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National refined oil price index continued declining

According to reports from Daqing Petroleum International Information Center as of 22nd July, national refined oil price index was 580.17, down by 0.66%.

7-27-2016 14:00:48

China import bonded jet fuel CIF rose 10% MoM

Xinhua Agency Petroleum Price System released on July 26th that, China import bonded jet fuel CIF in June settled at CNY2,900/mt, increasing CNY279/mt against the previous month, or 10.64% M

7-27-2016 13:49:10

Gazprom, CNPC advance gas cooperation

Gazprom and CNPC approved the roadmaps for implementing the memorandum of understanding on underground gas storage and gas-fired power generation in China.

7-27-2016 11:44:59

ConocoPhillips plans to layoff another 1000 staffs

According to news from Dow Jones on 22nd July, ConocoPhillips, one of the largest shale oil producers in US is planning to layoff another 6% staffs.

7-27-2016 11:40:47

Only 29% coal capacity cut target completed in H1

72.27 million mt/yr of coal production capacity was phased out in China’s 17 local regions and among relevant SOEs in the first half year, according to an on-site experience exchange meeti

7-27-2016 11:31:21

Fushun Petrochemical hydrogenation base saved CNY7million

Fushun Petrochemical third oil plant hydrogenation base has been saved CNY3.46million since the summer program was started in April. It is expected that CNY6.92million could be saved before

7-27-2016 11:19:04

Review on LPG market in Northwest China and Southwest China in H1 2016

From January to June 2016, LPG price in Northwest China and Southwest China fluctuated downward with bigger price movements occurring in Southwest China market.

7-27-2016 11:14:00

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