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30,000 mt refined products were confiscated by Zhejiang maritime police

Zhejiang maritime police carried out Blueshield operations since March 2017 to strike illegal activities on the sea. Up to December 15th, 49 illegal refined product trading cases were discov

December 18, 2017

China new energy vehicle sales set a peak amid press measures on traditional fuel ones

In November, China new-energy vehicle sales reached the historical high 119,000, and the total sales in this year amounted 609,000, an increase of 51%. The sales in November made up 4% of th

December 18, 2017

Imported mixed aromatics recorded flat sales amid poor demand

Oil blending traders were not active to purchase amid downward gasoline market, although international crude futures prices moved sideways at high levels. Imported mixed aromatics market was

December 15, 2017

Refined product market is hard to remain strong

Crude price mainly declined from high levels recently. Before, crude price slumped as US fuel oil inventory increased greatly unexpectedly. Later, the price gained upward momentum as Nigeria

December 15, 2017

Gas deep processing market remains dim amid a bear oil market

Profits for olefin deep processing plants were mixed, with those for alkylation and aromatization units rising and isomerization units incurring deeper losses.

December 15, 2017

Independent refineries are enhancing their presence in China oil product market

As independent refineries’ comprehensive refining capacity improves, they will become a key actor in China oil product market.

December 14, 2017

China to set large scale base on isolated island to optimize petrochemical industry layout

Chinese authorities require to optimize and adjust the petrochemical industrial structure in order to promote the green development.The large scale petrochemical industry bases are planned t

December 14, 2017

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