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BP signs agreement with KEPCO to supply LNG

BP declared that it has signed an agreement on LNG sales and business cooperation agreement with Kansai Electric Power Co (KEPCO), one of the largest energy companies in Japan.

July 09, 2015

LPG market overview & forecast

According to the above figure, the first half of 2015 witnessed ups and downs in the LPG market. LPG index at the end of June stayed at 4,049 points, higher than January’s 3,545 points.

July 09, 2015

Long-term fluctuation may lead to price dip

In East China, imported LPG depressed the civil LPG market continuously. Imported LPG is mainly priced according to CP and MB.

July 09, 2015

Operation rate of deep-processing plants grows in a slower pace

This week, operation rate of LPG processing plants stayed at 47.56%, up 0.46 percentage points.

July 09, 2015

On-line trading of natural gas

Shanghai Natural Gas Pipeline Co., Ltd. bought 1,400 cubic meters of pipeline gas in CNY2.6109/m3.This first spot transaction of pipeline gas marked the trial operation of Shanghai Petroleum

July 08, 2015

Trial reform of oil & gas exploration starts in Xinjiang

On July 7th, the Ministry of Land and Resources (MLR) released a bidding announcement of oil & gas exploration through its portal, which indicates that China will carry a trial reform in the

July 08, 2015

Collective jump of global and China bulk commodity

On July 7th, 2015, affected by Greek economy tension and collapsed China A stock market, global market crashed in a mess.

July 08, 2015

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