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You site : News - China Oil, Gas & Petrochemicals

『 SHFE fuel oil futures dip on weakening crude 』 [2010-3-11]

Shanghai Futures Exchange (SHFE) fuel oil prices fell on March 10 after international crude oil prices weakened overnight. The most-traded May contract closed the session down RMB 2 ($0.29), or 0.04 percent, to RMB 4,560 ($667.64)
... [ more ]

『 Sinopec mulls project to expand integrated oil refinery and petrochemical complex in Fujian 』 [2010-3-10]

China's number one oil refiner Sinopec is mulling a partnership with ExxonMobil and Saudi Aramco to expand it's existing integrated oil refinery and petrochemical complex in Fujian with a refinery to process 12 mln tons of crude an
... [ more ]

『 A new round of expansion at Sinopec-BASF Nanjing production site 』 [2010-3-10]

In a bid to meet rising domestic demand, a fresh round of expansion is currently underway at Sinopec-BASF partnered BASF-YPC Co Ltd complex at a total outlay of US$1.4 bln.
The move conforms with China's stimulus plan for the p
... [ more ]

『 Sinopec Shanghai Petrochem expects fuel hike soon 』 [2010-3-10]

Shanghai Petrochemical Corp (0338.HK), a unit of Sinopec Corp (0386.HK),600688.SS>, expects the government to raise refined fuel prices soon, the Shanghai-based company's chief said on Tuesday.

... [ more ]

『 Construction started on first underground gas storage reservoir in Chongqing 』 [2010-3-10]

PetroChina Southwest Oil and Gas Field Company has started construction on its underground gas storage reservoir, said Li Fuqiang, Senior Engineer of PetroChina Southwest Oil and Gas Field Company.

[ more ]

『 National Petroleum Reserve Base Phase Ⅱ Project to start construction 』 [2010-3-10]

The preparatory work of the National Petroleum Reserve Base Phase Ⅱ Project has been finished, said Director of the Guangdong Provincial Development and Reform Commission Li Miaojuan in an interview on the sidelines of the “Two Ses
... [ more ]

『 China crude oil imports exceed 50 pct of total consumption 』 [2010-3-10]

China's oil imports will continue to see solid growth this year, with more than half of the country's total oil consumption coming from abroad, industry insiders said.

It is inevitable for the count
... [ more ]

『 China plans second phase of oil stockpile 』 [2010-3-10]

China has started "preliminary work" on the second phase of its emergency oil reserves in Guangdong to help bolster energy security and meet demand, the head of the province's economic planning agency said.

... [ more ]

『 Oil Pares Losses on Fuel Demand Outlook as China’s Imports Gain 』 [2010-3-10]

Oil pared losses to trade above $81 a barrel in New York on optimism fuel demand will recover after imports into China, the world’s second-biggest energy user, rose more than estimated.

Oil par
... [ more ]

『 Sinopec Shanghai Petrochemical plans record-high cruderun in 2010 』 [2010-3-10]

Sinopec Shanghai Petrochemical plans to process record-high crude oil in 2010, said general manager Rong Guangdao on Tuesday.

According to Rong, Shanghai Petrochemical will process 10.70 million
... [ more ]
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