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Profits of deep processing units declined amid rising feed gas price

Natural gas supply in several regions was restrained after entering heating season in winter. Meanwhile, run load of refineries fell amid production control and laggard production in Beijing

November 27, 2017

Sinopec targets Xiongan for earth energy

State-owned China Petroleum & Chemical Corp, also known as Sinopec, said it will further develop geothermal energy in Xiongan New Area, Hebei province, as it seeks to make the smog-ridden re

November 27, 2017

Russia, OPEC agree to framework of deal to extend oil production cuts

Russia, OPEC agree to framework of deal to extend oil production cuts: sources

November 27, 2017

Angola cut the crude oil export volume in October

Angola cut the crude oil export volume in October

November 27, 2017

Solvent oil price steadied at low levels

International crude price declined due to the continuous growth of US shale oil output. Later the price rebounded amid the shutdown of Keystone oil pipeline, US crude inventory decrease and

November 27, 2017

D-series solvent oil price moved sideways after rising

Refiners raised their solvent oil offers amid low inventory and upward crude market recently.

November 27, 2017

Feedstock adjustment of cracking units is expected to increase LPG supply

Cracking feedstock of some refineries in China, Japan and South Korea was switched between naphtha and LPG according to the economic performance.

November 27, 2017

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