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Saudi Aramco and PetroChina planned to sign investment deal in six months

On August 23rd, Saudi Arabian energy minister Khalid al-Falih said in an interview that Saudi Aramco was expected to sign a final agreement with PetroChina in six months. This agreement invo

August 28, 2017

Alkylation unit run rate remained medium and profit rose

The above chart told us that alkylation profits were lucrative in July and August. According to JLC, the gross profit of alkylation unit was CNY639.82/mt up to August 25th, up CNY250.1/mt or

August 28, 2017

LPG deep processing-alkylation unit (one)

Domestic LPG deep processing units developed rapidly after emerging in 2010. LPG deep processing capacity totaled around 25 million mt/yr in 2013. The capacity doubled in 2016 and broke 50 m

August 28, 2017

China July LPG imports fall

China imported 1.3659 million mt LPG totally and exported 134,800 mt in July. Operation quantities of wharfs stayed at reasonable level.

August 28, 2017

Typhoon and environmental protection inspection came to South China fuel oil market

South China, as the starting place of fuel oil, was brilliant once. But South China fuel oil market has been on the decline in recent years. Recently, lots of big challenges happened to Sout

August 28, 2017

Russia has become China’s largest source of crude import for the fifth straight month

According to the data issued by General Administration of Customs of the PRC, Russia has become China’s largest source of crude import for the fifth straight month in July.

August 25, 2017

Run rate of alkane deep processing units from June to August

Run rate of domestic alkane deep processing units kept stable in early June. From middle and late June, the run rate fell as plants conducted maintenance successively.

August 25, 2017

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