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Excluding securities industry, China GDP growth was 6%

Research institution CEBM indicated that China GDP growth was only 6% in the second quarter excluding securities industry.

July 20, 2015

Singapore gasoline export loss inched up to CNY638/mt

According to JYD, import margin of Singapore gasoline for South China-based importers suffered a sharp decline of CNY350/mt to -CNY82/mt on average during July 1st-15th.

July 20, 2015

CNOOC Canada subsidiary Nixon oil-conveying pipe had spill incident

On July 17th morning, 2015, Beijing standard time, according to Alberta Energy Administration, CNOOC Canada subsidiary Nixon announced that spill incident totaled around 31.5 thousand barrel

July 17, 2015

SOE joints for considerable oil product retail margin

Recently, Chongqing Highway Group claimed that its first own-and-controlled petrol station had been put into operation officially, cooperating with PetroChina and Sichuan Reserves Administra

July 17, 2015

MLR sets standards for exploitation ratio, recovery ratio & comprehensive utilization ratio

In order to enhance rational development and comprehensive utilization of oil and gas and encourage energy saving, the Ministry of Land and Resources (MLR) has recently set the standards for

July 16, 2015

Oil & gas increase in Shaanxi Province

Shaanxi Province has recently discovered 16 new deposits with a total value of CNY2.48 trillion, including 1,293 million metric tons of oil; 698,600 million cubic meters of natural gas; 16,3

July 16, 2015

Maoming Petrochemical’s expansion project will start operation in 2017

According to JYD, Maoming Petrochemical orchestrated the previous preparation of constructing a continuous catalytic reforming (CCR) unit 1.5 million mt/yr, which would be put into operation

July 16, 2015

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