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More teapots are preparing for exporting oil products

After two months of the second batch of oil products exports quota issuing, the teapots all are preparing exporting oil products. The market also focused on Dongming Petrochemical and Sinoch

May 18, 2016

Saudi Aramco signs LPG supply contract with Yantai Wanhua

The biggest crude oil exporter, Arabian American Oil Company signs a 200 million dollars LPG supply contract with Wanhua Chemistry (Yantai) Petrochemical Co. LTd (hereafter short as “Yanta

May 18, 2016

NORINCO will export diesel for first time

According to JYD, China North Industries Group Corporation (NORINCO), Liaoning Huajin Group, will export the diesel cargos for the first time independently, about 35,000-36,000 mt

May 17, 2016

China increasing refining demand boosts the global crude consumption

China refineries demand set a historical record, coupled with domestic crude output decline, so that the global crude oversupply was relieved.

May 17, 2016

Changling Petchem will produce oil products with National V Standard in 2017

Changling Petchem will produce oil products with National V Standard in 2017

May 17, 2016

China oil & gas exploration industry investment declined 27.5% in Jan-Apr

China’s National Bureau of Statistics released the data, in January-April the petroleum and gas exploration industry investment settled down by 27.5% YoY to 46.9 billion yuan, and the inve

May 17, 2016

Intensive maintenance in Shandong affects the market significantly

In the second quarter of 2016, refineries in many regions conduct maintenance, scheduled or unscheduled.

May 17, 2016

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