Oil
The LNG industry is expected to see a series of new projects, driven by a growing appetite for natural gas.
January 21, 2015
“LNG development and utilization is vital to our energy security, and it will accelerate energy structure upgrading and clean energy development in China”, said Li Runshen.
January 21, 2015
In January 20th, international crude oil price kept downward under pressure amid Chinese economy growth slowing and on December Iraq crude daily output reaching another record.
January 20, 2015
According to the OPEC, global oil demand increased by 0.95 mb/d in 2014, raising total oil demand to 91.15 mb/d. OECD still accounted for half of oil demand (45.7 mb/d),
January 20, 2015
IEA released on Friday (January 16th) that non-OPEC producers will work out less-than-expected throughout in 2015, which is expected to rebound oil prices to some extent.
January 19, 2015
Affected by dropping transaction of feed stock of blended oil, profit of products from deep-processing plants was narrowed. Producers were cautious about the market trend, reducing the units
January 15, 2015
Liquefied petroleum gas (LPG), with the highest marketization degree in China, takes up 18% of the total urban gas consumption. The Chinese LPG market has been in chaos for long due to lack
January 15, 2015