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Sinopec Cut Oil Product Export Compensation

According to JYD, since December 1st, Sinopec adjusted the export compensation, gasoline decline from CNY20/mt to CNY4/mt, diesel decline from CNY40/mt to CNY13/mt.

December 11, 2015

Tianhai Petro expands the oil tank

Tianhai Petro expands the oil tank

December 11, 2015

Four teapots were granted usage right of import crude officially

Huifeng Petchem, Shouguang Luqing, Jingbo Petchem and Tianhong Chemical were qualified to use import crude 14.45 million mt/yr.

December 10, 2015

Loss of Guangdong teapots shrank to CNY167/mt

Loss of Guangdong teapots shrank to CNY167/mt

December 10, 2015

Guangdong teapots run rate slid to 21.42%

Guangdong teapots run rate slid to 21.42%

December 10, 2015

Sinochem Quanzhou ethylene 1 million mt plans to operate in 2018

Sinochem Quanzhou acquired the approval of NDRC on renovation and extension project of ethylene and oil refining with 1 million mt/yr.

December 09, 2015

China oil product export soared by 68% YoY

China oil product export soared by 68% YoY

December 09, 2015

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