Brief introduction of Yumen Oilfield Company of China Oil and Gas Co., Ltd.

Yumen Oilfield Company is a regional branch of China Petroleum and Natural Gas Co., Ltd., which has oil production plant, refining plant, exploration division, exploration and development research institute, planning and design institute, oil production technology research institute, refining and chemical research institute and other units. It is a comprehensive petroleum enterprise integrating upstream and downstream exploration and development, refining and chemical engineering, scientific research and design. The reorganization and restructuring of China Petroleum injected new vitality into Yumen Oilfield, and the oilfield branch took advantage of the reorganization and listing to embark on the "second venture and re-create brilliance"

Since the restructuring of Yumen Oilfield Company, focusing on geological exploration, it has fought a tough battle for oil and gas exploration. After years of hard exploration and efforts, Jiuquan basin has made a major breakthrough, and the crude oil output has increased steadily, ending the situation of continuous decline in crude oil output for many years. Yumen people's long-cherished wish of wanting, looking for and looking forward to oil has been realized, and the prospect of exploration and development is very broad.

With the development of oil fields, the oil refining and chemical industries have a history of more than 60 years. There are more than 30 sets of various refining and chemical plants, and the main production plants have realized DCS control. Among them, the atmospheric and vacuum distillation unit with an annual processing capacity of 2.5 million tons, the 300,000-ton reforming unit and the 6,543,800+5,000-ton hydrogenation unit were completed and put into operation, which made the supporting processing capacity of crude oil leap to a new level of/kloc-0.00 million tons. At the same time, a series of special oil products with strong market adaptability, represented by the exclusive domestic product No.5 aviation hydraulic oil, have won the title of national, provincial and ministerial quality products for more than 20 years. Relying on strengthening management and scientific and technological innovation to reduce costs and gradually expand profit margins, we have embarked on a distinctive and effective management road.