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The reasons why Asia LPG price sharp down

Ken Koyama, the chief analyst from EEI, said in a report that Asia LPG price has reduced to USD500/mt, sharp down from USD800-1000/mt of 2014. The main reasons are more low-cost resources fr

April 28, 2015

Approval on large coal chemical projects speeds up ahead of the new policy release

The National Development and Reform Commission (NDRC) gave a green light to the preliminary work of the Qinghua Inner Mongolia Zhongke Coal Based Clean Energy Poly-generation Project the oth

April 28, 2015

Feed gas shipment to Shandong increased in the first half of April

With continued increase of crude price since April, domestic oil products prices moved up. Downstream expects a higher price resulting in a good transaction sentiment. But local feed gas res

April 24, 2015

DME market in predicament

Price difference between DME and LPG narrowed from the past few years. So it is harder for DME sellers to make profit, followed by a low production rate. Still improvement of price is hard t

April 24, 2015

LNG Price in North America Rebounded

On April 21st, North America LNG futures went up by $0.039/ mmbtu to $2.575/mmbtu as the temperature dropped and gas storage seemed lower than the expectation.

April 23, 2015

China April LPG market continues to vibrate

Supply: 1,850,000 mt is predicted in April. Maintenance for Tenglong Aromatics is to finish, for Cangzhou Reinery and Jinzhou Petrochemical is to continue and for Yan’an Refinery, Changlin

April 03, 2015

PetroChina net profits fall 17.3%

Net profits of PetroChina Co Ltd, China's top oil and gas producer, fell 17.3 percent year on year to 107.2 billion yuan ($17.5 billion) in 2014 as weak domestic demand and lower oil prices

March 30, 2015

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