China Petroleum articles & resources on Made-in-China.com

Massive Fund to Help Reform Giant SOEs

Sep 27, 2016

Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...

Tags: Giant SOEs, nation fund

Sinopec Cuts North China Toluene Prices by 4% on Weak Demand, Yuan

Dec 15, 2015

China Petroleum and Chemical Corp., or Sinopec, has reduced its North China toluene ex-factory offers by Yuan 200/mt ($30.97/mt), or about 4%, Tuesday, amid weakness in demand and the yuan, an industry source said. Its North China ...

Tags: Sinopec, toluene

BASF and Sinopec Inaugurate World-Scale Isononanol Plant in Maoming, China

Oct 15, 2015

BASF and China Petroleum & Chemical Corporation (SINOPEC) inaugurated their world-scale isononanol (INA) plant in Maoming Hi-tech Industrial Development Zone, Maoming, China. The plant will be run by BASF MPCC Company Limited (BMC), which ...

Tags: BASF, SINOPEC, phthalate plasticizers

Retail Price of Gasoline Declined on Friday

Mar 27, 2015

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 Largest Oil Refiner Is Seeking to Cut Its Crude-Purchase Costs

Mar 11, 2015

China's largest oil refiner is seeking to cut its crude-purchase costs as the world's biggest energy consumer looks to benefit from the collapse in benchmark prices. China Petroleum & Chemical Corp, known as Sinopec, has set its trading ...

Tags: Sinopec, oil refiner, Crude Oil

China's Petrochemical Revenue Hits 14.5 Trln Yuan

Nov 27, 2014

The main business revenue of China's petrochemical industry will hit 14.5 trillion yuan (2.36 trillion U.S. dollars) in 2014, according to data released by the China Petroleum and Chemical Industry Federation (CPCIF) on Wednesday. CPCIF ...

Tags: petrochemical industry, petrochemical

China Petroleum Oils Export Trend Analysis, from Jan. to Dec. 2013

Nov 25, 2014

China Petroleum Oils Export Volume and Value, from Jan. to Dec. 2013 Month Volume (Kg) Value (USD) Year-on-Year Volume Value Jan. ...

Tags: Petroleum Oils Export, Petroleum Oils

China's October Crude Imports From Iran Surge 36%

Nov 25, 2014

China's crude imports from its major suppliers, including Iran, rose significantly in October versus a year ago, save for top exporters Saudi Arabia and Angola, detailed data from the General Administration of Customs showed Saturday, ...

Tags: Crude imports, Crude Oil

China Imports The Gasoil to Better Margins

Nov 7, 2014

A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...

Tags: Gasoil, sulfur gasoil, crude oil

China Shale Gas Output Target in The Medium Term

Sep 19, 2014

China has slashed its official target for shale gas production in the medium term by up to a third and now expects to achieve 30 billion cubic meters of output by 2020, according to the country's Ministry of Land and Resources at a briefing ...

Tags: shale gas, Coal

2013 Annual Leader of Energy Efficiency on Oil and Chemical Industry Hosted by China

Aug 20, 2014

"2013 Annual Leader of Energy Efficiency on Oil and Chemical Industry" hosted by China Petroleum and Chemical Industry Federation was held in Beijing recently, and Aeolus Tire was awarded 2013 Annual Leader of Energy Efficiency as their all ...

Tags: Aeolus Tire, Efficiency, Transportation

Ex-Works Butadiene Price was Cut by China's Sinopec

Jun 23, 2014

China Petroleum and Chemical Corp, or Sinopec, has cut its ex-works butadiene price across the country by Yuan 200/mt to Yuan 9,100/mt, sources close to the company said Thursday. On an import parity basis, the new price is calculated at ...

Tags: Sinopec, Butadiene

Sinopec Has Raised Its Ex-Works Butadiene Price by Yuan 200-300/Mt to Yuan 9,000/Mt

Jun 6, 2014

China Petroleum and Chemical Corp., or Sinopec, has raised its ex-works butadiene price across China by Yuan 200-300/mt to Yuan 9,000/mt, or $1,209/mt on an import parity basis, traders said Tuesday. Sinopec last Friday raised its ...

Tags: Butadiene, Sinopec

Sinopec Has Raised Its Ex-Works Butadiene Price by Yuan 100/Mt to Yuan 8,800/Mt

Jun 4, 2014

China Petroleum and Chemical Corp, or Sinopec, has raised its ex-works butadiene price in East China by Yuan 100/mt to Yuan 8,800/mt Friday, traders said. The latest price is equivalent to $1,182/mt on an import parity basis. But the ...

Tags: Sinopec, downstream markets

Sinopec Has Hiked Its Ex-Works Price for Benzene in East China by Yuan 100/Mt

Apr 29, 2014

State-owned China Petroleum and Chemical Corp, or Sinopec, has hiked its ex-works price for benzene in East China by Yuan 100/mt ($16.23/mt), or 1.16%, to Yuan 8,700/mt effective Thursday, an industry source said Friday. The company could ...

Tags: Sinopec, China Petroleum

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