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Rosneft
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Sinopec, Rosneft to Do Prefeasibility Study for Gas Processing and Petrochemical Complex in East Siberia
Sep 28, 2016After signing the agreement, Wang Yupu (R) shakes hands with Igor Sechin (L). On Sept. 2, Sinopec and Russia’s Rosneft signed at the Eastern Economic Forum a binding agreement on a joint prefeasibility study for the construction and ...
Tags: Sinopec, Rosneft, joint prefeasibility study
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Crude Oil Imports Continue on High Run Rates
Jan 16, 2016With oil product stocks at moderate levels, Shandong's teapot refineries have kept refinery run rates relatively high, which is supporting demand for feedstock crudes, sources said this week. Regular importer Beifang Asphalt Fuel in ...
Tags: oil product, bitumen
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China, Russia Sign Over 30 Deals During Medvedev Visit
Dec 18, 2015Chinese Premier Li Keqiang (R) holds a welcoming ceremony for Russian counterpart Dmitry Medvedev for the 20th China-Russia Prime Ministers' Regular Meeting in Beijing on Dec. 17, 2015. [Photo: gov.cn] China and Russia signed more than 30 ...
Tags: energy, investment, finance, bilateral cooperation
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China, Russia Sign 30 Cooperation Documents
Dec 18, 2015Chinese Premier Li Keqiang (R) and Russian Prime Minister Dmitry Medvedev meet the press after the 20th China-Russia Prime Ministers' Regular Meeting in Beijing, capital of China, Dec. 17, 2015. [Photo: Xinhua] China and Russia signed ...
Tags: oil, gas, financial cooperation
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Trafigura Grows Trading Volumes Amid Crude Oil Oversupply, Volatility
Dec 15, 2015Switzerland-based commodity trading house Trafigura said Monday that falling oil prices, significant volatility, structural oversupply and the emergence of contango price structures have created significant opportunities in the crude and ...
Tags: Trafigura, oil prices, crude oil
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Fossil Fuel Sector Seen Risking $2.2 Trillion on Stranded Assets
Nov 25, 2015Fossil fuel companies risk wasting up to $2.2 trillion in the next decade by pursuing projects that could be uneconomic in the face of international action to limit climate change, UK-based financial think-tank Carbon Tracker Initiative ...
Tags: Fossil Fuel, natural gas, oil shale, oil sands
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Shandong Teapot Refiners to Ramp up Crude Imports
Nov 23, 2015Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...
Tags: Teapot Refiners, crude oil
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China Bitumen Blend Demand Continues to Ease
Nov 7, 2015Demand for imported crude, petroleum bitumen blend and straight-run fuel oil by independent teapot refineries in China's eastern Shandong province was relatively weak over this week, given narrowing refining margins on lower oil prices in ...
Tags: crude, petroleum bitumen, fuel oil
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China: Little Interest Seen for Russian Tender
Sep 12, 2015China's independent teapot refiners are showing little interest in participating in Russian M100 tenders that are set to be issued in late September or early October, market sources said Thursday. Only two 40,000 mt cargoes of Russian ...
Tags: Teapot Refineries, Refineries
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China's Nov Russian Crude Imports Hit Record High
Dec 27, 2014China's crude imports from its major suppliers rose significantly in November versus a year ago, with Russian cargoes hitting a record high, although shipments from top exporter Saudi Arabia fell 5.9% to 3.99 million mt, detailed data from ...
Tags: Crude Imports, pipeline oil
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US Media Reported That Apple Sold 10 Million Iphones in The Opening Week
Oct 29, 2014US media reported that Apple sold 10 million iPhones in the opening week, breaking its previous record. Apple is now the second most profitable company by selling highly sophisticated products with high profits. The Industrial and ...
Tags: Most Profitable Company, ICBC
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China New Policy on Russia Oil
Oct 2, 2014China stands to gain much more than oil from deepening Western sanctions on Russia. Already in May, Moscow's tenuous international position prompted it to make concessions in order to sign a landmark gas supply agreement – the "Power ...
Tags: Oil, Metallurgy, Mineral, Energy
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ChTPZ Group Announced That Its Pervouralsky Novotrubny Works Has Upgraded Its 9330 Machine
Sep 3, 2014Russia-based steel pipe producer ChTPZ Group has announced that its Pervouralsky Novotrubny Works has upgraded its 9330 machine used for fine turning of the outer surface of 72-160 mm pipes. Most pipes treated by this machine are used for ...
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BP Announced Its Financial Results for The Second Quarter of 2014
Jul 30, 2014BP announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the ...
Tags: oil production, gas production
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Rosneft's Crude Production Will Amount to 55 Million Mt/Year
Mar 4, 2014Rosneft estimates that crude production from its East Siberian and Russian Far Eastern projects will amount to 55 million mt/year, or 1.1 million b/d, by 2025, a spokesman at Rosneft said Friday. To achieve this, the company plans to ...
Tags: Rosneft, Crude Output