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High margin of main refinery reached CNY1,041/mt

The main refineries’ margins following declined oil product price shrunk, but it was higher than the previous year’s.

7-30-2015 10:46:22

Purchase on demand weighs on LPG market

nternational crude prices went down continuously. Domestic LPG market hasn’t show any sign of boom. As spread between feed gas and domestic gas narrowed down, domestic gas market weakened.

7-30-2015 10:36:02

Russia supplies 200,000mt LPG to Syria annually

According to a report from a Russian media, Russia planed to supply Syria with 200,000mt LPG every year through Kerch Trading Port.

7-30-2015 10:34:24

Deep processing plants witness operation rate surge at higher profits

This week, operation rate of fuel gas deep processing stood at 40.95%, up 0.28 percentage points from last week.

7-30-2015 10:32:14

ConocoPhillips withdraws from China shale gas market

ConocoPhillips claimed that it has stopped shale gas exploitation cooperation with PetroChina and Sinopec in Neijiang and Qijiang respectively and has no other exploitation projects in China

7-30-2015 10:19:05

Iran will invest $185 billion in oil and gas

After signing a nuclear agreement with the international community, Iran declared to revive its pillar industries and will invest $185 billion in oil natural gas by 2020.

7-30-2015 10:17:16

China tire will suffer high rate of double anti duties of US

On July 27th, United States International Trade Commission (USITC) released the final report on investigation of injury of anti-dumping and anti-subsidy duties on China’s passenger car and

7-29-2015 17:53:21

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