The National Development and Reform Commission and National Energy Administration issued the "15th Five-Year Plan for Petroleum and Natural Gas Development", directing technology R&D across infrastructure and end‑use. Infrastructure priorities include intelligent pipeline construction and inspection, pipeline-network simulation and operational optimization, and smart design/control and digital-twin tech for pipelines and stations to accelerate industry digitalization. The plan mandates R&D on hi

2026-08-17

The National Development and Reform Commission and National Energy Administration issued the "15th Five-Year Plan for Petroleum and Natural Gas Development", directing technology R&D across infrastructure and end‑use. Infrastructure priorities include intelligent pipeline construction and inspection, pipeline-network simulation and operational optimization, and smart design/control and digital-twin tech for pipelines and stations to accelerate industry digitalization. The plan mandates R&D on high‑pressure pure‑hydrogen pipeline materials and safe transport, large‑scale hydrogen blending and repurposing of pipelines for hydrogen, aquifer gas storage and deep underground hydrogen storage, multi‑medium transport (methanol, liquid ammonia) and CCS/CCUS. End‑use priorities include accelerating domestic heavy gas-turbine production, improving in-service gas-turbine maintenance technology, developing high‑efficiency low‑emission vehicle and marine gas engines and high-end gas wall‑hung boilers for localization, and researching optimized, green low‑carbon refinery–petrochemical integration.

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2026-08-17

At Geely Auto's 2026 mid-year results briefing on the 17th, vice chairman Gui Shengyue said the large-scale management reshuffle is a strategic organizational evolution. He characterised Li Shufu stepping down as board chairman and An Conghui's succession as a de-familyisation move that shifts Geely from a founder-driven growth phase to institution- and team-driven governance, reducing reliance on individual authority, strengthening organisational systems and talent pipelines, and increasing tra

2026-08-17

巴克萊銀行:將墨菲石油(MUR.N)目標價從38美元下調至34美元。將雪佛龍(CVX.N)目標價從216美元下調至208美元。將康菲石油(COP.N)目標價從155美元下調至150美元。將西方石油(OXY.N)目標價從75美元下調至71美元。