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Venezuela’s president showed that OPEC will reach the limit production agreement

According to the national news agency of Azerbaijian, on October 21st, Ricardo Maduro, Venezuela’s president, showed that OPEC and non-OPEC members are approaching the limit production agr

October 24, 2016

Shenhua Ningxia Coal's 4 mln mt/yr CTL project has two gasifiers ignited

Shenhua Ningxia Coal Industry Group (Shenhua Ningxia Coal) had No. 2# gasification furnace of its 4 million mt/yr coal to liquids (CTL) project ignited on October 19th, and No. 4# of the pro

October 24, 2016

Guangdong Zhenrong will march to Curacao in Caribbean for 10 mln mt dwt refinery

According to foreign media, on September 15th, Guangdong Zhenrong Energy and Curacao Government signed MOU on infrastructure upgrading and rebuilding, and China consul general Zhang Weixin i

October 21, 2016

MTBE market slipped consecutively amid bearish news

In early October, domestic MTBE market was pulled up to CNY5,850/mt by the replenishment after National Day. But it turned into negative direction since middle October amid bearish news.

October 21, 2016

17 alkylation plants in Shandong market stop operation

LPG price in Shandong market fluctuates greatly in October. The basic reason is Sinopec and PetroChina stopped purchasing oil products from other plants. It is predicted that oil products wi

October 21, 2016

Teapots are ready for the special inspection of six ministries and commissions

According to JYD survey report on Shandong teapot, 14 refineries in Shandong operated regularly coupled with well completion status.

October 21, 2016

China imported crude oil 5.3 mln mt from Saudi Arabia in Sep

China imported crude oil 5.3 mln mt from Saudi Arabia in Sep

October 21, 2016

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