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Black June has come for bunker amid gloomy market

Entering June, faced with downward crude price and the fourth reduction of oil product price, price decline of shale oil and light coal tar oil dragged down the bunker demand with price fall

June 12, 2015

Pilot run of a Sino-Burma gas pipeline

Immediately following the formal run of Sino-Burma south-route gas pipeline in Kunming, east-route gas pipeline in Kunming began its trial run on June 10th after finishing pressure boosting

June 11, 2015

MLR issues report to produce 6.5 billion cubic meters of shale gas

It is learnt from the Ministry of Land and Resources that China Geological Survey Bureau has held the Shale Gas Research and Appraisal Forum and issued the “China Shale Gas Investigation R

June 11, 2015

How do mineral oil prices change along with oil products adjustment?

Since domestic oil products adjustment was aground on May 25th, 2015, mineral oil and mineral feedstock met selling difficulty amid moderate demand in summer season.

June 11, 2015

Coking margin of Shandong teapots rallied to CNY104/mt

This week, based on CNY4,450/mt of Russia M100 spot ex-stockpile price at Shandong market, price fall of downstream products pushed up the loss of processing imported straight-run oil at Sha

June 11, 2015

NEA proposes to upgrade natural gas price mechanism

The “Special Inspection Report on Guaranteeing Stable Supply of Natural Gas in Beijing, Tianjin and Hebei Province” released by the National Energy Administration on June 4th holds that

June 11, 2015

Guangdong teapots run rate went back to 9.65%

According to JYD statistics from 36 Shandong teapots, up to Jun 10th, CDU run rate sagged 1.4% against the previous week to 44.02% with downwards refining margins amid turbulent crude price

June 10, 2015

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