On December 10, the National Energy Administration held a shale oil exploration and development promotion conference in Daqing City, Heilongjiang Province. The conference called for all oil and gas companies to have firm confidence and determination, increase investment in shale oil exploration and development, drive cost reduction and efficiency in upstream production by deepening institutional mechanism innovation, dig deeper into the potential of shale oil resources, speed up the effective use of reserves, and achieve large-scale and efficient development of shale oil. At the same time, we must adhere to the system concept, increase support for shale oil exploration and development policies, strengthen project factor guarantees, fully mobilize the enthusiasm of all parties, make every effort to increase shale oil storage and production, and firmly adhere to the bottom line of energy security.

On December 10, the National Energy Administration held a shale oil exploration and development promotion conference in Daqing City, Heilongjiang Province. The conference called for all oil and gas companies to have firm confidence and determination, increase investment in shale oil exploration and development, drive cost reduction and efficiency in upstream production by deepening institutional mechanism innovation, dig deeper into the potential of shale oil resources, speed up the effective use of reserves, and achieve large-scale and efficient development of shale oil. At the same time, we must adhere to the system concept, increase support for shale oil exploration and development policies, strengthen project factor guarantees, fully mobilize the enthusiasm of all parties, make every effort to increase shale oil storage and production, and firmly adhere to the bottom line of energy security.