III . Investment 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 ...
Tags: Shandong, business, introduction to Shandong, Shandong economy, survey
Sri Lanka will sidestep US led sanctions against Iran by diverting its oil payments towards a water management project that Tehran is funding in the island. Mr Ivan de Silva Sri Lankan water resources secretary said that PKR 2 billion ...
Tags: oil payments, crude oil, water management project, US sanctions
Reuters reported that Iran will build millions of barrels of oil storage facilities in the Gulf over the next few months in response to international sanctions on its exports. Mr Mahmoud Zirakchian Zadeh MD of the Iranian Offshore Oil ...
Tags: Oil Storage, oil storage facilities, international sanctions
A senior Iranian energy official said that the country will increase its oil storage capacity in the Persian Gulf by 8.1 million barrels with the construction of new storage facilities. Mr Mahmoud Zirakchian Zadeh MD of Iranian Offshore ...
Tags: Oil Storage, construction of new storage facilities, Persian Gulf
Jordan's imports of crude oil and its derivatives soared to JOD 3.363 billion at the end of September driven by a massive increase of 80 percent in diesel imports. According to a report by the Departments of Statistics, the Kingdom's oil ...
Tags: crude oil, diesel imports, oil bill
II . Economy i. GDP Data The GDP of Qinghai reached RMB54.32 billion yuan in 2005, and the gross production of per capita reached RMB10,043 yuan, In addition, RMB 6.279billion yuan of added value was increased in primary industry, RMB ...
Tags: Qinghai, business, introduction to Qinghai, Qinghai economy, survey
PTI reported that Essar Energy plc, an India focused integrated energy company, reported a 18% rise in core earnings in the 6 months ended September 30th 2012 on back of its British Stanlow refinery turnaround. The London listed firm said ...
Reuters reported that OPEC crude oil output has declined in November to its lowest since January because of disruptions to Nigerian output and reduced supplies from Angola and Libya. A Reuters survey found that supply from the 12 member ...
Reuters reported that Brent crude oil fell below USD 111 per barrel as a lack of progress in US budget talks to avert a fiscal crisis darkened the outlook for demand in the world's biggest oil consumer. Top US Republican lawmaker John ...
Tags: US fiscal, oil, oil consumer
The main factor in determining oil prices next year, whether they will hold near current levels or come off what looks to be the highest ever annual average, will depend on how the economies of the world's main demand centers fare, ...
Tags: Oil Prices, high oil prices, gas
A little heralded change to China's crude import rules may have a much greater impact on Asia's fuel oil market next year further depressing margins for the residue. Industry sources said that China National Chemical Corporation may be ...
Tags: teapot, PetroChina, Sinopec, CNOOC, fuel
Countries in Southeast Asia such as Vietnam, Malaysia, and the Philippines have sufficient sunlight hours which is suitable to develop a strong solar market. Vietnam has relatively high sunshine hours of 2,067 hours per year but lacks ...
Tags: Southeast Asia, solar markets, subsidies
Asian solvent-grade mixed xylenes prices surged $22/mt week on week to a 53-month high of $1,260/mt CFR China Friday on firm demand and low inventory in China over the past three weeks, according to Platts data. The last time the marker ...
Tags: mixed xylenes prices, solvent-grade mixed xylenes, fuel consumption, CFR
The first barrel of ethane from the Bakken field will go to Nova Chemicals' Joffre, Alberta facility to be value added and converted into polyethylene next year, which explains why CEO Randy Woelfel described himself at an industry event in ...
Tags: Shale gas, Petchems, petrochemicals
Williams Partners announced that it has completed the transaction to acquire Williams' approximately 83-percent undivided interest in the Geismar olefins production facility, as well as Williams' refinery-grade propylene splitter for $2.264 ...
Tags: Olefins Business, olefins production facility, olefins production