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Rosneft will acquire 30% equity of China National Chemical

Rosneft announced on June 20th, 2015, a memorandum was signed with subsidiary of CCPC to prepare for purchase of 30% equity of China National Chemical.

June 23, 2015

26.6% increase of import and export along Belt-and-Road

26.6% increase of import and export along Belt-and-Road

June 23, 2015

Crude rally leads to good margins for main refineries

In first half of 2015, the main refineries gained good profits digging out of half year of losses in 2014. Gasoline margins caught up with and surpassed the previous year’s level, as well

June 19, 2015

Slack trend of oil blending squeezed profit margin of deep-processing plants

This week, profit margin of deep-processing plants, though climbed, averaged lower than last week. According to JYD, the gross profit of alkylation unit averaged at CNY313/mt, down by 32.5%

June 19, 2015

Energy layout changes with speed-up in cross-regional expansion

The supply and demand pattern of global energy industry has been deeply influenced since the revolution of shale gas and oil in U.S. According to a latest energy report from BP, U.S. has rep

June 19, 2015

Fast development of distributed natural gas

By the end of 2014, overall installed capacity of distributed natural gas projects, including finished projects and those under construction, had reached 3,800,000 kilowatt, according to the

June 18, 2015

Bottled gas in Huzhou drops again

On June 15th, Miss Chen, a resident in Huzhou, Zhejiang Province was quoted as saying, “Price of bottled gas drops again to as low as CNY90, it is very cheap now”.

June 18, 2015

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