The discovery of China's first deep coal-bed methane field with proven geological reserves exceeding 110 billion cubic meters will further facilitate the growth of the country's reserves and production of unconventional oil and gas, an analyst said.
一位分析人士表示，中国首个探明地质储量超过1100亿立方米的深层煤层气田的发现将进一步促进中国非常规油气储量和产量的增长。
"The discovery provides important guidance for exploration in similar basins and facilitates the growth of our reserves and production of unconventional oil and gas," he said.
他说：“这一发现为类似盆地的勘探提供了重要指导，并促进了我们非常规石油和天然气储量和产量的增长。”。
The discovery of the Shenfu deep CBM field, located in Yulin, Shaanxi province, at the eastern edge of Ordos Basin, will further facilitate the growth of China's reserves and production of unconventional oil and gas, it said.
报告称，位于鄂尔多斯盆地东部边缘陕西省榆林市的神府深层煤层气田的发现将进一步促进中国非常规油气储量和产量的增长。
The discovery provides important guidance for exploration in similar basins and facilitates the growth of our reserves and production of unconventional oil and gas, he said.
他说，这一发现为类似盆地的勘探提供了重要指导，并促进了我们非常规油气储量和产量的增长。
Zhao said the company will also further deepen cooperation in the field of technology with a focus on unconventional, deepwater, oil and gas resources.
赵表示，该公司还将进一步深化技术领域的合作，重点关注非常规、深水、石油和天然气资源。
An analyst said the pipeline will effectively release the production capacity of upstream projects and help maximize the resource value of the two unconventional natural gas production bases in Qinshui Basin and the eastern edge of Ordos Basin, and provide strong support for natural gas supplies in North China.
一位分析人士表示，这条管道将有效释放上游项目的产能，有助于最大限度地提高沁水盆地和鄂尔多斯盆地东部边缘两个非常规天然气生产基地的资源价值，并为华北地区的天然气供应提供有力支持。
Li Ziyue, an analyst with BloombergNEF, said coal bed methane is an important source of unconventional gas in China.
BloombergNEF分析师李子跃表示，煤层气是中国非常规天然气的重要来源。
CNOOC said the pipeline will effectively release the production capacity of upstream projects, help to maximize the resource value of the two unconventional natural gas production bases in the Qinshui Basin and the eastern edge of the Erdos Basin and strongly support the natural gas supply in North China.
中海油表示，该管道将有效释放上游项目的产能，有助于最大限度地提高沁水盆地和鄂尔多斯盆地东缘两个非常规天然气生产基地的资源价值，有力支持华北地区的天然气供应。
The project, the New Cornerstone Investigator Program, recently generated a buzz in China's scientific community for its unconventional conditions and targets.
这个名为“新基石研究者计划”的项目最近因其非常规的条件和目标在中国科学界引起了热议。
Shale oil is an unconventional product derived from oil shale rock fragments.
页岩油是从油页岩碎片中提取的一种非常规产品。
An analyst said the breakthrough further enhances the country's domestic energy supply capacity and the unconventional oil and gas resources will play a bigger role than ever in China's clean energy future.
一位分析人士表示，这一突破进一步增强了中国国内能源供应能力，非常规油气资源将在中国清洁能源的未来发挥比以往任何时候都更大的作用。
"With tremendous shale oil and shale gas resources, China is the second country to have achieved breakthroughs in the sector after the United States, and China should attach more importance to the exploration and exploitation of unconventional oil and gas to further reduce reliance on oil and gas imports," Luo said.
罗说：“中国拥有巨大的页岩油和页岩气资源，是继美国之后第二个在该领域取得突破的国家，中国应该更加重视非常规油气的勘探和开采，以进一步减少对石油和天然气进口的依赖。”。
As the international division of CNOOC Ltd, the company's portfolio is made up of assets in more than 20 countries, including conventional oil and gas, unconventional oil sands, as well as shale oil and gas－both onshore and offshore－in Asia, Africa, the Americas, Europe and the Middle East, he said.
他说，作为中海油有限公司的国际部门，该公司的投资组合由20多个国家的资产组成，包括亚洲、非洲、美洲、欧洲和中东的常规石油和天然气、非常规油砂以及陆上和海上页岩油和天然气。
In 2022, 13 new oil and gas fields projects are expected to come on stream, while it also plans to drill 227 offshore exploration wells and 132 onshore unconventional exploration wells.
2022年，预计将有13个新的油气田项目投产，同时还计划钻探227口海上探井和132口陆上非常规探井。
The company's domestic exploration strategy will focus more on the gas sector while it will also push forward the development of unconventional gas exploration, said Xie Weizhi, chief financial officer of CNOOC Ltd. As the three major oil and gas companies are shifting focus from fossil fuel energy to new energy given the backdrop of China's goals to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, the company will also invest 5 percent to 10 percent of its total capital expenditure in the development of new energy, Xie said.
