Radar · Oil & Gas Midstream in China
Best Oil & Gas Midstream Companies in China
The 36 best Oil & Gas Midstream companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Brightoil Petroleum.
By Rohit KhannaTrends & Stories
36companies tracked
$1.4Bdisclosed funding
0unicorns
5have raised
Sources & further reading
- maximizemarketresearch.com
- Technavio
Ranked: Best Oil & Gas Midstream companies in China
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Brightoil Petroleum Oil and gas production, logistics, and trading company 48Talent top 41%Funding top 49%News bottom 32%Global bottom 29% All 4 signals ▾Talenttop 41% Fundingtop 49% Newsbottom 32% Globalbottom 29% Talent: Analyst team rating 4/5 · 1 named leader on record Funding: Raised $700M across 1 rounds · 1 rounds over 7 yrs (0.1/yr) rank vs industry peers · Fliar Intelligence Index 48/100 | $700M | 92 mo ago | Deadpooled | Sit Kwong Lam Chairman & CEO | 1993 | — | — | — | — |
| 2 | Sinopec Shanghai Petrochemical Company Limited Provider of oil & gas exploration, processing, transportation, and marketing services 69Innovation top 19%Patents top 21%Funding top 36%Market top 38% All 9 signals ▾Innovationtop 19% Patentstop 21% Fundingtop 36% Markettop 38% Growthtop 42% Moattop 44% Newsbottom 38% Globalbottom 35% Techbottom 21% Innovation: 782 patents (top 9% of patent-holders) · 354 filings since 2022 vs 246 in 2017-21 Patents: 782 patents matched (strict assignee match) · 354 filings since 2022 vs 246 in 2017-21 rank vs industry peers · Fliar Intelligence Index 69/100 | $572M | 102 mo ago | Public | — | 1998 | NginxSwiperjQuery+1 | — | 780 patents Patents concentrated in chemistry & materials | — |
| 3 | China Tian Lun Gas Holdings Limited Operates and distributes domestic gas connection services 64Market top 28%Funding top 41%Global bottom 36%News bottom 27% All 4 signals ▾Markettop 28% Fundingtop 41% Globalbottom 36% Newsbottom 27% Market: 3,007 employees (top 9% of Energy) Funding: Raised $150M across 1 rounds · 1 rounds over 11 yrs (0.1/yr) rank vs industry peers · Fliar Intelligence Index 64/100 | $150M | 136 mo ago | Public | — | 2002 | — | — | — | — |
| 4 | China Gas Holdings Gas operator and service provider | $20M | 250 mo ago | Public | — | 1995 | EChartsElement UIUnoCSS+6 | — | — | — |
| 5 | Zhongke Huizhi Equipment Technology Provider of gas purification products | — | 39 mo ago | Seed | Liu Yingshu Founder | 2021 | — | — | — | — |
| 6 | Yuan Heng Gas Holdings Natural gas production, refining, and distribution company | — | 105 mo ago | Funding Raised | Wang Jianqing Chairman & CEO | 1980 | — | — | — | — |
| 7 | Anhui Wanjiang Logistics (Group) Company Huaihe Energy (Group) Co Ltd is engaged in cargo handling, storage, international container loading and… | — | — | Public | — | 2000 | — | — | — | — |
| 8 | Baitian Petroleum International Group Provider of natural gas, oil exploration and distribution services | — | — | Public | Lai Junliang CEO | 2002 | — | — | — | — |
Top 6 Oil & Gas Midstream companies in China
#1
Deadpooled · Hong Kong, Hong Kong · founded 1993$700Mraised▾
Deadpooled · Hong Kong, Hong Kong · founded 1993
Oil and gas production, logistics, and trading company
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Talent
top 41%Funding
top 49%News
bottom 32%Global
bottom 29%Talent: Analyst team rating 4/5 · 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $700M across 1 rounds · 1 rounds over 7 yrs (0.1/yr) · Last round Conventional Debt (Jan 2019)
News: 0 BI events in 12 mo (of 27 tracked, 7 types)
Funding rounds
- Jan 2019Conventional Debt$700M
Founders & team
Investors
China National Offshore Oil Corporation
#2
