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Lianyungang Petrochemical Base Development Planning got approval from Jiangsu government

Recently, Jiangsu Province gave official reply on Approval on The Overall Planning of Lianyungang Petrochemical Industrial Base. The approval pointed out that Lianyungang Petrochemical Indus

July 18, 2017

Base oil imports declined in May amid bleak demand

According to General Administration of Customs of the PRC, China imported base oil 259,500 mt in May, 2017, declining 12.11% MoM, the second decrease for the past three months.

July 18, 2017

National VI Standard oil products are going to 28 cities of China

As environmental governance in China became more and more strict in 2017, the largest scale of national-level environmental protection action started in the history. Many environmental polic

July 17, 2017

Some plants in Shandong will conduct maintenance and stop releasing LPG

It was learned by JLC that against environmental protection inspection, Shitong Chemical, Wanfuda Chemical, Runxing Petrochemical, Luqing Petrochemical, Hengyuan Petrochemical, Huanyu Chemic

July 14, 2017

Dagang Petrochemical will finish maintenance

PetroChina Dagang Petrochemical was out of operation from May 16th to May 22nd for maintenance. It planned to resume operation on July 8th, which was delayed to July 15th. To July 13th, CDU

July 14, 2017

Whether international crude price could rebound will be known on July 24th

Guidance: A temporary meeting will be held by oil-producing countries in Russia on July 24th and the focus of this meeting will be whether oil-producing countries can expand crude output cut

July 14, 2017

Oil price increase was limited as U.S. output climbed

The OPEC monthly report released on July 12th (Wednesday) confirmed the fact that OPEC crude output continued rising in June, but such bearish news for the market has been digested before in

July 14, 2017

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