China Petroleum and Chemical Corp, or Sinopec, slashed its ex-works prices for styrene-butadiene rubber by 5-6% effective Wednesday, end-users said. With the latest cut, Sinopec Qilu Petrochemical is offering SBR1502 in East China at Yuan ...
The price spread between CFR Far East Asia polypropylene and feedstock propylene narrowed to flat, with both prices assessed at $1,425/mt on Friday, according to Platts data. PP prices shed $5/mt day on day to $1,425/mt CFR Far East Asia ...
China Petroleum and Chemical Corp, or Sinopec, has cut its ex-works price for butadiene for a third time in June, reducing it by Yuan 500/mt, or 5%, effective Thursday, end-users said. Sinopec's subsidiaries in East, North and South China ...
Tags: China's Sinopec, Petroleum
China National Petroleum Corp. (CNPC) announced acquisition of a 20 percent stake in Novatek-led Yamal LNG project on June 24. The Chinese oil and gas producer said yesterday that it had signed an agreement with Novatek, the ...
China's state-owned refiners plan to run their refineries at around 81% of capacity in June, a rise of three percentage points from 78% in May, Platts monthly survey showed Monday. The survey this month covered 11 Sinopec refineries, ...
Tags: China Refiners, Sinopec, PetroChina
Gasoil exports from China's state-owned trading company Unipec -- which accounted for most of the country's gasoil shipments so far this year -- are expected to be minimal in June and July following reduced volumes in May, because the ...
Chinese oil and gas producers show rising interest in oil exploration and development in the arctic regions nowadays. An insider with China Petroleum Corp. (Sinopec Group), one of the top two oil and gas producers in the Chinese mainland, ...
Non-OECD Asia, especially China and India, will slowly but surely join the club of countries with underground gas storage facilities as gas demand grows and security of supply becomes imperative, a senior executive with Storengy, GDF Suez's ...
Tags: Chemicals, underground gas
Chinese oil giant Sinopec is expected to see drilling right of an oil field operated by its subsidiary Addax Petroleum in Gabon be withdrawn by local government. Etienne Ngoubou, a senior official with the Gabonese government, disclosed ...
Tags: Metallurgy, Sinopec
There has been some uneconomic duplication of facilities such as loading jetties at the three LNG export projects being built on Curtis Island offshore the eastern Australian port of Gladstone, a senior executive at one of the projects ...
Tags: LNG Terminals, Chemicals
BASF and SINOPEC are considering the extension of their Nanjing joint venture BASF-YPC Company Limited with the expansion of existing ethylene oxide (EO) production, and a new plant for neopentylglycol (NPG). BASF-YPC will further expand ...
Saudi Aramco boosted its crude production to a record 9.506 million b/d in 2012, excluding blended natural gas liquids, up 5% from 9.068 million b/d in 2011, the company said in its latest annual report. "During 2012 at Saudi Aramco, we ...
Tags: Saudi Aramco, Crude Output
INEOS Nitriles and Tianjin Bohai Chemical Industry Group Corporation have signed a non binding Heads of Terms, setting out their intention to establish a 50/50 Joint Venture, to build and operate a world scale Acrylonitrile plant to be ...
Tags: Textile
Sinopec Yizheng Chemical Fibre put the polyester chip project with annual production capacity of 200,000 tons a year into successful use on May 11, marking a new step on building the major business polyester and speeding up product ...
Tags: Sinopec, Metallurgy, Mineral, Energy
Sinopec Engineering (SEHK: 2386) has recorded over-subscriptions of more than 28 times and frozen capital of about CNY 25.7 billion by the afternoon of May 15, the third largest stock by frozen capital following Time Watch Investments with ...
Tags: Sinopec, Metallurgy, Mineral, Energy