Oil Importer articles & resources on Made-in-China.com

China's Crude Oil Imports Surpassed Those of The United States in April

May 13, 2015

China's crude oil imports surpassed those of the United States in April, making it the world's largest oil importer, recent data showed. China imported 30.29 million tons of crude oil in April, or about 7.37 million barrels per day, data ...

Tags: Oil Imports, Crude Oil

China Becomes The Largest Net Importer of Crude Oil and Other Liquids in The World

Mar 26, 2014

The US Energy Information Administration says that in September 2013, China’s net imports of petroleum and other liquids exceeded those of the United States on a monthly basis, making it the largest net importer of crude oil and other ...

Tags: Oil Importer, petroleum, liquids production

Shanghai Futures Exchange to Roll out China's First Yuan-Denominated Crude Oil Futures

Mar 17, 2014

The Shanghai Futures Exchange is ready to roll out the country's first yuan-denominated crude oil futures, which it hopes will become a benchmark in Asia before gaining global influence. Yang Maijun, the bourse's chairman, said foreign ...

Tags: Oil Futures, Shanghai Futures Exchange

The United States' Demand Growth for Oil Outstripped China's Last Year for The First Time

Jan 24, 2014

As China's economy increase slows, the United States' demand growth for oil outstripped China's last year for the first time since 1999, according to the Paris-based International Energy Agency. According to an IEA report, US oil demand ...

Tags: Oil Demand, Mineral

Global Demand for Gasoline Will Remain Flat From 2014-2040

Dec 16, 2013

Global demand for gasoline will remain flat from 2014-2040, but global demand for diesel should grow by about 75% over the period to meet the needs of trucks and other commercial transportation, ExxonMobil said Thursday in its annual ...

Tags: Metallurgy, Mineral, Energy, gasoline

China Is Expected to Overtake The United States to Become The World's Largest Oil Importer

Dec 3, 2013

China is expected to overtake the United States to become the world's largest oil importer in the 2020s as emerging economies, instead of developed ones, will claim most of the world's energy supplies, a report says. China will be the ...

Tags: Oil Importer, Oil, Metallurgy, Mineral, Energy

Italian Firm Plans to Build World's Largest Cellulosic Ethanol Plant in China

Nov 25, 2013

Italian firm plans to build world's largest cellulosic ethanol plant in China Commercial manufacture of cellulosic bioethanol from agricultural residue is expected to be given further impetus after commercial production begins in China ...

Tags: Agricultural Waste, Energy

China Will See The Biggest Absolute Increase in Power Generation From Renewable Energy

Nov 14, 2013

Increase will exceed EU, US and Japan combined, says IEA report China will see the biggest absolute increase in power generation from renewable energy in the next 20 years, more than the increase in the European Union, the United States ...

Tags: Renewable Energy

Pressure on Resources to Force Change

Nov 11, 2013

Pressure on resources to force change Greener growth and energy efficiency will be the key words for the future development of China's manufacturing sector in the face of growing pressure on resources and costs, a senior industrial ...

Tags: energy efficiency, Greener growth, chemical industry, low carbon

Reports of China Surpassing The U.S. as The World's Biggest Oil Importer Were Overrated

Oct 18, 2013

Media reports of China surpassing the United States as the world's biggest oil importer as shown by data from a U.S. government agency were somewhat overrated, experts said. Recently published data by the U.S. Energy Information ...

Tags: Oil Imports, Crude Oil, Petroleum Consumption

China's Daily Imports of Crude Rebounded in September

Oct 14, 2013

China's daily imports of crude rebounded in September from the previous month to a fresh record, bearing out forecasts for the country to overtake the United States as the world's largest oil importer, as refineries restarted following ...

Tags: Oil, Iron Ore, Copper

World Oil Demand Will Rise by 1.1% This Year to 90.26 Million Barrels a Day

Oct 10, 2013

World oil demand will rise by 1.1% this year to 90.26 million barrels a day, with gains coming from countries outside of the major industrialized nations, a U.S. government forecast said Tuesday. The Energy Information Administration said ...

Tags: Oil Demand, Oil Use

Govt Is Expected to Raise Import Duty on Refined Edible Oil to 10%, From 7.5% at Present

Sep 27, 2013

The government is expected to raise import duty on refined edible oil to 10%, from 7.5% at present, to protect the domestic oil refining industry. A Cabinet note regarding this has already been circulated by the Food Ministry, sources ...

Tags: Chemicals

China Is Expected to Surpass The US as The World's Largest Oil Importer by 2017

Aug 21, 2013

China is expected to surpass the US as the world's largest oil importer by 2017, and the opposing trend of growing crude oil imports by China and falling imports by the US will affect inter-regional trade flows and the cost to both ...

Tags: oil, Metallurgy, Mineral, Energy

China's Biggest Energy Firm PetroChina Will Join Exxon Mobil

Aug 15, 2013

China's biggest energy firm PetroChina (0857.HK) will join Exxon Mobil (XOM.N) in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil (LKOH.MM) to buy into a second project at the field, industry sources said. ...

Tags: PetroChina, Iraqi Oilfield

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