China's refinery crude throughput over January and February dipped 1% year on year to 78.78 million mt, or an average of 9.79 million b/d, according to preliminary data from the country's National Bureau of Statistics released Thursday. ...
China Petroleum and Chemical Corp, or Sinopec, has slashed its ex-works butadiene prices in East and South China by Yuan 1,000/mt ($163/mt) to Yuan 8,500/mt Friday, a Sinopec company source confirmed Tuesday. "I think the main reason [for ...
Tags: butadiene, Sinopec, butadiene prices
Spot LPG prices in South and East China were under pressure this week, amid expectations of import costs for March-arrival cargoes falling with Saudi Aramco setting Contract Prices lower, local traders said Friday. Imported LPG with a ...
Tags: Spot Prices, Import Costs, Chemicals
Recent progress at shale gas projects operated by China's state-owned giants Sinopec and China National Petroleum Corp. suggest the country is on track to meet the 2015 production target set by the central government, analysts said Monday. ...
Tags: Shale Gas, PetroChina
LPG prices in South China surged Yuan 300-600/mt ($49-98/mt) this week as supply fell and demand increased, domestic traders said Friday. Imported LPG, with a propane and butane ratio of 80:20, was heard traded in the range of Yuan ...
Tags: LPG prices, propane
China's recent move to digitally tag fuel cargoes to clamp down on the widespread practice of declaring crude purchases as fuel oil to evade taxes is already seen to be curbing demand for heavy Venezuelan Merey crude from teapot refiners in ...
Tags: Curbing Demand, Tax Change
The Australia Pacific LNG project is currently around 60% complete and remains on track to deliver its first cargo in mid-2015, joint venture partner Origin Energy said Thursday. Origin is the upstream operator of the coalseam gas-based ...
Tags: Pacific LNG, Chemicals
A combination of weak demand and expectations of lower import prices had weighed down on LPG spot prices in southern and eastern China over the week, domestic traders said Wednesday. Spot prices of imported LPG truck cargoes, including ...
Tags: LPG Prices, Import Prices
Geothermal energy is set to play a bigger role as the State-owned Sinopec Group makes inroads into the clean fuel's exploration and development through international technological exchanges designed to reduce the country's carbon footprint. ...
Tags: Energy Source, Geothermal energy
China's top refiner, Sinopec Corp., has discovered a shale gas well located at a depth of 4,417 meters with maximum daily output of 105,000 cubic meters in southwest China, authorities said Wednesday. According to the Ministry of Land and ...
China's shale gas industry could soon be entering its boom years. Thanks to the top two oil and gas giants - China National Petroleum Corp and Sinopec Group - the nation's shale gas output soared from 25 million cubic meters in 2012 to ...
Russia's state-owned Rosneft and China National Petroleum Corporation are in talks over upstream co-operation in Russia, including the Arctic and Far Eastern territories, and could reach concrete agreements by May, Rosneft CEO Igor Sechin ...
Tags: Rosneft, Upstream Pact
The Chinese government has issued a gasoil export quota of 1.9 million mt to state-owned traders Chinaoil and Unipec, sources said Friday. Unipec, the trading arm of state-owned China Petroleum and Chemical Corp., or Sinopec, is ...
China would see a greater shortage of paraxylene (PX) supply in 2014, says a latest report prepared by the economics and technological research institute under the China Petroleum and Chemical Corporation (Sinopec), according to an article ...
Tags: Px Shortage, Px
BEIJING, Jan. 23 (Xinhua) -- China will see a wider shortage of paraxylene (PX) supply in 2014, a research report warned on Thursday. The supply gap will be up to 9.5 million tonnes in 2014, said a report by the economics and technology ...
Tags: PX, Sinopec, Chemical, environment