro and micro levels,focusing on energy consumption,energy supply,energy technology,energy systems,and international energy cooperation.展开更多
Energy system revolution System revolution cannot be separated from reform.On July 18,the Third Plenary Session of the 20th CPC Central Committee reviewed and approved the Resolution of the Central Committee of the Co...Energy system revolution System revolution cannot be separated from reform.On July 18,the Third Plenary Session of the 20th CPC Central Committee reviewed and approved the Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform Comprehensively to Advance Chinese Modernization.展开更多
On November 9,2017,exactly one year after Donald Trump's victory over Hillary Clinton to become the new President of the United States(he won the election on November 9,2016),and also the second day of Trump's...On November 9,2017,exactly one year after Donald Trump's victory over Hillary Clinton to become the new President of the United States(he won the election on November 9,2016),and also the second day of Trump's first presidential trip to China,Chinese energy enterprises entered into huge energy cooperation contracts worth over USD 160 billion in total value with American enterprises in front of the presidents of the two countries。展开更多
In the past one and a half years,if one were to have sifted through the keywords of reports,comments,and studies on China’s economy and politics,the'One Belt,One Road'initiative(abbrev.as'OBOR'hereaft...In the past one and a half years,if one were to have sifted through the keywords of reports,comments,and studies on China’s economy and politics,the'One Belt,One Road'initiative(abbrev.as'OBOR'hereafter)must have been one of the most popular words.When展开更多
CNPC started oil and gas cooperation in Russia,Central Asia and the Middle East in as early as 1997.As a pioneer of oil&gas cooperation under China’s“Belt and Road”Initiative proposed in 2013,CNPC has been furt...CNPC started oil and gas cooperation in Russia,Central Asia and the Middle East in as early as 1997.As a pioneer of oil&gas cooperation under China’s“Belt and Road”Initiative proposed in 2013,CNPC has been further committed to the oil&gas markets in partner countries along the“Belt and Road”.CNPC has been deepening the exchanges and cooperation with stakeholders(e.g.governments and partners)in host countries,and accelerating the commissioning of major production capacity cooperation projects and the construction of transnational energy strategic channels in these regions.CNPC is considered as a preferred partner and a major investor and builder in oil and gas sector in partner countries.展开更多
It has long been extremely difficult to predict the rise and fall of international oil prices. There are a great many factors affecting oil prices. Even today, no institution or individual has yet been able to find a ...It has long been extremely difficult to predict the rise and fall of international oil prices. There are a great many factors affecting oil prices. Even today, no institution or individual has yet been able to find a mathematical model or formula to accurately predict oil prices. The unpredictability of oil prices has long been a展开更多
Recently, the energy security issues in China have once again raised the wide concern of industry insiders and senior Chinese Government leaders. The focus this time is on the security of oil and natural gas supplies....Recently, the energy security issues in China have once again raised the wide concern of industry insiders and senior Chinese Government leaders. The focus this time is on the security of oil and natural gas supplies. Taking 2017 as an example, China's crude oil consumption was nearly 600 million tons, with imports of more than 400 million tons and external crude oil dependence of nearly 70%; in the same year,China's natural gas consumption exceeded 240 billion m^3, with imports exceeding 90 billion m^3 and natural gas external dependence of nearly 40%. At first glance,展开更多
On May 16th,soon after the end of the Belt and Road Forum for International Cooperation,the Belt and Road Roundtable for Oil and Gas Cooperation,which was sponsored by CNPC,was held at the CNPC office building.More th...On May 16th,soon after the end of the Belt and Road Forum for International Cooperation,the Belt and Road Roundtable for Oil and Gas Cooperation,which was sponsored by CNPC,was held at the CNPC office building.More than 20 officials and executives from the National Energy Administration,the International Energy Agenc y,the national oil companies of resource countries,and renowned Chinese oil and gas enterprises and financial展开更多
Regarding the global oil and gas market in 2018,some people are optimistic, others are worried, and it is fair to describe the market as complex and volatile. In his speech at the annual meeting of the Beijing Energy ...Regarding the global oil and gas market in 2018,some people are optimistic, others are worried, and it is fair to describe the market as complex and volatile. In his speech at the annual meeting of the Beijing Energy Club in mid-December 2018, Mr. Zhang Guobao.展开更多
The Belt and Road Initiativeis a scheme for bolstering boththe connectivity and synergeticdevelopment between China and itsneighboring countries, and it wasput forward by the Communist Partyof China and Chinese leader...The Belt and Road Initiativeis a scheme for bolstering boththe connectivity and synergeticdevelopment between China and itsneighboring countries, and it wasput forward by the Communist Partyof China and Chinese leaders basedon new changes and new trendsin global political, economic, andstrategic patterns.展开更多
