Industry News-Sinotai Petroleum Equipment Co., Ltd

2026-03-06 15:44:41

A XJ350 workover rig is successfully shipped

Sinotai is thrilled to announce the successful shipment of a XJ350 workover rig to our partners in Southeast Asia.XJ350 workover rig is oil field special equipment, designed rated hook load is 700KN,max. hook load with external guyline is 900KN, servicing depth is 4000m(2 7/8” EUE tubing). The draw

2026-02-28 15:02:10

Energy independence set to improve

Energy independence set to improveChina's energy self-sufficiency rate is on track to reach 84.6 percent this year, as the country intensifies efforts to insulate its economy from global supply volatility, according to a report released by a think tank recently.The outlook follows a

2026-02-28 15:00:43

China's oil and gas production hits all-time high

China's oil and gas production hits all-time highChina's oil and gas production climbed to a record high in 2025, bolstered by aggressive exploration in unconventional reserves and a surge in offshore output, according to a report released by a think tank on Tuesday.Total oil and

2026-02-05 10:23:45

In 2026, Venezuela targets 18% oil output expansion

CARACAS — Venezuela aims to boost oil production by 18 percent this year through planned reforms that will fully open the sector to private investors, the head of state oil giant PDVSA said on Saturday."We had a law ... that was not up to date with what we needed as an industry," co

2026-02-05 10:23:07

China's energy self-sufficiency rate is expected to increase to 84.6% in 2026

The National High end Think Tank China Petroleum Group Economic and Technological Research Institute has released the "Review and Prospect of Domestic and Foreign Petroleum and Petrochemical Markets in 2025" to the public. According to estimates, by 2026, China's total energy consumpti

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