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COSL completed the first exploration operation in the Far East

According to the reports on 8th August, COSL announced in a press release that the company successfully complete the first exploration project not long ago, which would be a new potential n

August 11, 2016

Kuwait Oil Company Al-Ahmadi Oilfield leaked

On 9th August, Kuwait Oil Company Al-Ahmadi Oilfield leakage occurred during drilling operation.

August 11, 2016

Abu Dhabi lowered crude oil prices to gain market share

On 4th August, Abu Dhabi National Oil Company cut the official sale prices for all three grades of crude oil for July shipments and continued to compete for market share with the neighboring

August 11, 2016

Many teapots shutdown cut the run rate in other regions

According to JYD statistics from 41 Shandong teapots, up to August 10th, 2016, the CDU run rate ended down by 0.82 percent WoW to 47.96%.

August 11, 2016

Bad data from API depressed the crude oil price

On August 10th, the bad performance of API data depressed the crude market, and the price went down.

August 10, 2016

Sinopec Hainan gasoline quality upgrade project

Hainan Province gasoline quality upgrade project is located in Hainan Yangpu Economic Development Area.

August 10, 2016

Qingyuan Petchem newly-constructed oil products hydrogenating unit

Shandong Qingyuan Petrochemical planned to construct a gasoline and diesel hydrogenation unit with the capacity of 1.6 million mt/yr in Qilu Chemical Industrial Park Linzi District of Zibo C

August 10, 2016

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