PetroChina to step up efforts to promote oil and gas exploration, development

The company said, “Looking ahead to 2024, the Company will adhere to the five development strategies of innovation, resources, market, internationalization, and green & low-carbon development. With continuous efforts to strengthen production and operation, it will further promote high-quality and efficient development, safeguard the safe, stable and profitable operation of the oil and gas business. The Company will step up efforts to promote oil and gas exploration and development, strive to ramp up reserves and output to lay a solid foundation for growth. In addition, it will proactively adapt to energy transition and the changes in market demand, advance green and low-carbon transition in a steady manner and optimize the business layout, and accelerate the development of new energies and new materials. By reinforcing its sustainable development capability, the Company will continue to create value for shareholders and the community.”