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Teapots in Shandong Slackening Downtrends

Recently, international crude oil futures were fluctuated. Affected by this, China oil product market ran with moderate volatility; while gasoline and diesel in Shandong got stable after con

September 26, 2014

EPP to Build US Gulf Coast LPG Export Terminal

Enterprise Products Partners LP (EPP) says it will build a 6-6.5 million bbl/month LPG export terminal at a yet-to-be-determined site on the US Gulf Coast. The terminal will load low-ethane

September 26, 2014

Study: Glut of US Ethane to Remain; Exports to Balance Propane, Butane

A new study of US NGL markets from Simmons & Co. International, Houston, sees ethane remaining in oversupply near term and export growth bringing balance to propane and butane markets.

September 26, 2014

Oil Product Upgrading in October

After stepping into October, national oil product market might face another round of product upgrading. On October 1, gasoline in the whole Guangdong province would be upgraded into National

September 23, 2014

National Oil Price Index Continuing to Fall

National oil price index is a comprehensive index founded by Xinhua (Daqing) International Petroleum Information Center through systematic and professional calculation on the basis of collec

September 23, 2014

Cooperation between Shandong and UAE Petrochemical

Shandong is the biggest chemical province in China with special advantages in traditional fields like tire, oil refining and chemical, and petroleum equipments, as well as strategically emer

September 22, 2014

Shengli Crude Oil Process Might be Less Profitable

It was said that the profit of processing Shengli crude oil for Shandong teapots shrank weekly. According to statistics, the theoretical profit would be CNY34/mt, with a weekly fall of CNY26

September 19, 2014

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