Oil and Gas Industry

The company’s petroleum business is operated by ZhongHua Petroleum Holding Co., Ltd., focusing on petroleum investment, exploration & production (E&P), international oil and gas trade, storage and transportation, and refining. Actively aligned with China’s energy development policies, ZhongHua Petroleum is committed to advancing green, low-carbon development and global energy cooperation.

Through continuous enhancement in marketing, technological innovation, project operations, capital management, risk control, and global resource integration, ZhongHua Petroleum has established a competitive and modern business model.

Its oil and gas trade mainly involves crude oil, fuel oil, and petrochemical products, with an annual trade volume exceeding 30 million tons. The company has formed long-term strategic partnerships with leading oil-producing countries (Iraq, Brazil, Venezuela, UAE) and major energy enterprises (Shell, BP, Dodar, Sinopec, PetroChina, CNOOC, Morocco, Victoria, etc.), earning a solid reputation in the global oil industry for its strong trade and risk management capabilities.

Since 2011, ZhongHua Petroleum has successfully participated in national crude oil reserves. The company invested in the construction of 720,000 cubic meters of oil storage tanks in Dalian Port and cooperates closely with major coastal terminals such as Dalian and Yingkou. The total storage capacity now exceeds 2 million cubic meters, positioning ZhongHua Petroleum as an important force in China’s national energy security system.