If PetroChina ranks fifth according to its comprehensive strength, do you think you are qualified to rank fifth with some financial knowledge? The oil industry ultimately depends on technology, technology, technology! China's three major oil companies are all in the top 50, but their overseas investments are neat but confused. Those international oil companies in developed countries that really master the technology are not expanding the market, but the profits and scale are developing simultaneously. What are the three major oil companies in China?
Say a set of data, let's comment on it-
20 1 1, the crude oil output was 203.65 million tons, an increase of 0.3% over 20 10. In the first five months of 20 12, the crude oil output has dropped to 84.908 million tons, down 1.0% year-on-year. In contrast, 20 1 1 imported 253.78 million tons of crude oil, up 6.00% year-on-year, with the amount of1966.66 billion US dollars, up 45.3% year-on-year, and the average import price was 740.8 US dollars/ton, up 37%. 201/kloc-0 imported 80 billion tons of crude oil in the first five months, up 1 1. 1% year-on-year, and the average import price was 849.7 USD/ton, up 14.7% year-on-year. Without the pricing power of oil, the risk of RMB depreciation has been accumulating, and the average import price has been increasing in double digits for many years. If there is no major breakthrough in exploration and technology, and there is no substantial increase in alternative energy sources, China's hard-earned foreign exchange reserves of 3 trillion yuan may only be enough to import crude oil for 10 years, with great risks.
What have the three state-owned enterprises brought to the domestic people in the unpredictable oil market? What do you get from competing for resources with big international companies? An oil company is truly big and strong only if it has mastered the technology, mastered the pricing power of oil and gas resources in the industry with the strength of the country, and created finance for domestic and foreign investors and shareholders. In 2007, a stock of "China Oil" plunged investors into the abyss for decades. ...
It's really sad Without technology and oil pricing power, what am I left with? ...