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Sinopec Anqing hazardous chemical terminal and pipeline relocation projects

The project is located in Anqing City of Anhui Province and invested by Sinopec Anqing, including the construction of hazardous chemicals terminals and oil and gas pipelines relocation proje

June 23, 2017

Shandong ports oil inventory slid to 1.96 mln mt amid teapots overhauls

The data from JLC showed in Shandong the coastal ports' crude oil and fuel oil commercial inventory continued decreasing, and on June 22nd the total stocks in Qingdao, Longkou, Laizhou and R

June 23, 2017

Sinopec stopped purchasing gasoline since June

According to JLC, Sinopec since June basically stopped purchasing gasoline outside. All along, the main refineries in order to reduce costs are scheduled to arrange procurements from teapots

June 23, 2017

Analysts: crude oil price may fall to $30/bbl

Analysts expressed that before crude oil price turned stable, it may fall to $30/bbl, which would made OPEC and non-OPEC countries suffered much

June 22, 2017

Indonesia has been ready to export biodiesel 9 mln mt to China

Indonesia said it had been ready for supplying China biodiesel 9 million mt per year.

June 22, 2017

Tianjin Petrochemical starts refining oil upgrade projects

Recently, Tianjin Petrochemical started the project for restructuring the refining oil products and upgrading oil products quality, including 5 newly-constructed units and 3 transforming uni

June 22, 2017

Floating crude oil inventory would be another threat to the oil price

According to the foreign media, Singapore traders said, at present there are more than 50 VLCCs storing oil above 60 million barrels in the world.

June 22, 2017

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