oil refiner articles & resources on Made-in-China.com

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

Shale Gas Industry on The Rise in China

Dec 31, 2015

In China's financial hub Shanghai, kitchen stoves now use a new energy source: shale gas, a clean energy that travels more than 1,600 kilometers to the city's homes via a series of pipelines. China has recently made breakthroughs in shale ...

Tags: Shale Gas Industry

Sinopec Acquires 10 Pct Share of Russia's Sibur

Dec 22, 2015

China's largest oil refiner Sinopec has completed a deal to acquire a 10 percent share of Russia's largest gas processing company Sibur. Under the deal, Sinopec will have the right to nominate a representative to Sibur's board of ...

Tags: Sinopec, Russia's Sibur

China's Largest Oil Refiner Is Seeking to Cut Its Crude-Purchase Costs

Mar 11, 2015

China's largest oil refiner is seeking to cut its crude-purchase costs as the world's biggest energy consumer looks to benefit from the collapse in benchmark prices. China Petroleum & Chemical Corp, known as Sinopec, has set its trading ...

Tags: Sinopec, oil refiner, Crude Oil

SK & Lanztech Partner to Develop a New Process Technology for Production of 1,3 Butadiene

Oct 24, 2013

SK innovation, one of the world's leading energy and petrochemical companies, and LanzaTech, a producer of low-carbon fuels and chemicals from waste gases, announced an agreement to develop a new process technology for the production of 1,3 ...

Tags: SK&Lanztech, Butadiene Technology

Chinese Oil Companies Are Becoming More Active in The International Crude Trading Market

Sep 29, 2013

Chinese 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

Philippines' Largest Oil Refiner and Marketeer Petron Corp Has Sold 22 Million Barrels

May 9, 2013

The Philippines' largest oil refiner and marketeer Petron Corp has sold 22 million barrels of oil products in the first quarter of this year, rising 66% from the same period in 2012, the company said in a statement Monday. The increase ...

Tags: Petron, Oil Products

Taiwan October Crude Oil Imports More Than 99% of Its Crude Oil Needs

Dec 20, 2012

According to statistics released by the Bureau of Energy of the island, Taiwan, which imports more than 99% of its crude oil needs, imported 28.16 million barrels of crude oil in October this year, down 7.5% compared with the same period of ...

Tags: crude oil, down, CPC Corp, petroleum, natural gas, gasoline

PetroChina Co., The Second-Largest Oil Refiner, Dropped to a Record Low

Jun 12, 2012

China's stocks fell the most in six months after the nation's non-manufacturing industries expanded at a slower pace for a second month and fewer U. S. Jobs were added than economists estimated. PetroChina Co., the second-largest oil ...

Tags: maket view, construction machinery

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