What does the Four Refined Management of China Petroleum mean?

The four refined management of China petroleum refers to careful calculation, intensive cultivation, fine management and technical upgrading. Manage carefully. The refining and chemical sector strengthens market awareness, prepares weekly chemical market research reports, strengthens market analysis and judgment, adheres to the daily consultation mechanism, studies sales strategies, and continuously improves product competitiveness from production plans, product quality, product sales, customer service, packaging and transportation. According to the characteristics of regional market, optimize marketing by product line and implement "one product, one policy" to ensure the service quality of key products. In the first half of the year, compared with similar domestic enterprises, the price difference of eight categories of products, such as SBS and low-pressure polyethylene, decreased year-on-year, with remarkable benefits; The output of efficient products such as PX, synthetic resin and synthetic rubber increased by 34.5%, 3.7% and 4.7% respectively.

Regulations of People's Republic of China (PRC) Municipality on Foreign Cooperation in Exploitation of Onshore Petroleum Resources

Article 4 The China Municipal Government shall protect the cooperative exploitation activities of foreign enterprises participating in the cooperative exploitation of onshore oil resources, as well as their investments, profits and other legitimate rights and interests. In People's Republic of China (PRC), Chinese-foreign cooperative exploitation of onshore oil resources must abide by the relevant laws, regulations and rules of People's Republic of China (PRC), and accept the supervision and management of the relevant competent departments of China government.

Article 5 The state shall not tax the investment and income of foreign enterprises participating in the cooperative exploitation of onshore oil resources. Under special circumstances, according to the needs of social and public interests, part or all of the oil due to foreign enterprises in cooperative exploitation may be levied according to legal procedures, and corresponding compensation shall be given.