In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that...In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that marked significant gains for both CNPC’s operational and non-operational business,and the company also did excellent work in terms of international trading。展开更多
Within the reforms currently being undergone by state-owned companies,asset structure optimization is a'top priority'area.The main idea of asset structure optimization is that the state-owned oil enterprises,a...Within the reforms currently being undergone by state-owned companies,asset structure optimization is a'top priority'area.The main idea of asset structure optimization is that the state-owned oil enterprises,as the main bodies of market competition,adjust and optimize their regional layouts,business structures,asset structures,and shareholding structures within the whole group based on market transaction rules and international展开更多
In recent years,a number of major oil and gas discoveries have been made in east and west Africa,which has become the focus of international investors.Especially after the Ukraine crisis,the European Union strengthene...In recent years,a number of major oil and gas discoveries have been made in east and west Africa,which has become the focus of international investors.Especially after the Ukraine crisis,the European Union strengthened natural gas cooperation with African countries to replace natural gas imports from Russia,so the African natural gas exploration and development cooperation ushered in a period of opportunity.This will also play a huge role in promoting the industrialization of African countries.Sino-African energy cooperation enjoys a sound foundation.Although we still face various traditional and non-traditional risks and challenges,natural gas cooperation still has broad prospects.展开更多
The 41st CERAWeek was held in Houston from March 6th to 10th,2023.The theme of this CERAWeek was“Navigating a Turbulent World:Energy,Climate and Security”.This was the first grand conference held offline in three ye...The 41st CERAWeek was held in Houston from March 6th to 10th,2023.The theme of this CERAWeek was“Navigating a Turbulent World:Energy,Climate and Security”.This was the first grand conference held offline in three years.展开更多
On May 18-19,the inaugural China-Central Asia Summit was grandly held in the city of Xi’an.This event marked China’s first major home-field diplomatic activity in 2023;it was also the first physical summit between t...On May 18-19,the inaugural China-Central Asia Summit was grandly held in the city of Xi’an.This event marked China’s first major home-field diplomatic activity in 2023;it was also the first physical summit between the heads of China and five Central Asian countries since the establishment of diplomatic relations 31 years ago.展开更多
The 40th CERAWeek was held offline in Houston from March 7th to 11th,2022.The theme of this CERAWeek was“Pace of Change:Energy,Climate,and Innovation”.This was the first time CERAWeek had been held offline since the...The 40th CERAWeek was held offline in Houston from March 7th to 11th,2022.The theme of this CERAWeek was“Pace of Change:Energy,Climate,and Innovation”.This was the first time CERAWeek had been held offline since the outbreak of the COVID-19 pandemic.CERAWeek was forced to be canceled in 2020 and held online in 2021.CERAWeek 2022 consisted of 152 plenary sessions and various themed sessions,331“Innovation Agora”sessions,34 presentations,552 speakers,and over 6,000 attendees(a record number).The broader context for this CERAWeek was that the global energy industry is at a critical turning point,and it requires new thinking,innovation,and systemic transformation for the USD 90 trillion(GDP)world economy.The global situation is further complicated by geopolitical tensions and the prevalence of nationalism,intensified trade friction,stalled supply chains,sagging economies,and the COVID-19 pandemic.Global energy markets are facing unprecedented turbulence and uncertainty.展开更多
文摘On June 13,2014,at the sixth meeting of the Central Leading Group for Financial and Economic Affairs,national leaders originally proposed the new energy security strategy“Four Revolutions,One Cooperation”(consumption revolution,supply revolution,technological revolution and systemic revolution+international cooperation)from a strategic height of national development and security,which is referred to as the new energy security strategy.Over the past decade,under the guidance of the new energy security strategy,we have resolutely advanced the energy revolution,comprehensively promoted the transformation of energy consumption methods,built a diverse and clean energy supply system,played a leading role in scientific and technological innovation,fully deepened reforms of the energy system to unleash market vitality,comprehensively strengthened international cooperation in energy,further advanced the construction of a powerful energy nation,and further enhanced our capacity for security assurance,effectively supporting and servicing the healthy development of the economy and society.This article analyzes the impact of the new energy security strategy on China,the society,the people,and the world from both macro and micro levels,focusing on energy consumption,energy supply,energy technology,energy systems,and international energy cooperation.
文摘Energy system revolution System revolution cannot be separated from reform.On July 18,the Third Plenary Session of the 20th CPC Central Committee reviewed and approved the Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform Comprehensively to Advance Chinese Modernization.
