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Bitumen output gained greatly in April

In April, domestic bitumen output totaled at 1.944 million mt, up by 7.2% MoM, or up by 31% YoY, due to the upwards expectation. The total bitumen output in the first quarter reached 6.809 m

May 28, 2015

Residential gas demand in Shandong will slightly shrink in June

With temperature rising steadily, residential gas producers increasingly estimate that price will hit the bottom. Therefore, quite a lot of gas stations might wait for this bottom price. How

May 28, 2015

2015 May China LPG supply increased on-month

Liaohe Petrochemical was the only major refinery recovered normal output in the end of May, leaving no substantial growth to the gross supply. According to JYD, LPG output from major refiner

May 28, 2015

China is abundant in oil and gas

The latest assessment on the reserve of domestic oil and gas released by the Ministry of Land and Resources indicates that conventional oil and gas resources in China are abundant in total a

May 27, 2015

Technological innovation and market mechanism needed in the development of CBM exploration

On May 18th, Sun Maoyuan, expert of the Expert Consultative Committee of the National Energy Commission, said that coal bed methane (CBM) exploration in China is still in the starting stage,

May 27, 2015

China first overseas LNG base starts operation

The Curtis LNG project is expected to secure an annual LNG supply of 3.6 million tons for China for 20 years. Line 1 has delivered 16 vessels of LNG since its production trial in January, 20

May 27, 2015

Central enterprises' reorganization will likely wave to new peak

Specialist from SASA research center introduced that central enterprises’ structure adjustment can be divided into two forms. One is among different central enterprises, while the other is

May 27, 2015

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