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The first batch of ordinary trade export quotas for refined products in 2018 has been released

As JLC knows, the Ministry of Commerce (MOC) officially issued the first batch of general trade export quotas for refined products in 2018. The general trade export quotas totaled 16.24 mill

December 28, 2017

China likely to launch its crude oil futures on Jan 18th, 2018

“China is predicted to launch its crude oil futures on January 18th, 2018,” some source from a futures company told the reporter.

December 28, 2017

China to exempt purchase taxes on new energy vehicles from 2018 to 2020

Ministry of Finance, State Administration of Taxation, Ministry of Industry and Information Technology and Ministry of Science and Technology published the "Notice on Exempting Purchase Taxe

December 28, 2017

NEA: Upgrade oil products to promote clean heating in North China

National Energy Agency (NEA) will continue to facilitate the clean heating and oil product upgrading in North China in 2018 to support pollution prevention and control.

December 27, 2017

Ethanol gasoline was used comprehensively in China

Since NDRC and other 15 ministries and commissions have issued Implementation Plan on Enlarging the Production and Promotion of Utilization of Biofuel Ethanol Gasoline in September

December 27, 2017

Sino-Russia crude oil pipeline 2nd-line will start operation on Jan 1st, 2018

Sino-Russia crude oil pipeline the second line project jointly commissioning completely succeed, and on January 1st next year it will be officially put into operation.

December 27, 2017

4 million mt/yr olefin project of Zhejiang Satellite is settled at Lianyungang

Zhejiang Satellite Petrochemical signed Cooperation Framework Agreement on 4 million mt Olefin Comprehensive Utilization Industrial Park with Administrative Committee of Lianyungang Xuwei Ne

December 27, 2017

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