Twenty years ago, I had a dream of building a privately-owned Chinese energy company which could flourish in the international arena.
Since then, Brightoil has gradually grown in different phases from the government’s monopoly to gradual liberalization of the China energy sector; through its own evolution and development of different stages while overcoming major difficulties. Today, Brightoil has emerged into a fully-fledged oil & gas company meeting the energy needs of China and firmly established in the international arena. Our four major business lines, namely Upstream Oil and Gas Exploration and Production, Marine Transportation, Oil Storage and Terminal Facilities, as well as International Trading and Bunkering have already grown to sizeable scale. In the medium term, we have already owned a certain scale of oil and gas reserve with stable production which we are going to make significant efforts in enlarging our upstream exploration and production activities and set our footprints in the world, so as to propel Brightoil’s smooth transformation into a resource-focused international energy enterprise.
For more than two decades, Brightoil has experienced phenomenal growth, building on our vision and beliefs of determination, perseverance and an unwavering commitment to results delivery. I would say that we have encountered various difficulties to achieve the results we have made so far. Moreover, we have also managed to lay a solid foundation for future development. This gives me great comfort!
The global economic and political landscapes have experienced significant changes in recent years. Without doubt, Brightoil will face many challenges ahead. These will pose both problems as well as opportunities for Brightoil. The tough business environment has strengthened our resolution and sharpened our business acumen. We believe that the divine will reward hard-workers and even more that opportunities will favor those who stay firm and persevere for their dreams. Brightoil is well prepared to embrace a brighter future.
With the continuous development and expansion of our major businesses, in particular the upstream business, we are confident that Brightoil will be evolved into an international integrated oil & gas company with strong focus in upstream business and complemented by other mid and downstream businesses. We are determined to expand our oil and gas reserve bases, productions and profits in order to create more values for our shareholders and investors.
We look forward to your continuous interest and support as always!