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Shell and GDF SUEZ take 26% stakes in Kakinada LNG project in India

GDF SUEZ and Shell have signed to Memorandums of Understanding (MOUs) with Indian gas company GAIL and Andhra Pradesh Gas Distribution Corporation (APGDC,

January 20, 2015

IEA trims non-OPEC throughout growth estimate, eyes oil price rebound

IEA released on Friday (January 16th) that non-OPEC producers will work out less-than-expected throughout in 2015, which is expected to rebound oil prices to some extent.

January 19, 2015

China messy LPG market in urgent need of govt guide

Liquefied petroleum gas (LPG), with the highest marketization degree in China, takes up 18% of the total urban gas consumption. The Chinese LPG market has been in chaos for long due to lack

January 15, 2015

Uptight feed gas supply leads to low run rates at deep processing units

China’s gas deep processing plants have seen profit margin narrowing down recently due to downturns in trades for oil blending feedstock, and thus are running at low rate. Operation rate a

January 15, 2015

Brent crude levels US crude amid slumping global oil prices

Traders were seeking ways to stock excessive supplies. The glut of products dragged down oil prices sharply by 60%. Up to this week, Brent crude and US crude slumped 7% and 5% consecutively.

January 15, 2015

Oil dips as high U.S. stocks underline global oversupply

Crude oil dipped in early Asian trade on Thursday after a volatile session the previous day, when prices rebounded sharply from near-six-year lows that reflected a global oversupply.

January 15, 2015

Shandong teapots run rate jumped slightly

According to JYD statistics on 36 teapots in Shandong province, up to January 14th, CDU operating rate increased to 36.42% by 0.92% from the previous week amid Shouguang Lianmeng CDU restart

January 15, 2015

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