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

Cargill Has Introduced a New Low-Cost and Easy-to-Use Ingredient

Jun 26, 2014

US-based Cargill has introduced a new low-cost and easy-to-use ingredient known as IngreVita. The new ingredient, which is a blend of oleic canola oil, fish oil and proprietary antioxidants, provides long-chain omega-3s (EPA and DHA) and ...

Tags: Cargill, Ingredient Ingrevita

Sinopec Expects Fuling Shale Gas Project to Reach Production Capacity of 10 BCM/Year

Mar 26, 2014

China Petroleum and Chemical Corp, Sinopec, said Monday it expects its Fuling shale gas project in Chongqing, central China, to reach production capacity of 10 billion cubic meters/year during 2017, up from 600 million cu m/year currently. ...

Tags: Shale Gas, Petroleum, Chemical

Iraq Aims to Boost Its Oil Exports by Nearly 26% to 3.4 Million B/D in 2014

Feb 28, 2014

Iraq aims to boost its oil exports by nearly 26% to 3.4 million b/d in 2014, a senior official said Wednesday. "Exports reached more than 2.7 million b/d this month, and the rate [that] is planned for 2014, including exports from the ...

Tags: Crude Oil, Mineral

India's State-Owned Refiners Are Expected to Turn in a Profit for The Full Year

Feb 19, 2014

India's state-owned refiners, who have all posted net losses over the first nine months of fiscal year 2013-2014 (April-March), are expected to turn in a profit for the full year as the government is likely to fully compensate them for ...

Tags: Refiners, Full-Year Losses

Indian Refiner MRPL Is Close to Completing The Long-Drawn-out Third Phase

Feb 12, 2014

Indian refiner Mangalore Refinery and Petrochemicals Ltd is close to completing the long-drawn-out third phase of its expansion project, which will see a new petroleum fluid catalytic cracker and delayed coker unit come onstream at its 15 ...

Tags: Refinery Expansion, Metallurgy

Swiss Oil Trader Trafigura Is Still Indirectly Supplying Gasoline to Iraq

Feb 18, 2013

Four industry sources have told Reuters that Swiss oil trader Trafigura is still indirectly supplying gasoline to Iraq through another firm, despite being banned from participating in tenders for 2013 after buying oil from Iraqi Kurdistan. ...

Tags: oil trader, oil, gasoline

Iraq Has Sweetened The Terms for Oil Contract Buyers

Jan 25, 2013

Reuters reports that Iraq has sweetened the terms for oil contract buyers and is becoming more competitive on pricing. Oil Minister Abdul Kareem Luaibi [Elaibi], who met customers in Vienna last month on the sidelines of the OPEC meeting, ...

Tags: Iraq, Crude Oil, Price, Quality

KRG Is Proud of The Achievements of Its Oil and Gas Industry

Jan 21, 2013

The Kurdistan Regional Government is proud of the achievements of its oil and gas industry since the fall of the former regime in 2003. It expects the federal government of Iraq to be proud of them, too. Since oil exports from the ...

Tags: KRG, Baghdad, Oil Policy

SOMO Will Take Legal Action Against Companies Exporting Crude Oil

Jan 14, 2013

Iraq’s State Oil Marketing Organization (SOMO) has issued a statement suggesting it will take legal action against companies exporting crude oil without dealing with the central government, including the confiscation of cargoes and ...

Tags: Iraq, crude oil, oil exports, Oil Marketing Company

The Ministry of Electricity Has Taken Over The Task of Inspecting The Fuel

Dec 25, 2012

A member of Iraq’s Oil and Energy parliamentary committee has said that the Ministry of Electricity has taken over the task of inspecting the fuel used in electricity stations from the Ministry of Oil’s State Oil Marketing ...

Tags: Fuel Inspection, Power Stations, Oil, Oil Marketing

Iraq's State Oil Marketing Organisation Has Finalized a Term Deal

Dec 14, 2012

Iraq's State Oil Marketing Organisation has finalized a term deal to buy up to 1.097 million tonnes of gasoil for delivery next year from Swiss trader Vitol and oil major BP. Traders said that the company has agreed to pay a premium of ...

Tags: Iraq's State Oil Marketing Organisation, term deal

SOMO Has This Morning Adjusted Its Official Selling Prices

Dec 10, 2012

Iraq's State Oil Marketing Organisation(SOMO)has this morning adjusted its official selling prices for its Basra Light and Kirkuk crude grades for January. In common with some other countries,Iraq's oil is priced relative to regional ...

Tags: SOMO, oil, Basra Light, Kirkuk crude

LUKoil Has Bought Oil From Kurdistan in Defiance of Baghdad

Nov 28, 2012

Reuters reports that LUKoil,Russian's biggest non-state oil producer,which is believed to be considering buying ExxonMobil's stake in the West Qurna-1 oil field,has bought oil from Kurdistan in defiance of Baghdad. Baghdad has long ...

Tags: LUKoil, ExxonMobil, oil producer, Kurdistan

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