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Spread between China propane and U.S. propane still exists after Panama Canal extension

The first VLGC transited Panama Canal on June 26th-June 27th after extension. Since then, it will only take 25 days to transport propane produced in the U.S. to the Far East, cutting over 15

7-4-2016 16:12:18

PetroChina approved the recombination of oilfield services

On June 29th, PetroChina released that it had approved the recombination plans on oilfield services.

7-1-2016 17:40:01

Deep processing plants get good profit amid rapid price drop of feed gas

In June 24th-June 30th, profit of olefin deep processing was fine with gross profit of each kind of unit moving up slightly. According to JYD, profit of alkylation unit averaged CNY298/mt, u

7-1-2016 16:34:32

China LPG import & export both slip in May

China LPG import volume totals 1.3742 million mt in May 2016, down from April. Demand in traditional combustion sector declines in summer, therefore total LPG import volume in the second qua

7-1-2016 08:47:30

Price-based resources tax levy to kick off overall on July 1st

In the wake of business taxes shifting into VAT, resource tax reform will take place comprehensively on July 1st.

6-30-2016 17:34:28

Shenhua Sales Group achieves more than half of its annual sales target ahead the end of H1

Shenhua Sales Group said on its website on June 24th that it fulfilled 50.2% of its annual sales target even before the close of the first half year (H1).

6-30-2016 16:32:52

Strike in Norway pushed oil prices

According to news from RIA Novosti on 28th June, under the background of Norway Strike, international oil prices started lifted. The strike might lead to a mining interruption of Western Eur

6-30-2016 16:16:52

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