Oil
Recently, China import fuel oil slid year by year, and the data of JYD showed in 2015 the fuel oil imports totaled 1,556,200 mt, down by 12.69% against 2014, which was 2,346,700 mt in 2013.
March 22, 2016
In January-February, 2016 the domestic asphalt output settled up by 9% YoY to 264,400 mt, and the output in February settled down by 4% MoM to 1.563 million mt, up by 6% YoY.
March 21, 2016
On March 20th, Geo-Jade Petroleum released the announcement on acquisition on 99.99% equity of Longzhou Xinke, whose core assets are the acquisition targets of 100% equity of Canada Bankers,
March 21, 2016
On March 20th, chairman of PetroChina and CEO of Total signed a strategic cooperation agreement in Beijing, and they would further deepen their cooperation on oil & gas business in the world
March 21, 2016
In early March, Commerce Department of China released the list of the first batch of oil product wholesale and storage qualifications, and Sinochem was awarded two seats of all the ten seats
March 18, 2016
In January and February, the oil products market in Zhejiang ran steadily, and the market supply was sufficient. Gasoline consumption continued to rise, and diesel consumption declined viole
March 18, 2016
Domestic oilfields were troubled amid the floor price of crude oil. It’s reported that in the first two months in 2016, Daqing Oilfield suffered a great loss of 5 billion yuan.
March 17, 2016
