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China blended oil rolled down without barrier

In December, China blended oil EXW prices slid down seeing slumping global crude futures amid heating negative sentiment.

December 11, 2015

Dalian Hengli Petchem to invest in 20-mil mt/yr refinery project

Dalian Hengli Petchem planned to invest 74 billion RMB in integrated petrochemical project with 20 million mt of capacity. It was planned to start production by the end of the 13th five-year

December 11, 2015

Sinopec Cut Oil Product Export Compensation

According to JYD, since December 1st, Sinopec adjusted the export compensation, gasoline decline from CNY20/mt to CNY4/mt, diesel decline from CNY40/mt to CNY13/mt.

December 11, 2015

Tianhai Petro expands the oil tank

Tianhai Petro expands the oil tank

December 11, 2015

Four teapots were granted usage right of import crude officially

Huifeng Petchem, Shouguang Luqing, Jingbo Petchem and Tianhong Chemical were qualified to use import crude 14.45 million mt/yr.

December 10, 2015

The strictest bunker standard to lead to industry reshuffle

Bunker sulfur content standard revealed by the Ministry of Transport recently, the so called “the strictest bunker standard in history", was considered that it will push up bunker traders

December 10, 2015

Loss of Guangdong teapots shrank to CNY167/mt

Loss of Guangdong teapots shrank to CNY167/mt

December 10, 2015

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