The future of Quebec's refining industry depends on having access to quality crudes at competitive prices, and this means access to Western oil. This is the conclusion of a submission presented today by Valero Energy Inc. ( Valero") during ...
Tags: Metallurgy, Mineral, Energy, oil, gas
The National Energy Administration has set up a general inspection team to check petroleum processing companies across the country. Zhenghe Group has been very responsive and has actively made preparations. The company gathered data and ...
Tags: Zhenghe Group, prepare, general, oil, refining, inspection
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 said Monday that consumers will need to bear some of the costs of tighter fuel standards, opening the door to higher prices at fuel pumps as the nation balances growing public concern over the environment with worries about inflation. ...
Tags: Fuel Standards, Fuel Pumps
Govt delays approval of CNPC, Sinopec new projects till '13 emissions evaluation The country's two major oil providers - China National Petroleum Corp and China Petroleum and Chemical Corp - have been punished by the Environmental ...
Tags: Oil, Metallurgy, Mineral, Energy
Royal DSM, a life sciences and materials sciences firm based in the Netherlands, has opened new enzyme solutions, oils and fats unit office and laboratory in San Diego, California, US. The new facilities are expected to support the ...
China Knowledge reported that China, the world's second-largest oil consumer, saw its oil processing volume climb 9.1% YoY to 41.61 million tonne in November. According to a statement released by the National Development and Reform ...
Tags: oil processing, energy, China, oil consumer, growth, oil refining
Global thirst for oil will be slightly stronger than expected in the last quarter of 2012 because of demand from China and despite a sharp cutback in Europe recently. The IEA forecast that the growth of demand next year is expected to be ...
Tags: IEA, oil, oil consuming, oil market
Olam International has acquired a 50%stake in Acacia Investments(AI),a business group based in the United Arab Emirates with a strong presence in edible oil refining and distribution in East Africa,for$35m. Olam managing director and Palm ...
Tags: edible oil refining, joint venture, CPO
Fixed asset investment in China's refining industry totaled Yuan 130 billion ($20.9 billion) from January to October, the National Development and Reform Commission said on its website Thursday. This was an 18.2% increase from the same ...
Tags: refining industry, China's refining industry, Refinery Sector Investment
Gulf News reported that the recently issued World Oil Outlook report by OPEC comes at a time when the oil refining industry is passing through many changes around the world. While the refinery distillation capacity is stagnant in the US, ...
Tags: OPEC, oil refining industry, refinery