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Singapore-China Gasoline and Diesel Arbitrage Narrows

According to JYD, China’s oil product market remained downward during October 8 and October 27. In the traditionally peak season, the transaction kept flat and sellers, driven by downturn

November 04, 2014

Liaoning Chengda and Baota Petrochemical Jointly Develops Xinjiang Shale Oil Industry

On October 28, Liaoning Chengda, a leading company in China’s oil shale development, signed a strategic agreement with Baota Petrochemical Group on jointly developing the shale oil industr

October 31, 2014

China September Oil Apparent Demand Rose by 7.4% YoY

In September, China’s oil apparent demand was 42.34 million mt (10.35 million barrels per day on average), increasing by 7.4% on a yearly basis. This growth was the second top figure after

October 31, 2014

CNOOC Q3 Oil & Gas Sales Revenue Reaches CNY53.6 Billion

Based on the unaudited announcement for the third quarter of 2014, China National Offshore Oil Corporation (CNOOC) has gained the revenue of CNY53.6 billion for oil and gas sales, decreasing

October 31, 2014

Yulin Accelerates the Construction of 1 Million mt/yr CTL Project

Shanxi Weilai Energy & Chemical Co., Ltd. has just got its Yankuang Yulin one million mt/yr CTO project approved as demonstration one.

October 31, 2014

Ningxia Petrochemical Delivers First Tank of National Standard IV Diesel

On October 16th, Ningxia Petrochemical delivered 13,513 mt of diesel, the first tank of 0-Ron vehicle-use diesel under National Standard IV after the turnaround and technology update of its

October 31, 2014

Crude Oil Supply from Kuwait Soars 65%

According to the latest statistics released by Kuwait government, its crude oil export to China, the world second largest consumer, in September soared 64.5% year on year to 1.17 million mt,

October 31, 2014

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