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Asia PX Oversupplies

This year is special for PX industry, because Asia PX has turned from excessive demand into oversupply. Though China market still maintained a huge demand gap with the dependence degree on i

September 16, 2014

Datang Power Generation Overwhelmed Stripped of its Thin Coal Chemical Business Plan

Datang Power (00991.HK) tries to divest its coal chemical business, which is a huge asset size and poor profitability.

September 10, 2014

Crude Oil Imported from Iran Hit Historic High

It is reported that as the USA ease the sanctions on Iran, in the first half of 2014, the total volume of crude oil China has imported from Iran reaches a historical high.

September 03, 2014

The CSDC Joint Venture Built Three Ships for Transporting LNG

As was announced by China Shipping Development Co., Ltd, the joint venture signed a contract with a shipbuilding company on building three ships for transporting liquefied natural gas yester

September 03, 2014

Plan is Being Made to Export Natural Gas of Alaska to Overseas

According to Dow Jones July 21, the developers, who planned to export natural gas of Alaska North Slope to the global market, said they had submitted the application of permission of exporti

September 03, 2014

Development of Natural Gas leads to Low Carbon Economy

The carbon content of unit calorific value of natural gas is 15.3tonne/TJ, which is the lowest petrochemical fuel. Of natural gas, the carbon content coefficient is 2.1622kg-co2/m3, and the

September 03, 2014

China’s Natural Gas Demand Decreased by 4.7% MoM in June

Based on the figures from Platts on July 29, China’s apparent natural gas demand in June was 13.91 billion m3 in total, with a year-on-year growth of 7.9% but a month-on-month decrease of

September 03, 2014

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