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China refining profits increased three times YoY

The National Bureau of Statistics of China data showed, in January-May China refining oil industries profits increased three times against the previous year to 67.6 billion yuan.

June 30, 2016

DME capacity will continue shrinking in the future

The latest data from JYD shows that run rate of DME unit in China reads 27.72%, down 2.36 percentage points from May, the second record in 2016.

June 30, 2016

Catalytic cracking unit of Luoyang Petrochemical is on fire

On June 29th, some sulfureted hydrogen leaked due to fire of a 1.4 million mt/yr heavy oil catalytic cracking unit of Luoyang Petrochemical. Currently, the accident was being handled without

June 30, 2016

More overhauls of Shandong teapots dragged down the run rate

According to JYD statistics from 41 Shandong teapots, up to June 29th, 2016, the CDU run rate ended down by 0.62 percent WoW to 53.16%.

June 29, 2016

Rizhao Port becomes the first crude import port for Sinopec

In January-May, Rizhao Shihua Crude Wharf Co., Ltd unloaded crude 10.92 million mt of Sinopec intra-system, increasing 8%, and ranked the first of the national six companies of Shihua.

June 29, 2016

EIA crude oil inventory fell in six consecutive weeks

According to reports on 27th June, US EIA crude oil inventory would continue declining, meanwhile, gasoline inventory would slightly increase and refined oil inventory would continue declini

June 29, 2016

Schedule of LPG companies in Shanghai and Zhejiang during G20 Summit

Outage and production restriction schedule of LPG companies in Shanghai and Zhejiang during G20 Summit

June 29, 2016

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