Abstract: Volcanic rocks are distributed widely in China, which are important exploration targets. By analyzing many discovered volcanic hydrocarbon reservoirs all over the world, the authors summarized the geologic characteristics of the formation of volcanic hydrocarbon reservoirs in China, and gave further exploration directions and advices. (1) There are mainly Carboniferous-Permian, Jurassic-Cretaceous, Paleogene-Neogene volcanic rocks in oil- and gas-bearing basins in China, which are mainly distributed in the Junggar Basin, Songliao Basin, Bohai Bay Basin, etc. There are mainly intermediate rocks and acidic rocks in east China, and intermediate rocks and basic rocks in west China. They primarily develop in intracontinental rift settings and island arc environments. (2) Pore-fissure reservoirs are distributed widely in basins, which are volcanic rocks mainly in explosive and effusive facies. (3) Volcanic hydrocarbon reservoirs are chiefly near-source lithostratigraphic hydrocarbon reservoirs, and the oil and gas accumulation is predominantly controlled by lithotypes, faults and structural positions. (4) Deep-seated oil and gas reservoirs in the Songliao Basin and Carboniferous volcanic hydrocarbon reservoirs in the Junggar Basin are potential giant volcanic gas provinces, the volcanic hydrocarbon reservoirs in the Bohai Bay Basin and Santanghu Basin are favorable for oil and gas reserves increase, and volcanic rocks in the Turpan Basin, Sichuan Basin, Tarim Basin have exploration potentiality. (5) The technology series of oil and gas exploration in volcanic rocks have been preliminarily formed.