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V-day Parade to bring LPG sales down

Fear for the traffic control is likely to be a motive for downstream to practice an early purchasing before end of August. According to history, LPG sales is expected to drop sharply in Nort

August 06, 2015

China Oil Product Retail Adjustment by NDRC on August 4th

According to National Development and Reform Commission (NDRC), on August 4th (24:00) the gasoline and diesel prices were cut by CNY220/mt and CNY215/mt respectively, to CNY6,655/mt and CNY5

August 05, 2015

West-East gas transmission has reached 260 billion cubic meters

As of now, West-East natural gas transmission of three pipelines undertaken by PetroChina West Region Pipeline Co., Ltd. has delivered 260 billion cubic meters to 15 provinces and municipali

July 31, 2015

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.

July 30, 2015

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.

July 30, 2015

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.

July 30, 2015

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

July 30, 2015

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