Current Situation and Prospects of Chinese Oil Companies' Overseas Oil and Gas Cooperation

In 2022, with the COVID-19 pandemic and geopolitical conflicts, the world faced major changes unseen in a century. Chinese oil companies worked hard to overcome many unfavorable factors and insisted on focusing on efficiency and promoting the high-quality joint construction of the “Belt and Road”. Further breakthroughs were achieved in asset optimization, and simultaneous increases in quantity and efficiency were secured in overseas oil and gas cooperation.