Article

China's 15th Five-Year Plan outlines the goal to become an 'energy superpower' between 2026 and 2030. This marks the first official use of the term in government documents. The plan emphasizes balancing energy security with green development, requiring major oil companies to adapt their strategies.

Key focus areas include stable hydrocarbon production, a shift towards natural gas, and the expansion of low-carbon technologies. The Big Three oil companies—CNPC, Sinopec, and CNOOC—will align their operations with these objectives, investing in renewable energy and improving technological capabilities.