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

March Crude Throughput Rises 6% on Year

Apr 18, 2017

China's crude refinery throughput in March rose 5.9% year on year to 47.5 million mt, or an average of 11.23 million b/d, preliminary data released Monday by the National Bureau of Statistics showed. This was the highest year-on-year ...

Tags: crude refinery, Oil

China's Apparent Oil Demand up 5.3% in 2017

Apr 8, 2017

China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...

Tags: oil demand, Oil products

China to Restrict Oil Product Exports in H1 2017

Mar 31, 2017

China is highly likely to restrict oil product exports in the first half of 2017 to flat or below H1 2016 levels amid growing focus on pollution control, curbing excess capacity and international trade flows, sources with knowledge of the ...

Tags: Oil Product, Crude Oil

Front-End Engineering Design Contracts Awarded for Arrow Lng Project, Queensland, Australia

Dec 10, 2016

Arrow Energy, jointly owned by PetroChina and Royal Dutch Shell, will use Shell’s proprietary LNG technology. The engineering design will be undertaken by an international consortium comprising the Chiyoda Corporation, CB&I (Chicago ...

Tags: Arrow Energy, PetroChina, Shell

Confirmation Arrow Energy to Acquire Bow Energy Via Scheme of Arrangement

Dec 9, 2016

Bow Board members have unanimously recommended shareholders vote in favour of the offer, in the absence of a superior proposal and subject to an independent expert concluding that the offer is in the best interests of Bow shareholders. The ...

Tags: Bow, CSG, Arrow

Arrow Energy Welcomes Approval From Bow Energy Shareholders

Dec 9, 2016

It is anticipated the acquisition agreement with Bow Energy will be implemented on 11 January 2012, subject to Australian court approval at a final hearing scheduled for 22 December 2011. Australian and Chinese regulators have already ...

Tags: Bow Energy, acquisition agreement, Arrow

LNG Canada's Joint Venture Participants Delay Timing of Final Investment Decision

Sep 28, 2016

Today, LNG Canada announces that its joint venture participants – Shell, PetroChina, Mitsubishi Corporation and Kogas – have decided to delay a final investment decision on LNG Canada that was planned for end 2016. LNG Canada ...

Tags: LNG Canada, joint venture participants, final investment decision delay

Cnooc and Shell Take Final Investment Decision to Expand Petrochemical Complex in China

Sep 28, 2016

China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50:50 joint venture (JV) in Huizhou, ...

Tags: CNOOC, Shell, final investment decision, expasion

China's Crude Oil Output Sees Sharp Drop

Sep 20, 2016

China's crude oil output fell 9.9 percent year on year in August, the biggest monthly drop since 2003 as refineries slashed production amid sluggish global oil prices, data from the National Bureau of Statistics showed Monday. Imports, on ...

Tags: crude oil, oil prices

China PetroChina Takes on Fuel Oil Storage Tanks

Apr 1, 2016

Major Chinese trader PetroChina Singapore has leased fuel oil storage tanks at Port Klang, Malaysia, with intentions to develop that hub into a bunker fuel supply outlet, said trade sources Thursday. Fuel oil storage capacity at the Port ...

Tags: PetroChina, fuel supply, Fuel oil

Chinese Independent Refiners Step up Gasoil

Feb 21, 2016

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

Sinopec, Petrochina Cut Domestic Oil Product Sales, Boost Exports

Nov 4, 2015

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, ...

Tags: Sinopec and PetroChina, oil products, exports

China's Refinery Throughput Rose 4.3% Year on Year

Aug 13, 2015

China's refinery throughput rose 4.3% year on year to 43.54 million mt or an average 10.30 million b/d in July, preliminary data from the National Bureau of Statistics showed Wednesday. The July rate was down slightly from 10.59 million ...

Tags: Refinery, oil demand

China's Appetite for Imported Naphtha Has Grown

May 31, 2015

China's appetite for imported naphtha has grown since the start of the year on the back of strong demand from petrochemical producers, market sources and traders said this week Imports of the petrochemical feedstock over January-April ...

Tags: Imported Naphtha, Naphtha

China Starts up New Shale Gas Pipelines for Output

May 14, 2015

China's state-owned oil giants Sinopec and China National Petroleum Corp. this month started up dedicated shale gas pipelines that will facilitate deliveries from the only commercial shale gas projects in the country to date as the ...

Tags: Shale Gas, Pipelines

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