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

China May Apply Brakes to Strategic Oil Reserve Growth

Dec 16, 2015

After more than doubling its strategic oil reserves since last year, China may apply the brakes to its buying spree as storage availability is expected to be limited, while a climate of depressed prices will reduce any urgency to snap up ...

Tags: Oil Reserve, crude, oil price

The US Will Set up Its First Gasoline Reserve, Creating 1m Barrels of Storage in Northeast

May 7, 2014

The US will set up its first strategic gasoline reserve, creating 1 million barrels of storage in the Northeast to protect against storms like Hurricane Sandy, which wreaked havoc on fuel supplies in the region, officials said Friday. But ...

Tags: Gasoline, gasoline reserve

Sinopec Corp Posted Modest Gains in Its 2013 Upstream and Downstream Oil & Gas Production

Mar 27, 2014

State-owned China Petroleum and Chemical Corp, or Sinopec Corp, posted modest gains in its 2013 upstream and downstream oil and gas production and has pledged to reduce its capital expenditure this year. In its annual financial results ...

Tags: Sinopec, Oil, Gas Output, Chemicals

Norway Is One of The Top 10 Oil Producers in The World

Mar 5, 2014

The Norwegian Petroleum Directorate has announced a 4.4% increase in the estimated total recoverable resources offshore Norway to 14.2 billion cubic meters of oil equivalent, boosted by the inclusion of resources from among other things a ...

Tags: Oil, Gas, Mineral

Indonesia's State-Owned Oil and Gas Firm PT Pertamina Aspires Its Net-Profit to Rise

Dec 30, 2013

Indonesia's state-owned oil and gas firm PT Pertamina aspires its net-profit to rise by 12.79 percent to 3.44 billion U.S. dollar next year as the revenue from downstream and upstream business spheres pick up, a statement from the company ...

Tags: State-Owned Oil, Energy

PetroChina Has Not Made a Final Decision for Nassiriya Oil Field Contract

Apr 30, 2013

Chinese oil and gas producer PetroChina Co., Ltd. (SHSE: 601857 and SEHK: 0857) has not made a final decision on whether to participate in an auction Iraq plans to hold for the Nassiriya oil field on December 19 this year. The Iraqi ...

Tags: Metallurgy, Mineral, Energy

Introducing Some Comprehensive Situation of Hebei: Investment

Dec 13, 2012

(i)Policy and Administrative Rules Catalogue of Related Laws Foreign Trade Law of the People's Republic of China Customs Law of the People's Republic of China Law of the People's Republic of China on Import and Export Commodity ...

Tags: Hebei province, survey, economy, investment

The GDP of Xinjiang Reached RMB 260.4 Billion Yuan

Dec 11, 2012

(i) GDP In 2005, the GDP of Xinjiang reached RMB 260.4 billion yuan, 19% of which was produced by the primary industry, 44.7% by the secondary industry and 36.3% by the tertiary industry. The per capita GDP was RMB 13,108 yuan, equal to ...

Tags: Xinjiang Uygur Autonomous Region, survey, economy, investment

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