China Oil Engineering 2026 First Quarter Report

SZSIApr 25 00:00 · Announcements

Central Asia's onshore gas offsets the Persian Gulf's offshore gas as CNPC Engineering secures a $4.6 billion bid for a natural gas project in Turkmenistan | Quick Read Announcement

①China Petroleum Engineering Corporation has signed a project order worth $4.6 billion in Turkmenistan, surpassing the total overseas revenue for 2025; ②The Phase I of the Galkynysh Gas Field and Phase II of the Right Bank of Amu Darya River project, both undertaken by China National Petroleum Corporation, have been successively completed and put into operation. Currently, through the A, B, and C natural gas pipelines running from Turkmenistan to Uzbekistan, Kazakhstan, and China, Turkmenistan supplies China with approximately 40 billion cubic meters of natural gas annually.

cls.cnApr 24 23:02

Express News | CNPC Engineering: Q1 net profit increased by 8.43% year-on-year.

BreakingsApr 24 19:13

Warnings of continuously rising oil prices have emerged, but why has the U.S. stock market remained unfazed?

Oil prices have experienced significant volatility due to the situation in Iran, yet US equities have defied the trend by reaching new record highs—this rare 'decoupling' phenomenon is underpinned by a strong earnings season and option structures that have created a 'paper prosperity.' However, market breadth has narrowed to its lowest level since the dot-com bubble, with the VIX climbing back above 20. The entire rally is based on the single assumption that 'conflicts will eventually be resolved.' Should a ceasefire collapse, this sandcastle will crumble.

wallstreetcnApr 23 14:27

Express News | CNPC Engineering: New contracts signed in the first quarter of 2026 amount to 31.672 billion yuan.

BreakingsApr 22 15:35

Stocks in China's A-share market showed unusual movements as oil and gas shares collectively declined, with Shouhua Gas and Zhongman Petroleum dropping more than 4%. The easing of tensions in Iran is expected to push oil prices lower.

Gelonghui, April 15 | The oil and gas stocks in the A-share market collectively fell. Among them, QianNeng Hengxin and LanYan Holdings dropped by over 5%, while Shouhua Gas, Zhongman Petroleum, and Intercontinental Gasoline fell more than 4%. Kelili Shares, Bomay Technology, PetroChina Oilfield Services, Guanghui Energy, China National Offshore Oil Corporation, Tongyuan Petroleum, Beiken Energy, and Taishan Petroleum fell more than 3%. China Oilfield Services, Compot, China Petroleum Engineering, Zhunyou Shares, China National Petroleum Corporation, Heshun Petroleum, and Guochuang High-Tech dropped by over 2%. In terms of news, Trump stated that the conflict in Iran is nearing an end, prompting market hopes for U.S.-Iran negotiations and a potential easing of tensions in Iran, leading to a decline in international oil prices. WTI crude oil futures once dropped nearly 4% to $8.

Gelonghui FinanceApr 15 10:17