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Great volume of imported gas will hit South China market

High LPG price in South China was the precondition for transporting gas from north China to South China. And pricing of main state-owned refineries in South China instructed surrounding mark

5-11-2016 17:51:19

Shenhua to invest CNY19 bln in ultra-low emission upgrading for power utilities in 5 yrs

During the 13th five-year plan period, Shenhua Group plans to invest CNY19 billion in energy saving and environmental protection upgrading and transformation on 1,230 projects.

5-11-2016 17:38:16

Fuel oil refining loss of teapots was deepening

This week, based on CNY3,100/mt of Russia M100 spot ex-terminal barge price at Shandong market on May 11th, the theoretical loss of processing imported straight-run oil at Shandong teapots w

5-11-2016 17:29:47

More overhauls dragged down the run rate to 52.49%

JYD statistics from 41 Shandong teapots, up to May 11th, 2016, the CDU run rate ended down by 2.14 percent WoW to 52.49%

5-11-2016 17:27:52

Viewing toluene market trend from supply and demand

Since crude market is still under fluctuating adjustments, domestic market focus is shifted to the fundamentals recently. Therefore, let’s view domestic toluene market from supply and dema

5-11-2016 16:54:16

Hengyuan Petchem is granted to use import crude 3.5 mln mt/yr

China Petroleum and Chemical Industry Federation (CPCIF) claimed on May 11th that Hengyuan Petrochemical was qualified for using import crude 3.5 million mt/yr preliminarily.

5-11-2016 16:43:31

A price-based levy of resource tax to start on iron ore in July 2016

On the May 10th 2016, the Ministry of Finance and the State Administration of Taxation announced to implement resource tax reform on more minerals after coal, crude oil and natural gas alike

5-11-2016 15:41:30

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