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Since 2015, how to reduce the cost with high efficiency for a better market becomes a key issue for petroleum industry to meet the challenge of low oil price as the oil market demand is reducing and natural gas producing-marketing conflict is increasing. The whole industry is pondering how to occupy the low-cost and technology advantages to promote the core competence by reducing cost.
Challenge also brings opportunities. In order to......

Expert Comments

Fu Chengyu

The ongoing challenges presented by the low oil prices make people pay more attention to the developing of petroleum industry. Under this situation, how will the petroleum industry be developed in the future?

-- Fu Chengyu, Member of the Standing Committee of the CPPCC National Committee, Former Chairman and Secretary of the Party Leadership Group of Sinopec Group, spot in the 9th cippe Summit

Zhai Guangming

Through this forum, I would like to further call for you to encourage us to find more Natural Gas in North China and solve the hazy weather in North China.

-- Zhai Guangming, Academician of Chinese Academy of Engineering, spot in the 7th cippe Summit

Gao Deli

Nowadays, the development of the worldwide energy has entered into a new node, and the developing speed is amazing from wood to coal, to petroleum and now to the gaseous energy, to low carbon, to green and non-chemical energy coal, and now we are focus on gaseous energy.

-- Gao Deli, Academician of Chinese Academy of Sciences, spot in the 9th cippe Summit

Guo Jiaofeng

China to achieve Energy Internet or Internet Energy or ‘Internet Plus’ or ‘Intelligent-painted’ Oilfield, are inseparable from institutional revolution. China should build a institution that is suitable for the development of Oil and Gas Technology.

-- Guo Jiaofeng, Vice Director of Institute for Resources and Environmental Policy of the Development Research Center of the State Council, spot in the 7th cippe Summit
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