Industry News

As a core metering device, the oil flow meter undertakes the task of quality monitoring throughout the entire process from oil receiving to dispensing at a gas station. It serves as the "digital heart" of the station, and its accuracy and reliability directly determine the health of the entire industry ecosystem.

Xiong Yihui, an employee of the Retail Management Department of the Petroleum retail company, discovered through the fuel nozzle anomaly monitoring program that the No. 15 fuel nozzle at a refueling station had an abnormal flow rate. He immediately organized on-site personnel to follow up and verify, carry out analysis and handling, and promptly initiated the maintenance process. The equipment debugging and repair were completed in the morning of the same day, ensuring the smooth operation of the refueling site.

In February 2025, following the announcement of broad tariffs by the United States on Chinese goods, China imposed retaliatory measures on selected U.S. energy products, including a 15% tariff on liquefied natural gas (LNG) and a 10% tariff on crude oil. As a result, imports of these two fuels from the United States came to an almost complete halt. From a resource endowment perspective, the United States — as the world's largest LNG exporter and a major oil producer — and China — as the world's largest energy buyer — have a natural energy complementarity. However, the recent escalation of the Middle East crisis is reshaping the global energy landscape. The disruption of shipping through the Strait of Hormuz has affected approximately one-fifth of global oil and seaborne natural gas exports, driving up international energy prices.

Due to the near-total disruption of shipping through the Strait of Hormuz, a vital corridor for crude oil and natural gas, China's energy imports saw a sharp decline in April. According to customs data released last Saturday, crude oil shipments fell 20% year-on-year, with petroleum imports also dropping below the previous month's levels. These figures include oil that had already begun shipping from the Gulf prior to the US-Israeli airstrikes on Iran on February 28. The Middle East typically accounts for about half of China's crude oil imports and nearly one-third of its liquefied natural gas (LNG).

Since obtaining the Zhundong Circulation New District in 2019, Tuha Oilfield has vigorously implemented large-scale exploration and efficient development, with its production output on a continuous upward trend. In September 2023, the daily output of crude oil increased from 28 tons at the end of 2019 to 1,000 tons. In June 2025, after the daily output exceeded 1,500 tons, the new district faced multiple bottlenecks such as technology and efficiency in increasing production, and the daily crude oil output hovered around 1,500 tons.

A reporter learned from the coalbed methane company that, focusing on the pain points and difficulties in coal-rock gas development, the company has accelerated the iterative upgrading of lifting technologies. It has innovatively applied two lifting supporting technologies — the hydraulic rodless pump and the "one-to-two" hydraulic pumping unit — successfully breaking through traditional extraction bottlenecks and achieving multiple results in improved development quality, reduced energy consumption, and enhanced economic benefits.