中海油有限公司首席财务官谢伟志表示，该公司的国内勘探战略将更多地关注天然气行业，同时也将推动非常规天然气勘探的发展。谢表示，鉴于中国到2030年碳排放达到峰值、到2060年实现碳中和的目标，三大石油和天然气公司正在将重点从化石燃料能源转移到新能源，该公司还将把总资本支出的5%至10%投资于新能源的开发。
The company's unconventional natural gas output has witnessed a drastic increase with annual production exceeding 3.5 billion cubic meters.
该公司的非常规天然气产量大幅增长，年产量超过35亿立方米。
Unconventional gas output is expected to reach 6 billion cubic meters to 8 billion cubic meters by 2025 and remain steady, he added.
他补充道，到2025年，非常规天然气产量预计将达到60亿立方米至80亿立方米，并保持稳定。
An analyst said China has been making progress in increasing domestic oil and gas production over the past few years, with significant results in terms of domestic oil and gas exploration as well as unconventional gas, including shale gas.
一位分析师表示，过去几年，中国在增加国内油气产量方面取得了进展，在国内油气勘探以及包括页岩气在内的非常规天然气方面取得了重大成果。
With the joint efforts of the country's oil majors, including China National Petroleum Corp, China Petroleum and Chemical Corp and CNOOC, China has achieved several major breakthroughs in not only conventional oilfields but also unconventional oil and gas sectors, said Luo Zuoxian, head of intelligence and research at the Sinopec Economics and Development Research Institute.
中石化经济发展研究院情报与研究负责人罗佐贤表示，在中国石油天然气集团公司、中国石油化工集团公司和中海油等石油巨头的共同努力下，中国不仅在常规油田，而且在非常规油气领域都取得了几项重大突破。
The company said gas production is capable of meeting the demand of 28 million households, thanks to new discoveries of unconventional gas in the Qinshui basin in Shanxi province and Northwest China's Erdos basin.
该公司表示，由于在山西沁水盆地和中国西北鄂尔多斯盆地发现了新的非常规天然气，天然气生产能够满足2800万户家庭的需求。
Sinopec has been adding more capacity in both conventional and unconventional gas fields.
中石化一直在增加常规气田和非常规气田的产能。
However, most of them are unconventional uranium with high exploration costs.
然而，它们大多是非常规铀，勘探成本很高。
Production from China increased 13.0 percent year-on-year to 100.1 million barrels of oil equivalent, mainly attributable to production growth from the commencement of new projects including the Caofeidian 6-4 oilfield, the Luda 21-2 oilfield and production growth from onshore unconventional gas fields.
Coal bed methane is an important source of unconventional gas, accounting for 5 percent of the total gas supply in China," said Li Ziyue, an analyst with BloombergNEF.
Significant results have been seen in terms of global oil and gas exploration as well as in unconventional gas including shale gas and coal bed methane, according to the National Energy Administration.
CNPC said it has produced 70 percent of China's natural gas output each year and it has also been accelerating the development of China's unconventional shale gas reserves.
The Sichuan basin is known for both conventional and unconventional natural gas and is key to both future gas reserves and efforts to step up the country's output.
This has invited the participation of unconventional e-commerce players like short video sites Douyin and Kuaishou.
The State-owned energy giant will continue to expand natural gas development, especially the development and utilization of unconventional gas, including shale and coal-bed gas.
They are looking at more and unconventional solutions, she said.
The move is an attempt by Nestle to attract young consumers with a more affordable yet unconventional coffee-drinking experienceThe innovative products, dubbed Fruity Ice Coffee, have recently been launched on Tmall.
Nescafé will introduce other unconventional flavors that suit local tastes in the winter.
The camera lens on back will be single, and may come in a variety of unconventional colors.
Unconventional reservoir technologies and data analytics are key to boosting oil and gas exploration and production in China, according to a senior executive of United States energy company ConocoPhillips.
Over the past decade, oil and natural gas production in the US has grown quickly, Leveille said, noting this was largely enabled by two technologically driven revolutions - in unconventional reservoir development and data analytics.
"We define success in an unconventional way," he said.
Wang said China's shale gas resources could be as much as 21.8 trillion cu m, but technological and geological challenges may slow the development of the unconventional gas.
Conventional monetary policy refers to using standard tools like interest rate adjustments to help iron out business cycles, in contrast with unconventional policy that features aggressive campaigns like quantitative easing.
But at the same time, fiscal constraints imposed by unconventional additional support from policy, possible financial risks, and the possible long-term backlash should be closely monitored.
"Keeping international supply chains unimpeded and resilient to make room for innovative and unconventional economic policies is critically important for a steady global economic recovery," Zhou Xiaochuan, former governor of the People's Bank of China, China's central bank, said during the weekend event.
