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
China has more than doubled its first round oil product export quotas to 20.93 million mt from a year ago to 27 refineries in 2016, industry sources told Platts Tuesday. It contrasted to the 9.75 million mt released for the same period ...
Tags: oil product, gasoline
The Chinese government Tuesday refrained from adjusting retail oil product prices in line with global crude oil fluctuations for the first time in nearly three years, sending a strong signal to the market that it believes prices may have ...
Tags: oil product, crude oil
Indonesia's state-owned oil and gas company Pertamina has signed a heads of agreement for a $5.5 billion upgrade of the Cilacap refinery with Saudi Aramco, president director Dwi Soetjipto said in a statement Thursday. The project is ...
Tags: crude distillation, refinery, sour crude
South Korea's crude oil imports fell 3.7% on year in November, marking the first decline in more than a year. The country imported 79.9 million barrels of crude oil in November, down from 83 million barrels a year earlier, preliminary ...
Tags: Crude Imports, oil products
China's crude oil imports rose 9.4% on year to 26.35 million mt in October, or 6.23 million b/d, preliminary data released by the General Administration of Customs Sunday showed. The October imports were 8.8% lower from September's 6.829 ...
Tags: Crude Oil, crude exports
China's state-owned oil giants Sinopec and PetroChina reported a modest 1.73 million mt or 0.7% increase in their domestic oil products sales in the first nine months of 2015, but exports rose by 2.59 million mt or 12% in the same period, ...
BASF will expand its emollients and waxes production capacity with a new plant at its site in Jinshan, Shanghai. The investment, complementing the current production of wax esters, emulsifiers and primary surfactants in Jinshan, will ...
Tags: BASF, Emollients, waxes
PPG Industries' protective and marine coatings business has unveiled NOVAGUARD 810 tank storage coating, which provides outstanding resistance to a wide range of chemical and oil products. The solvent-free coating minimizes application ...
Tags: Marine Coatings bull, paint pigment, coating
China plans to bring forward the introduction of National Phase 5 motor gasoline and gasoil emission standards nationwide by one year to January 1, 2017, the State Council said Tuesday, April 28. All 11 provinces in eastern China will ...
Tags: National Phase 5, Motor Gasoline
China introduced new measures on Tuesday to accelerate the quality upgrading of refined gasoline.Quality upgrading is key to preventing and controlling air pollution and will help improve the environment and living standards, said a ...
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
The U.S. Environmental Protection Agency (EPA) today announced a settlement with three companies affiliated with Shell Oil Company to resolve Clean Air Act violations, including selling gasoline and diesel fuel that did not conform to ...
Tags: Vehicle Fuel Standards, gasoline, Auto
China this week issued the first round of oil product export quotas for 2015, with volumes totaling 9.75 million mt, industry sources said Wednesday, January 14. This is significantly more than the roughly 8 million mt of quotas that were ...
Tags: Oil Export, Crude Oil