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Yanchang Petroleum’s revenues totaled 114.56 bln yuan in H1

In the first half year of 2016, Yanchang Petroleum Group earned operation revenue 114.56 billion yuan, and donated taxes 16.06 billion yuan, revealing the outstanding contributions to the pr

July 20, 2016

Kuwait intends to promote the privatization of oil industry

Another Gulf States is considering about privatization of oil industry after Saudi Arabia. According to reports by Wall Street Journal on 12th July, Kuwait finance ministry official said tha

July 20, 2016

Development of naphtha aromatization

Domestic deep processing industry has developed rapidly since 2008. LPG deep processing units are renewed times as technologies and products change. Previous C4 aromatization units now keep

July 20, 2016

Jilin Oil Field upgraded the standard to ensure production by flood control

On 30th June, Jinlin Oil Field in rainstorm again. According to hydrological forecast, there was big possibility of flood which would be larger than in 1998 this year.

July 20, 2016

Hunan Province will be supplied with China V oil products since October

According to JYD, since October 1st Hunan Province would be supplied with China V oil products, 3 months in advance than the national regulations.

July 20, 2016

China main refiners crude run grew up again

In July, amid the overhauls reduction, PetroChina and Sinopec crude daily processing volume increased 1.53% MoM.

July 20, 2016

BP was fined $2.5bn for the oil spill in the Gulf of Mexico

Gulf of Mexico Deepwater Horizon oil spill has been over 6 years. But BP is still continuing to pay for this.

July 19, 2016

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