Public · Beijing, Beijing · founded 1998 · 446225 employees$572Mraised▾
Public · Beijing, Beijing · founded 1998 · 446225 employees
Provider of oil & gas exploration, processing, transportation, and marketing services
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Innovation
top 19%Patents
top 21%Funding
top 36%Market
top 38%Growth
top 42%Moat
top 44%Innovation: 782 patents (top 9% of patent-holders) · 354 filings since 2022 vs 246 in 2017-21
Patents: 782 patents matched (strict assignee match) · 354 filings since 2022 vs 246 in 2017-21 · Latest publication 2026
Funding: Raised $572M across 1 rounds · 1 rounds over 9 yrs (0.1/yr) · Last round Post IPO (Feb 2018)
Funding rounds
- Feb 2018Post IPO$572M
- 2017Post IPO—
Investors
CICC, Credit Prosperity Fund
Tech stack
Baidu Analytics (百度统计)JqueryNginxSwiper
#3
Public · Zhengzhou, Henan · founded 2002 · 3007 employees$150Mraised▾
Public · Zhengzhou, Henan · founded 2002 · 3007 employees
Operates and distributes domestic gas connection services
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Market
top 28%Funding
top 41%Global
bottom 36%News
bottom 27%Market: 3,007 employees (top 9% of Energy)
Funding: Raised $150M across 1 rounds · 1 rounds over 11 yrs (0.1/yr) · Last round Post IPO (May 2015)
Global: Investors from 1 country beyond China
Funding rounds
- May 2015Post IPO$150M
Investors
IFC Asset Management Company
#4
Public · Wan Chai, Hong Kong · founded 1995 · 48000 employees$20Mraised▾
Public · Wan Chai, Hong Kong · founded 1995 · 48000 employees
In 2022, the company recorded annual revenues of $11.79B and a net profit of $0.87B
Funding rounds
- Oct 2005Post IPO$20M
Investors
Templeton Private Equity Partners, CPP Investments, SK E&S, Utilico Emerging Markets Trust
Tech stack
Baidu Analytics (百度统计)Core-JsEchartsElement UiNginxPrism
#5
Seed · Dongguan, Guangdong Province · founded 2021—raised▾
Seed · Dongguan, Guangdong Province · founded 2021
Developer and researcher of modern gas molecular identification technology and engineering application. The company specializes in the separation and purification of VOCs, O2, N2, CO2, CO, NOx and other gases, providing core materials and proprietary components such as pellets, honeycomb bodies, rotors and cartridges for gas separation and purification, as well as oxygen production and supply solutions and advanced equipment for personal, household, industrial, special environment and other application scenarios.
Funding rounds
- Jun 2023Angel—
Founders & team
Investors
Zhongke Chuangxing
#6
Funding Raised · Hong Kong, Hong Kong · founded 1980 · 330 employees—raised▾
Funding Raised · Hong Kong, Hong Kong · founded 1980 · 330 employees
Natural gas production, refining, and distribution company
Founders & team
Funding & investor landscape
$1.4Btotal disclosed funding
4companies funded
4disclosed rounds
0rounds last 90 days
Most active investors
RESEARCH SIGNALS · China
How research on Oil & Gas Digital is moving in China
A read on the academic research around Oil & Gas Digital — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 5,991 China-affiliated papers.
research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 17% → 39% across 2008–2026.
top research entities
- China University of Petroleum, Beijing1291
- Research Institute of Petroleum Exploration and Development998
- China University of Petroleum, East China790
- Sinopec775
- China National Petroleum Corporation628
leading researchers
Wanfen Pu · Huiqing Liu · Jian Zhang · Jirui Hou · Bing Wei · Yiqiang Li · Zhaomin Li · Caili Dai
▲
Breakthroughs965 · 16%
▲ 9%→21% share
▲2.3× share momentum2 median citations66% since 2021mostly methods-led
Breakthroughs are rising (9%→21% of field), led by Enhanced oil recovery.
