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CN NEA: Oil & Gas Firms Should Amplify Investment in Shale Oil Exploration, Tech R&D
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In order to thoroughly implement the decisions and arrangements of the CPCCC and the State Council, beef up shale oil exploration and development efforts, and foster high-quality energy development and high-level security, the National Energy Administration held a meeting last Wednesday (10th) in Daqing City, Heilongjiang Province to advance shale oil exploration and development work, the National Energy Administration (NEA) announced. The meeting called on all oil and gas companies to strengthen their confidence and determination, amplify investment in shale oil exploration and development and scientific and technological R&D, promote cost reduction and efficiency improvement in upstream production through deepening institutional and mechanism innovation, tap the potential of shale oil resources, accelerate the effective utilization of reserves, and achieve large-scale and efficient development of shale oil. AASTOCKS Financial News Website: www.aastocks.com |
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