[Exploration of high-yield volcanic rock wells in Bohai Sea] On November 12, 2026, China National Offshore Oil Corporation (CNOOC) announced that China has discovered a high-yield volcanic oil and gas well through drilling in ultra deep formations over 5000 meters in the Bohai Sea, marking a breakthrough in China's offshore exploration of ultra deep natural gas. The well is located in the central waters of the Bohai Sea, adjacent to the largest hydrocarbon rich depression in the Bohai Sea - the Bozhong Depression. The operation team has encountered over 120 meters of natural gas reservoirs in volcanic rock formations, with a total drilling depth of 5770 meters. After testing, the well produces approximately 800000 cubic meters of natural gas per day.Editor/Gong Ziwei

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• 2026.11.13 10:34
• [Chinese Enterprises Debut at the 42nd Abu Dhabi International Petroleum Exhibition]
• The 42nd Abu Dhabi International Petroleum Exhibition was held in Abu Dhabi, attracting 2260 companies from over 170 countries and regions worldwide, with energy security and green transformation becoming the focus. Multiple Chinese companies showcased digital and low-carbon oil and gas technology equipment and signed cooperation agreements on site. China Arab energy cooperation continues to extend to the industrial chain, giving consideration to local talent training, and helping to jointly build the the Belt and Road and global energy security.Editor/Gong Ziwei

• 2026.11.13 10:29
• [CNPC signs strategic cooperation agreement with China Datang Corporation]
• On November 11, 2026, China National Petroleum Corporation and China Datang Corporation signed a strategic cooperation agreement in Beijing. Both sides will strengthen communication and docking, leverage their respective advantages, deepen practical cooperation in fields such as electricity, natural gas, and new energy, focus on improving the resilience and safety level of industrial and supply chains, accelerate the construction of a new energy system, and work together to make new and greater contributions to building an energy powerhouse.Editor/Gong Ziwei