Keeping international supply chains unimpeded and resilient to make ways for innovative and unconventional economic policies will be key to ensuring a steady global economic recovery, said a former head of China's central bank.
He said it is important to keep global supply chains smooth, unimpeded and resilient, so that unconventional economic stimulus can be brought out to ensure steady global economic recovery.
China was the first country to rescind unconventional moves such as stimulus and pandemic relief policies, and the first to normalize macroeconomic policies.
On the macroeconomic policy front, unconventional economic policies designed to cope with COVID-19 will be gradually phased out.
Although it is necessary for China to eventually exit from expansionary monetary and fiscal policies, it is inadvisable for the country to fully cease such unconventional policies at present, as the world's second-largest economy still faces potential gray rhino shocks.
Unconventional policy measures will bring huge shocks to the order of the market economy if they last too long, as there will always be aftereffects from large-scale stimulus packages.
Therefore, China must bring an end to unconventional policies.
Under the new plan, eligible companies in Hongqiao will be allowed to open free trade accounts and carry out unconventional forms of international trade.
The gradual waning of COVID-19 in China last year, the normalization of the country's unconventional fiscal and monetary policies, the adjustment of its development strategies, and the rise of new growth drivers will become the most essential forces deciding the nation's economic operations this year.
However, as China will gradually withdraw its unconventional policies, its growth will slow down in the second half of this year.
However, policy support for economic rebound will diminish, as China will gradually withdraw various unconventional bailout policies this year.
The country's crude oil production will come to 194 million tons this year, with large scale exploitation of unconventional oil and gas resources becoming new growth points, Zhang said.
He has welcomed more than a dozen unconventional pets into his home, covering a diverse range of species, including snakes, tarantulas and geckos, and devoted a cumulative investment exceeding 100,000 yuan ($13,990).
The driving force behind the fast-growing unusual pet market is the younger generation, including the post-1990s and millennials, who exhibit a greater sense of independence, embrace diverse perspectives and always stay at the forefront of the latest trends, said Yuan Zhibin, who has run an unconventional pet store in Beijing for five years.
"The current popular species in the unconventional pet community are snakes, geckos, spiders and frogs," Yuan said, adding that these species have gained popularity among young people primarily due to their relatively low maintenance and cost of care, making them well-suited to the fast-paced lifestyles of today while providing a new form of spiritual fulfillment for the younger generation.
Medical care available for unconventional pets, however, still remains limited, and the scarcity makes it difficult for pet owners to access the necessary expertise and guidance, Zhang said, adding that going forward, this is urgently needed to bridge the gap in healthcare services for these unique companions.
Production of unconventional natural gas, including tight gas, shale gas, coal-bed methane, and natural gas hydrates, exceeded 96 billion cubic meters last year, constituting 43 percent of the total natural gas output and emerging as a significant growth driver in the increase and storage of natural gas, NEA said.
Apart from dogs and cats, Gen Z keeps a diverse range of unconventional pets.
Coalbed methane refers to the unconventional natural gas that is associated with coal and stored in coal seams.
- The output of unconventional natural gas in North China's Shanxi province increased by 5.7 percent year-on-year to 6.82 billion cubic meters in the first half of 2023, achieving a new historical record for the same period, local authorities said Monday.
Shanxi is a major coal province in China and also possesses abundant resources of unconventional natural gas, including coalbed methane, tight sandstone gas, and shale gas, according to the provincial statistical bureau.
By the end of 2020, the province had accumulated a total proven geological reserve of unconventional natural gas of over 1.06 trillion cubic meters.
Shanxi aims to become a national unconventional natural gas base in the province's 14th five-year development plan (2021-25).
In recent years, Shanxi has witnessed a rapid increase in unconventional natural gas production, rising from 8.15 billion cubic meters in 2020 to 11.33 billion cubic meters in 2022, with an average annual growth of nearly 1.6 billion cubic meters.
Increased use of new technologies raises efficiency, leads to rising demand for unconventional travel experiences, experts sayWUHAN — Tourists returning to Chinese scenic spots this year may find many new services on offer — robots performing kung fu, interactive murals and deluxe camps — to name a few.
Industry observers say the increased use of new technologies in the tourism sector has not only raised management efficiency, but also catered to the rising demand for unconventional travel experiences.
"Hopson M-Series adopts an unconventional real estate development model.
Ever since, Chinese tourists have shown an increasing willingness to explore unconventional destinations.
Manner Coffee said opening a store at the Lake Songhua Resort has been an unconventional expansion plan for the company.
Demands for more diverse and unconventional brews have also opened opportunities for niche categories like dark tea.
For example, the exploration breakthrough this year of offshore shale oil, the unconventional product derived from shale rock fragments, represents a major technological milestone, he said.
