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Sinopec and PetroChina
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Chinese Independent Refiners Step up Gasoil
Feb 21, 2016China'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
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Sinopec, Petrochina Cut Domestic Oil Product Sales, Boost Exports
Nov 4, 2015China'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, ...
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China Starts up New Shale Gas Pipelines for Output
May 14, 2015China'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 ...
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Sinopec, PetroChina Connect Two Gas Pipelines
Apr 29, 2015China's state-owned oil giants Sinopec and PetroChina successfully connected the Sichuan-East China gas pipeline with the second West-East gas pipeline over weekend, Sinopec said Monday, April 27. The connection is in Hubei province's ...
Tags: Crude Oil, Gas Pipeline
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Chinese Oil Companies Are Becoming More Active in The International Crude Trading Market
Sep 29, 2013Chinese oil companies are becoming more active in the international crude trading market, rather than just acquiring the fuel for domestic use. China's top oil refiner, Sinopec Group, has purchased crude from the Forties oil field, the ...
Tags: oil refiner, Sinopec
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China's State Refiners Continued to Suffer in The Downstream in The Second Quarter
Aug 29, 2013Despite a new oil product pricing mechanism introduced by the central government in March, China's state refiners continued to suffer in the downstream in the second quarter because of poor domestic demand, their interim results showed. ...
Tags: oil product, gasoil demand
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Dragon Aromatics' Startup of Its 800,000 Mt/year Paraxylene Plant in China's Fujian
Feb 7, 2013Dragon Aromatics' startup of its 800,000 mt/year paraxylene plant in China's Fujian province may not proceed as planned in March due to regulatory scrutiny about changes to its feedstock mix, some market sources said Tuesday. China's ...
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China's State Administration of Taxation Announced a Series of Measures to Take Effect
Dec 6, 2012The Chinese government's latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources ...
Tags: Tax on MTBE, Gasoline, aromatics
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