文摘On November 9,2017,exactly one year after Donald Trump's victory over Hillary Clinton to become the new President of the United States(he won the election on November 9,2016),and also the second day of Trump's first presidential trip to China,Chinese energy enterprises entered into huge energy cooperation contracts worth over USD 160 billion in total value with American enterprises in front of the presidents of the two countries。
文摘In the past one and a half years,if one were to have sifted through the keywords of reports,comments,and studies on China’s economy and politics,the'One Belt,One Road'initiative(abbrev.as'OBOR'hereafter)must have been one of the most popular words.When
文摘CNPC started oil and gas cooperation in Russia,Central Asia and the Middle East in as early as 1997.As a pioneer of oil&gas cooperation under China’s“Belt and Road”Initiative proposed in 2013,CNPC has been further committed to the oil&gas markets in partner countries along the“Belt and Road”.CNPC has been deepening the exchanges and cooperation with stakeholders(e.g.governments and partners)in host countries,and accelerating the commissioning of major production capacity cooperation projects and the construction of transnational energy strategic channels in these regions.CNPC is considered as a preferred partner and a major investor and builder in oil and gas sector in partner countries.
文摘It has long been extremely difficult to predict the rise and fall of international oil prices. There are a great many factors affecting oil prices. Even today, no institution or individual has yet been able to find a mathematical model or formula to accurately predict oil prices. The unpredictability of oil prices has long been a
文摘Recently, the energy security issues in China have once again raised the wide concern of industry insiders and senior Chinese Government leaders. The focus this time is on the security of oil and natural gas supplies. Taking 2017 as an example, China's crude oil consumption was nearly 600 million tons, with imports of more than 400 million tons and external crude oil dependence of nearly 70%; in the same year,China's natural gas consumption exceeded 240 billion m^3, with imports exceeding 90 billion m^3 and natural gas external dependence of nearly 40%. At first glance,
文摘On May 16th,soon after the end of the Belt and Road Forum for International Cooperation,the Belt and Road Roundtable for Oil and Gas Cooperation,which was sponsored by CNPC,was held at the CNPC office building.More than 20 officials and executives from the National Energy Administration,the International Energy Agenc y,the national oil companies of resource countries,and renowned Chinese oil and gas enterprises and financial
文摘Regarding the global oil and gas market in 2018,some people are optimistic, others are worried, and it is fair to describe the market as complex and volatile. In his speech at the annual meeting of the Beijing Energy Club in mid-December 2018, Mr. Zhang Guobao.
文摘The Belt and Road Initiativeis a scheme for bolstering boththe connectivity and synergeticdevelopment between China and itsneighboring countries, and it wasput forward by the Communist Partyof China and Chinese leaders basedon new changes and new trendsin global political, economic, andstrategic patterns.
文摘In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that marked significant gains for both CNPC’s operational and non-operational business,and the company also did excellent work in terms of international trading。
文摘Within the reforms currently being undergone by state-owned companies,asset structure optimization is a'top priority'area.The main idea of asset structure optimization is that the state-owned oil enterprises,as the main bodies of market competition,adjust and optimize their regional layouts,business structures,asset structures,and shareholding structures within the whole group based on market transaction rules and international
文摘In recent years,a number of major oil and gas discoveries have been made in east and west Africa,which has become the focus of international investors.Especially after the Ukraine crisis,the European Union strengthened natural gas cooperation with African countries to replace natural gas imports from Russia,so the African natural gas exploration and development cooperation ushered in a period of opportunity.This will also play a huge role in promoting the industrialization of African countries.Sino-African energy cooperation enjoys a sound foundation.Although we still face various traditional and non-traditional risks and challenges,natural gas cooperation still has broad prospects.
文摘The 41st CERAWeek was held in Houston from March 6th to 10th,2023.The theme of this CERAWeek was“Navigating a Turbulent World:Energy,Climate and Security”.This was the first grand conference held offline in three years.
文摘On May 18-19,the inaugural China-Central Asia Summit was grandly held in the city of Xi’an.This event marked China’s first major home-field diplomatic activity in 2023;it was also the first physical summit between the heads of China and five Central Asian countries since the establishment of diplomatic relations 31 years ago.
文摘The 40th CERAWeek was held offline in Houston from March 7th to 11th,2022.The theme of this CERAWeek was“Pace of Change:Energy,Climate,and Innovation”.This was the first time CERAWeek had been held offline since the outbreak of the COVID-19 pandemic.CERAWeek was forced to be canceled in 2020 and held online in 2021.CERAWeek 2022 consisted of 152 plenary sessions and various themed sessions,331“Innovation Agora”sessions,34 presentations,552 speakers,and over 6,000 attendees(a record number).The broader context for this CERAWeek was that the global energy industry is at a critical turning point,and it requires new thinking,innovation,and systemic transformation for the USD 90 trillion(GDP)world economy.The global situation is further complicated by geopolitical tensions and the prevalence of nationalism,intensified trade friction,stalled supply chains,sagging economies,and the COVID-19 pandemic.Global energy markets are facing unprecedented turbulence and uncertainty.
