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The First 1 Million mt Capacity ICTL Project Approved

It was reported from Shanxi Weilai Energy & Chemical Co., Ltd that its state-level indirect coal to liquid (ICTL) pilot project, Yankuang Yulin 1 Million mt/yr pilot project, had got approve

October 10, 2014

Petrochemical Industry Maintain Temperate in the First 8 months

China Petroleum and Chemical Industry Federation (CPCIF) recently delivered a report on the industrial economic operation in August.

October 10, 2014

China Becomes the Biggest Petroleum Import State of Oman

According to the Statistical Bureau of Oman, till the end of July this year, the petroleum output in Oman was over 200 million barrels by 1.1% of year-on-year growth.

October 09, 2014

Crude Oil Might be Downward in October

National Development and Reform Commission announced on September 29 that since September 29 zero, the prices of gasoline and diesel were reduced by CNY100 and CNY95 per ton respectively.

October 09, 2014

Huabei Petrochemical Updates 10 Million mt Capacity Refining Project

After 8 years preliminary work, Sinopec Huabei Petrochemical recently started the upgrading and rebuilding project of its 10 million mt capacity refining unit in Renqiu, Hebei province.

October 09, 2014

Crude Oil Prices Waver on Positive China Data, High Supplies

Oil prices held near multi-month lows Tuesday as traders weighed slightly more positive Chinese manufacturing data and an escalation of the conflict in the Middle East against ample global s

October 09, 2014

Australia's ROC, Horizon Find More Oil in Beibu, Offshore China

Australian independent ROC Oil and partner Horizon Oil announced Monday, September 29, they have discovered oil at well WZ12-10-1 in Beibu Gulf Block 22/12, offshore China.

September 29, 2014

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