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Three more LNG terminals to be built at Mirs Bay, foreboding overcapacity

According to JYD, Shenzhen Dapeng LNG Receiving Terminal, China’s first imported LNG terminal, has reported no accident in the ten years since it started operation.

7-5-2016 17:19:47

China crude inventory growth slows down

As the storage capacity is closing to full load, China crude inventory growth is slowing down. China crude inventory increase was the main impetus for global petroleum demand growth.

7-5-2016 16:40:01

General description on methanol supply and demand in June

In June, China methanol supply totals 4.991 million mt and total demand reads 4.577 million mt with 414,000 mt being oversupplied.

7-5-2016 15:51:21

Russia crude export to hit new high in 2016

Russia crude export is expected to hit a new high record. After Iran return to the crude market, Russia and Iran is competing in crude market both in Europe and Asia.

7-5-2016 15:40:48

Another alkylation unit operates in Shandong

After long-time preparation for feedstock, alkylation unit of Shandong Xingze Chemical has operated successfully in recent days.

7-5-2016 15:13:11

Coal majors lift coal prices by CNY15/mt for July

Chinese coal majors led by Shenhua Group decided to raise waterborne 5,500 kcal/kg steam coal prices by CNY15/mt for July. It was rumored that Shenhua Group refused to receive new vessels fo

7-5-2016 14:56:46

China COSCO buys 67% of Piraeus Port in Greece

Recently, the Greek government finally agreed to sell 67% shares of Piraeus Port to China COSCO, and the port is the largest port of Greece.

7-5-2016 14:35:48

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