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U.S. Energy Secretary Wright: I will discuss with U.S. companies on Monday how to increase refinery capacity.

2026-08-17

U.S. Energy Secretary Wright: I will discuss with U.S. companies on Monday how to increase refinery capacity.

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2026-08-17

The National Development and Reform Commission and the National Energy Administration issued the Fifteenth Five‑Year Plan for oil and gas development, directing sustained development investment intensity to support new capacity and accelerate scale‑e

The National Development and Reform Commission and the National Energy Administration issued the Fifteenth Five‑Year Plan for oil and gas development, directing sustained development investment intensity to support new capacity and accelerate scale‑efficient exploitation of deep and ultra‑deep oil and gas. The plan prioritizes breakthroughs in unconventional resources, speeding reserves mobilization and development to achieve scale efficiencies in shale oil, shale gas and deep coalbed methane. It mandates a marine oil and gas enhancement program to lift marine output‑equivalent to the 100‑million‑tonne level, an old‑field stabilization program to sustain long‑term production at maturity fields such as Daqing and Shengli, and accelerated commissioning and production at new fields including Bayannur and Jilantai.
2026-08-17

Hong Kong stocks opened higher, with the Hang Seng Index up 0.74% and the Tech Index up 1.14%. Gold and chip stocks generally rose. SenseTime (00020.HK) jumped over 7%, and JD.com (09618.HK) rose over 3%.

Hong Kong stocks opened higher, with the Hang Seng Index up 0.74% and the Tech Index up 1.14%. Gold and chip stocks generally rose. SenseTime (00020.HK) jumped over 7%, and JD.com (09618.HK) rose over 3%.
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