He suggested China further step up domestic oil and gas exploration, including unconventional oil and gas, as it is still heavily reliant on oil imports.
China has also made several major breakthroughs in both conventional oilfields and unconventional oil and gas sectors, he said.
And China, a major oil and gas consumer that has been heavily reliant on oil imports, should further step up domestic oil and gas exploration－including unconventional oil and gas－in the face of rising global oil prices, said Luo Zuoxian, head of intelligence and research at the Sinopec Economics and Development Research Institute.
It will also introduce 13 new oil and gas fields this year, while it also plans to drill 227 offshore exploration wells and 132 onshore unconventional exploration wells.
With joint efforts by the country's oil majors, China has achieved several major breakthroughs in both conventional oil fields and unconventional oil and gas sectors, including major breakthroughs in Daqing Oilfield in Heilongjiang province and Shengli Oilfield in Dongying, Shandong province, both of which have helped ensure the country's energy security, Luo said.
Feng Lianyong, a professor with the School of Economics and Management at the China University of Petroleum (Beijing), said China must reinforce innovations and applications of advanced technologies to make full use of its natural resources and strengthen domestic production of unconventional oil, natural gas, hydrogen, and methane.
Shale oil is one of the unconventional oils produced from oil shale rock fragments.
"With recent discoveries in Fuling and Changqing, the country is now on a fast path of developing its shale oil with several breakthroughs made in recent years, and it is believed the country's oil majors will focus more on in-depth and unconventional oil and gas exploration in the future.
CNPC said the company, relying on technological innovation, has also stepped up efforts to promote highly-efficient exploration and development to stabilize oil and increase gas supplies, boost the economically recoverable reserves and facilitated stable production in mature oil and gas fields, including the start of new projects including the Caofeidian 6-4 oilfield, the Luda 21-2 oilfield and production growth from onshore unconventional gas fields.
"As China's energy exploration shifts toward deep sea areas and deepwater unconventional oil and gas sectors, oil and gas resource conditions are more complex than ever, making their exploration more difficult," said Luo Zuoxian, head of intelligence and research at the Sinopec Economics and Development Research Institute.
Energy security has become an important item on the agenda as rising imports have prompted the government to look at ramping up domestic production of unconventional energy resources like shale oil.
"As conventional oil production plateaus in China, China's reliance on crude oil imports will inevitably increase, especially if there are no unconventional resources such as shale oil," she said.
Unconventional oil output accounts for less than 1 percent of China's crude output, due to its high break-even and noncommercial economics despite the large volume, said Wood McKenzie.
"According to Li, unconventional gases, especially shale gas, are expected to play an increasingly important role in production rampup, and shale gas output may reach beyond 20 bcm this year.
Significant results have been seen in terms of global oil and gas exploration as well as unconventional gas including shale gas and coal bed methane, it said.
"Conventional gas production doubled in the past five years while unconventional gas more than quadrupled, driven by surging shale gas production," she added.
Unconventional gas, despite its impressive growth, might fall short of the 13th Five-Year Plan period goal.
"Customers aspire for something not necessarily exclusive but unconventional.
Unconventional natural gas resources, like tight gas and shale gas, saw higher output last year and accounted for a third of the total natural gas production, according to an annual report on China's energy development released by the China Electric Power Planning and Engineering Institute, a research institute.
The government has also encouraged the economic and effective exploration and production of unconventional low-grade oil and gas resources, including tight oil, shale oil, shale gas and coal bed gas.
However, Lin suggests China strengthen unconventional natural gas development to reduce reliance on natural gas imports.
Making payments with the fingertips may sound attractive, but at the same time, this unconventional type of money raises concerns related to customer protection, safety of the payments system, and financial stability.
They suggested more government incentives and financial support to be provided to develop unconventional natural gas resources.
Lin also said the new discovery will spur industry's confidence in domestic oil detection and exploitation, as it proved China has been scaling up technologies for production and use of unconventional oil.
With more investment inflows into unconventional oil sector, as shown by the case of Changqing oilfield, the production costs of unconventional oil will be reduced very quickly and will ultimately contribute largely to domestic crude oil output, he said.
Luo Shunshe, a professor with the School of Earth Sciences at Yangtze University in Wuhan, Hubei province, said China's exploitation of unconventional oil resources is catching up quickly.
It also proved China is scaling up detecting and exploiting technologies for unconventional oil, and with more investments into the unconventional oil sector, as shown in the case of the Changqing oil field, the production cost of unconventional oil will be reduced very quickly, and will then largely contribute to domestic crude oil production, he said.
Besides, automobile technology revolution, the unconventional oil and gas technology revolution, as well as the rapid development of circular economy, energy conservation and environmental protection technology industries will provide new impetus for China's economic growth, according to the report.
"Gig jobs, unconventional careers, tech disruption and lifelong learning have ushered in the talent economy.