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On March 31, PetroChina Co.
, Ltd.
announced that in 2021, the company will coordinate the promotion of production and operation, reform and innovation, quality and efficiency improvement, safety and environmental protection, epidemic prevention and control and other work, and the two major oil and gas industry chains will operate smoothly and efficiently.
The development of low-carbon transformation continued to accelerate, and major production indicators and operating performance created new milestones
.
Key operating performance indicators hit a record high
.
Vigorously strengthen marketing, fully guarantee market supply, and achieve operating income of 2.
The financial and asset conditions are stable and improving
.
Actively promote the optimization of asset structure, strive to improve the efficiency of asset turnover, and continuously enhance the ability of assets to create benefits; continue to control the scale of debt and optimize the debt structure, the capital-liability ratio has further decreased, the balance of interest-bearing debt has hit a new low in the past ten years, and the financing cost rate has hit a record high A new low; strengthened the management of tight balance of funds, continued to optimize capital expenditures, and achieved free cash flow of 79.
The green and low-carbon transformation has achieved a rapid start
.
The company earnestly implements the major decision-making and deployment of carbon peaking and carbon neutrality, anchors the target commitment to achieve carbon peaking around 2025 and "near zero" emissions around 2050, formulate and implement special plans for new energy business, and green and low-carbon development actions The plan, adhere to the three-step overall deployment of "clean replacement, strategic replacement, and green transformation", and promote the implementation of green industry layout
A number of landmark achievements have been made in scientific and technological innovation
.
The company adheres to the strategy of innovation first, and continuously increases technology investment and technology research and development efforts
Exploration and development to increase reserves and production to achieve both volume and efficiency increases
.
The company has made every effort to promote efficient exploration and increase oil and gas reserves and production, and has made a number of major breakthroughs and important discoveries in key basins such as Ordos, Tarim, Junggar, and Sichuan.
Refining and chemical transformation and upgrading achieved remarkable results
.
The Company achieved new breakthroughs in refining transformation and upgrading, further optimized product structure, and continued to increase the proportion of high-efficiency products in refining; the commodity volume of chemical products was 30.
The sales scale and quality of refined oil products continued to improve
.
The company made great efforts to promote the upgrade of refined oil sales network, oil products, and services to create an ecosystem of "people, vehicles, and life".
Natural gas production and sales hit a record high
.
The company strives to ensure the supply of resources and actively promotes clean replacement.