Recently, it was learned from China National Petroleum Corporation that in the first quarter, PetroChina achieved operating income of 551.923 billion yuan, an increase of 8.4% year-on-year; net profit attributable to shareholders of the parent company was 27.721 billion yuan, the best level in the same period in the past seven years. Strengthen exploration and development, and strive to increase profitable output. PetroChina vigorously implemented oil and gas stabilization. The domestic oil and gas equivalent output was 373 million barrels, a year-on-year increase of 4.3%, of which domestic marketable natural gas production was 1.12 trillion cubic feet, a year-on-year increase of 9.6%; strict control of costs and expenses, after excluding the impact of exchange rate changes , The unit oil and gas operating cost decreased by 8% year-on-year

Adhere to market orientation and vigorously improve refining and chemical efficiency. PetroChina seized the favorable opportunity for the recovery of the refined and chemical product market and prices to rise, actively promoted the transformation and upgrading, closely linked production and sales, continued to optimize the product structure, and strived to increase production and sales of high value-added products. The output of refined oil increased by 6.9% year-on-year. The volume increased by 10.8% year-on-year.

Strengthen refined marketing and strive to expand sales and increase efficiency. PetroChina has overcome the adverse effects of excess resources, increased competition, and rebound of the epidemic in some regions, refined market analysis and judgment by region and variety, organized and carried out activities to increase the volume of pure guns, promote the increase in aviation fuel sales, and the sales of domestic refined oil products. A year-on-year increase of 20.9%. Continue to optimize the gas source structure, and strive to promote sales expansion and efficiency in the peak consumption season. PetroChina took full advantage of the cost advantages of imported gas and the favorable timing of strong demand during the heating season, increased market development, optimized and adjusted sales strategies, and reduced sales costs. Domestic natural gas sales increased by 14.6% year-on-year.Editor/Xing Wentao