The international oil price has risen sharply, and the two major domestic oil companies PetroChina (601857. Sh; 00857. HK) and CNOOC (600938. Sh; 00883. HK) have delivered the best half year performance in history, with a total net profit of more than 150 billion yuan, close to the total net profit of last year< Br > < div class = "height" > < / div > according to the semi annual report released by PetroChina on August 25, according to the international financial reporting standards, the operating income in the first half of the year was 1.61 trillion yuan, a year-on-year increase of 34.9%; The net profit attributable to the shareholders of the parent company was 82.391 billion yuan, a year-on-year increase of 55.3%; The free cash flow increased by 89.21 billion yuan on a year-on-year basis, achieving a basic earnings per share of 0.45 yuan. The board of directors proposed to distribute 2022 interim dividend of rmb0.20258 per share, with a dividend of rmb37.08 billion< Br > < div class = "height" > < / div > on the same day, CNOOC announced its interim results, achieving an oil and gas sales revenue of 176.68 billion yuan in the first half of the year, a substantial year-on-year increase of 75.6%. The net profit attributable to the parent company reached 71.89 billion yuan, a year-on-year increase of 115.7%, and the profit per share was 1.57 yuan. The board of directors decided to pay an interim dividend of HK $0.70 per share (including tax) for 2022, a record high for the same period in history< Br > < div class = "height" > < / div > at a time when the international oil price fluctuates widely, it is particularly important to deal with the uncertainty of the external environment with the certainty of domestic oil and gas production and supply, and to stabilize oil and gas production and maintain the bottom line of energy security. The semi annual report shows that the oil and gas production of the two major oil companies has increased significantly, and the new energy business layout has also accelerated< br>