China's top economic planner will not adjust domestic retail oil prices as global prices have stayed below the official pricing mechanism, according to an announcement on Tuesday. Under the current mechanism, prices of refined oil ...
Tags: oil prices, refined oil
China's crude oil output fell 9.9 percent year on year in August, the biggest monthly drop since 2003 as refineries slashed production amid sluggish global oil prices, data from the National Bureau of Statistics showed Monday. Imports, on ...
Tags: crude oil, oil prices
Alfa Laval - a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply a solution encompassing various pieces of equipment to a vegetable oil plant in Russia. The order, booked in the ...
Tags: Alfa Laval, Vegitable Oil Plant
China's independent refiners nearly doubled their gasoil and gasoline production in January and output is expected to remain at high levels going forward as they maintain strong run rates, set up reformers, and continue to process light ...
Tags: independent refiners, gasoline
China will not cut its domestic retail fuel prices when international oil prices fall below 40 U.S. dollars a barrel, the country's economic planner said on Wednesday. Previously, China set a ceiling for domestic retail fuel prices, which ...
Tags: Retail Fuel Pricing, oil products
In 2014, the National Combating IPR infringement and Counterfeiting Office (hereinafter referred to as “the Office”) strengthened overall coordination, organized specific campaigns on IPR infringement and counterfeiting ...
According to the monitoring by MOFCOM, the prices of major farm produce in 36 large and medium-sized cities continued falling while those of means of production picked up slightly last week (March 2-March 8). The average price of 18 ...
Tags: farm produce, vegetables, diesel oil
China's top economic planner, the National Development and Reform Commission, announced on late Thursday afternoon that the authority decided to reduce the retail price of gasoline by 240 yuan ($38.73) a metric ton, or 0.18 yuan per liter, ...
Tags: Gasoline Price, Gas
China's consumer price index, a main gauge of inflation, grew 0.8 percent year on year in January, the slowest rise in more than five years, the National Bureau of Statistics announced Tuesday. Food prices, which account for nearly ...
Tags: consumer price index, CPI
Prices of raw materials such as iron ore, coal, crude oil and refined oil have been hitting record low prices on the global market, but import volumes into China. Although the trade balance has continued to be in excess of exports over ...
Tags: Commodity Imports, raw materials
State-owned Bangladesh Petroleum Corp has submitted a formal request to the National Board of Revenue seeking a waiver from local taxes, value added taxes and other duties imposed on refined oil product imports, in order to borrow less from ...
Tags: Petroleum, Tax Waivers, Oil Product
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
With the increasing opening-up of its oil market, China established a nationwide industrial association on Thursday for the distribution of refined oil products, especially gasoline. The new association, the China Petroleum Circulation ...
Tags: Oil Market, China's Oil Market, Industrial Association
When it comes down to it, clean water may be the most precious resource on the plant. All life forms depend on water for their very survival and, as a human being, you can only go about three days without drinking water before dehydration ...
Tags: oil, oil recycling, pollution
China’s weakening demand for domestic diesel for transportation and industrial use has fueled a spike in exports, according to Platts, the international commodities information provider. China’s diesel exports in October ...