News
Recently, international crude oil futures were fluctuated. Affected by this, China oil product market ran with moderate volatility; while gasoline and diesel in Shandong got stable after con
9-26-2014 16:27:50
Enterprise Products Partners LP (EPP) says it will build a 6-6.5 million bbl/month LPG export terminal at a yet-to-be-determined site on the US Gulf Coast. The terminal will load low-ethane
9-26-2014 16:24:38
A new study of US NGL markets from Simmons & Co. International, Houston, sees ethane remaining in oversupply near term and export growth bringing balance to propane and butane markets.
9-26-2014 16:14:58
After stepping into October, national oil product market might face another round of product upgrading. On October 1, gasoline in the whole Guangdong province would be upgraded into National
9-23-2014 17:40:32
National oil price index is a comprehensive index founded by Xinhua (Daqing) International Petroleum Information Center through systematic and professional calculation on the basis of collec
9-23-2014 17:40:02
Shandong is the biggest chemical province in China with special advantages in traditional fields like tire, oil refining and chemical, and petroleum equipments, as well as strategically emer
9-22-2014 17:44:55
It was said that the profit of processing Shengli crude oil for Shandong teapots shrank weekly. According to statistics, the theoretical profit would be CNY34/mt, with a weekly fall of CNY26
9-19-2014 14:41:01
Guohua Engergy Investment, a state-owned sole corporation of Shenhua Group, recently opened listing in China Beijing Equity Exchange, transferring 15.77% of shares of Huaneng International P
9-19-2014 14:40:19
China's crude oil imports in August recovered to 25.19 million mt or an average 5.96 million b/d, surging 17.5% year on year, according to preliminary data released Monday, September 8, by t
9-18-2014 17:28:34
It was revealed that the “13th Five-year Plan” of the petrochemical industry in China was compiled on a real-time basis.
9-18-2014 10:47:51
Leading oil and natural gas companies PetroChina Co Ltd and CNOOC Ltd reported first-half results on Thursday that reflected weaker demand for refined products.
9-17-2014 11:40:05
The 13th Five-Year Plan (2016-2020) for the petroleum and petrochemical industry will focus on eliminating obsolete capacity and raising coal chemical output. Excess capacity will be the sec
9-17-2014 11:37:33
China's new propane dehydrogenation (PDH) units that are scheduled to come on line in 2014 may be forced to resell their contracted feedstock propane cargoes if start ups are delayed, indust
9-16-2014 16:48:41
Around 342,000 mt of imported LPG arrived in southern China in May and around 363,000 mt in April, data from Beijing-based energy information provider JYD Commodities Hub showed. In comparis
9-16-2014 16:24:40
New Delhi: The government is moving LPG and other fuel supplies to marooned Kashmir valley using alternative routes, Oil Minister Dharmendra Pradhan said on Thursday.
9-16-2014 15:50:01
Datang Power (00991.HK) tries to divest its coal chemical business, which is a huge asset size and poor profitability.
9-10-2014 16:05:34
Major terminal Dongguan Jovo cuts price to ease discharging pressur
9-5-2014 16:00:10
Asia may see abundant flows of LPG from Algeria, the US and West Africa
in October and into November, which should help regional consumers build
stocks for winter, according to projections
9-5-2014 14:28:42
According to JYD Calculation Formula, CDU operation rate of Shandong teapot refineries has decreased by 5.5 percentage points week on week to 36.82%.
9-3-2014 16:57:07
This week, fuel oil sales volume in ports of South China was quite large, and few vessels of crude oil arrived, so the inventories of fuel oil and crude oil dropped again.
9-3-2014 16:56:32
According to JYD statistics, China fuel oil output during January and May was 10.51 million tons in total, basically unchanged on the annual basis.
9-3-2014 16:56:08
China bonded bunker sales in Jan-May totaled at 3.35 million mt this year, down by 26% from last year’s 4.5 million mt, JYD data shows.
9-3-2014 16:55:38
According to JYD run rate surveillance and calculation against 36 Shandong teapots, up to July 16, Shandong teapots CDU run rate stabilized at 36.32% from last period.
9-3-2014 16:55:17
Anhui Provincial Industrial and Commercial Bureau organized a sample inspection against the gasoline and gasoil quality retailed in gas stations in cities of Hefei, Haozhou, Fuyang, Huainan,
9-3-2014 16:54:53
Counting down to the end of June, when Sinopec is expected to release details about private capital infusion, days before, both Sinopec and CNPC has advanced towards mixed privatization owne
9-3-2014 16:53:13
CNOOC has signed a Retail Gas Station Cooperation contract with CNPC & TAFO Marine Fuel recently in Beijing, which labeled CNOOC’s opening to society in retail business cooperation by givi
9-3-2014 16:52:46
Sinochem’s biggest refiner, 12 million mt/y Quanzhou refinery launched into full operation at the end of June, 2014.
9-3-2014 16:51:42
Based on the figures from Platts on July 29, China’s apparent natural gas demand in June was 13.91 billion m3 in total, with a year-on-year growth of 7.9% but a month-on-month decrease of
9-3-2014 16:35:50
China’s GDP expanded by 2% in the second quarter from the previous quarter in 2014, giving the country a 7.5% increase on an annual basis from the previous quarter's 7.4%, according to the
9-3-2014 15:42:55