rising sub-themes (early→recent)
- Enhanced oil recovery61→236
- Petroleum engineering93→148
- Reservoir simulation30→80
- Oil shale7→52
- Chemical engineering32→71
Newly emergingParticle swarm optimization 0→11 · Extraction (chemistry) 0→9 · Surrogate model 0→9
Landmark Adaptive and freeze-tolerant heteronetwork organohydrogels with enhanced mechanical stability over a wide temperature ra · 366 cites
◆
Advancements3,995 · 67%
▼ 70%→64% share
▼0.9× share momentum2 median citations49% since 2021mostly empirical
Advancements are cooling (70%→64% of field), led by Enhanced oil recovery.
rising sub-themes (early→recent)
- Enhanced oil recovery686→934
- Oil shale25→197
- Chemical engineering95→193
- Wetting45→123
- Hydraulic fracturing33→97
Newly emergingUnconventional oil 0→14 · Microscale chemistry 0→14 · Microfluidics 0→13
Landmark Advanced Sorbents for Oil‐Spill Cleanup: Recent Advances and Future Perspectives · 693 cites
▼
Concerns462 · 8%
▼ 8%→7% share
▼0.9× share momentum3 median citations49% since 2021mostly empirical
Concerns are cooling (8%→7% of field), led by Enhanced oil recovery.
rising sub-themes (early→recent)
- Enhanced oil recovery76→108
- Oil shale5→25
- Porous medium3→18
- Petroleum2→13
- Permeability (electromagnetism)32→42
Newly emergingTight oil 0→14 · Imbibition 0→13 · Shale oil 0→9
Landmark Application of Nanoparticles in Enhanced Oil Recovery: A Critical Review of Recent Progress · 579 cites
RESEARCH HOTSPOTS · China
Where oil gas digital is researched across China
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Beijing1898 · +0.52
Hangzhou99 · +0.55
Shanghai53 · +0.59
Guangzhou/Shenzhen46 · +0.53
Wuhan32 · +0.60
Hefei30 · +0.60
Nanjing17 · +0.45
Harbin15 · +0.68
PATENT SIGNAL · China
Who's filing oil gas digital patents in China
China oil gas digital patent filing is accelerating — 20 filings from 44 assignees (2017–2025), led by UNIV Tsinghua, Aramco FAR EAST Beijing Business, UNIV EAST China Science & TECH; annual filings 1→6.
20 filings44 assigneespeak 6/yr2017–2025
filing momentum (YoY 2017–2025)
top patent filers
- UNIV Tsinghua3
- Aramco FAR EAST Beijing Business3
- UNIV EAST China Science & TECH3
- Saudi Arabian OIL3
- Zhang RUI3
- TANG Yongchun3
- CNPC USA3
- LIU Jinfeng3
Common questions
How many Oil & Gas Midstream companies are there in China?
Radar tracks 36 indexable Oil & Gas Midstream companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by Oil & Gas Midstream companies in China?
The Oil & Gas Midstream companies in China on this list have raised a combined $1.4B in disclosed equity funding across 4 funded companies.
Which is the highest-funded Oil & Gas Midstream company in China?
Brightoil Petroleum is the highest-funded Oil & Gas Midstream company in China, with $700M in disclosed equity funding.
How many Oil & Gas Midstream companies in China are funded?
4 of the 36 Oil & Gas Midstream companies in China on this list have disclosed at least one equity funding round.
How many Oil & Gas Midstream unicorns are there in China?
None of the Oil & Gas Midstream companies in China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in China Oil & Gas Midstream companies?
The most active investors in China Oil & Gas Midstream companies on this list include Asia Business Capital, CICC, CPP Investments, China National Offshore Oil Corporation, Credit Prosperity Fund.
Rohit KhannaTrends & Stories
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.