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March 26-28,2025

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Industry News
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09 2013-08

China's crude oil imports up 19.6% in Jul

China, the worlds second largest oil consumer after the U.S., imported 26.11 million metric tons of crude oil in Jul this year, 19.6% more than in the same month of last year, according to t.........

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08 2013-08

CNPC buys up oil assets

In a clear sign of Chinas ambitions, China National Petroleum Corp. has already spent more capital on energy assets thus far in the year than any other producer in the world. Now, it appears.........

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06 2013-08

Gas leaks from shale wells rare

Minutes after Debby Kline flicked a lighter near a bathroom sink in her Portage County house in northeastern Ohio, she called the fire department. A sink-to-ceiling flare erupted when she tr.........

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05 2013-08

CPC Corp., Formosa both raise fuel prices

Effective today, fuel prices will rise NT$0.1 per liter but the price of premium diesel will remain unchanged, state-owned oil refiner CPC Corp. (中油) and private competitor Formosa Petrochem.........

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02 2013-08

China's Tianjin Bohai PDH plant to get Algeria propane, second after UAE lot

Chinas state-owned Tianjin Bohai Chemical Industry (Group) will receive its second propane cargo, this time from Algeria, ahead of the scheduled start up of its new propane dehydrogenation, .........

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01 2013-08

Slowing Chinese oil imports hit VLCC owners

Few of the owners of large tankers have reported their results for the second quarter, but Euronav, the Belgian-based owner of a representative fleet of VLCCs and suezmaxes has recorded a lo.........

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31 2013-07

Zhangzhou PX plant blast highlights safety fears

A paraxylene (PX) plant exploded in Fujian province yesterday - just as the Communist Partys main mouthpiece was publishing an article highlighting the industrys safety record. Although the .........

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30 2013-07

Gas pipeline brings added benefits

The Myanmar section of a Myanmar-China natural gas pipeline, a project funded by companies from China, Myanmar, South Korea and India, was inaugurated in Mandalay yesterday as it began to de.........

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29 2013-07

Oil slips after China orders industrial capacity cuts

World oil prices slipped on Friday after China ordered industrial production capacity cuts in the face of slowing economic growth. The government action added to market concerns about weaken.........

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26 2013-07

Singapore prepares for shale impact

The shale revolution is transforming the US economy, and it could soon make its impact felt in Singapore. A stronger US economy and lower energy costs would benefit Singapore, and a future h.........

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25 2013-07

Sinopec signs strategic deal with Wanhua Group

On July 3rd, SINOPEC Chemicals Sales Company signed a strategic cooperation framework agreement from year 2013 to 2018 with Wanhua Chemical Group in Yantai. The agreement is a milestone for .........

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24 2013-07

China's CNPC extends drive for overseas oil assets

Chinas state-owned oil and gas giant China National Petroleum Corp (CNPC) is stepping up its drive for overseas hydrocarbon assets with a flurry of deals in Latin America, Africa and Central.........

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23 2013-07

China to triple unconventional gas supply amid price rise

China will almost triple domestic output of unconventional gas by 2020 as upstream producers boost exploration after a nationwide price increase. Supply is estimated to rise to 120 billion c.........

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22 2013-07

China's Sinopec, PetroChina to skip gasoil exports

Chinas top two refiners -- China Petroleum and Chemical Corp, or Sinopec, and PetroChina -- plan to skip gasoil exports in August and likely in September as well, market sources said Friday..........

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19 2013-07

Myanmar-China gas pipeline starts trial operations

Gas has started to flow in the Myanmar-China natural gas pipeline, marking the start of trial operations, state-owned China National Petroleum Corp. said Wednesday on its website. The valves.........

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