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On March 30, the carbon capture project of Phase I of the 2.64 million kilowatt new energy project in Xinjiang’s oil fields, along with the associated coal-fired power generation and carbon capture facilities, an EPC project undertaken jointly by CPECC Zhongyou (Xinjiang) Petroleum Engineering Co., Ltd. and CPECC Southwest Branch, held its groundbreaking ceremony. The carbon capture project at the Xinjiang Oilfield is the first million-ton-scale flue gas carbon capture project of the group company in response to the **\"low-carbon, green economy\" strategy and to support the low-carbon development of the Xinjiang Oilfield. It is a key project for the group company to achieve its \"dual carbon\" goals and to advance the construction of a low-carbon energy ecosystem; it is one of the four major projects under the group company’s \"four major and six minor\" strategic framework. Additionally, it represents the second million-ton-scale CCUS carbon capture project for power generation in China. The project mainly includes: the construction of one set of core carbon capture equipment using the chemical absorption method, along with related supporting utility systems. Once completed, the project will capture 1 million tons of carbon dioxide from the flue gases of coal-fired power plants each year, further contributing to the low-carbon transformation of the oil fields in Xinjiang as well as the scaled application of CCUS-EOR. It holds great significance for implementing the group company’s overall green and low-carbon development strategy in three phases, as well as for helping to optimize the energy structure in the Xinjiang region and accelerate its transition toward a low-carbon future.