Guided by the concept of openness, cooperation and win-win cooperation in the 25 years, China Petroleum overseas oil and gas business firmly grasped the opportunity of “one belt and one road” in 2018. The output of oil and gas equities for the first time exceeded 98 million tons, and the foreign cooperative oil and gas output exceeded 10 million tons. China Petroleum’s competitiveness and influence in the international oil and gas market continued to improve.