South Korean base oil profits surged in the second quarter
Time of Update: 2022-08-15
According to the latest news from Asia Lubricant Weekly, compared with the performance of the second quarter of 2019, South Korean base oil refiner GS Caltex and Hyundai Shell Base Oil both increased their operating profits in the second quarter and sales revenue.
The 4th China (Baoji) International Industrial Products Sourcing Exhibition (Petroleum Equipment International Sourcing Conference) opened
Time of Update: 2022-07-05
This exhibition builds an online live broadcast platform to simultaneously live broadcast the opening ceremony and forum activities of the exhibition, and invites exhibitors to promote new products and new technologies through online live broadcasts to build a high-end exchange and cooperation platform for the development of the oil and gas equipment industry .
The Russian Minister of Energy stated that the "Beixi-2" natural gas pipeline will be completed despite certain difficulties
Time of Update: 2022-07-02
According to a report by the Russian News Agency Today on the 7th, Novak said when attending an event in Moscow Oblast that day, despite the complicated external environment, the "Beixi-2" natural gas pipeline project is a long-term project and will not be easily disturbed .
China imported 47.48 million tons of crude oil in August
Time of Update: 2022-06-26
47 million tons of crude oil was processed, an increase of 9.
48 million tons of crude oil were imported, a year-on-year increase of 12.
From January to August, 370 million tons of crude oil were imported, a year-on-year increase of 12.
Honeywell UOP Polybed PSA unit provides high-purity hydrogen for Hengli Petrochemical
Time of Update: 2022-06-20
(hereinafter referred to as “Hengli”) has selected seven Honeywell UOP Polybed™ pressure swing adsorption (PSA) units It has been successfully started and put into operation to supply high-purity hydrogen for its refining and chemical integration project in Dalian, Liaoning Province .
SABIC Vice Chairman and Chief Executive Officer Yusuf Al-Bayyan 2020 China International Petrochemical Conference...
Time of Update: 2022-06-17
In 2018, as the Vice Chairman and CEO of Saudi Basic Industries Corporation (SABIC) and Chairman of the Gulf Petrochemical Association (GPCA), I personally went to Chengdu to participate in the China International Petrochemical Conference that year .
The China International Petrochemical Conference has always played a vital role in shaping the future development of the petrochemical industry .
The Shanghai International Energy Exchange issued an agreement to increase the international reserve of Dalian PetroChina International Storage and Transportation Co., Ltd...
Time of Update: 2022-06-17
The Shanghai International Energy Trading Center issued an announcement on agreeing to increase the storage capacity of crude oil futures in the international reserve of Dalian PetroChina International Storage and Transportation Co.
A spokesperson for the Iraqi Ministry of Petroleum denied media reports on the export increase agreement
Time of Update: 2022-06-14
Foreign news on September 24, a spokesperson for the Iraqi Ministry of Petroleum said that the Iraqi Petroleum Ministry denied previous media reports on Thursday.
EIA expects the global oil market to reach equilibrium by the end of 2021
Time of Update: 2022-06-13
S. production cuts are expected to help global crude oil inventories continue to decline for the rest of this year and most of next year, thereby making the global oil market relatively balanced by the end of 2021.
The epidemic hits the U.S. economy and the oil and gas industry becomes bankrupt
Time of Update: 2022-06-07
Other data show that for the entire five-year period ending August 31, a total of 244 oil and gas producers in the United States filed for bankruptcy, involving more than $172 billion in debt .
Azerbaijan's gas extraction and oil production data for the first 8 months
Time of Update: 2022-06-07
9 billion cubic meters, the Shah Deniz gas field is mining 12.
3 billion cubic meters, and the Azerbaijan State Oil Company is mining 4.
4 million tons of condensate oil, and the Azerbaijan State Oil Company produces 4.
Qingdao Petrochemical's overhaul work will be in full swing
Time of Update: 2022-05-07
In view of the frequent entry and exit of personnel during maintenance, the company reasonably deploys security guards, installs sidewalk gates and face recognition, and configures software and hardware facilities such as lighting in the inspection door area .
All-round rise starts LNG 7-day continuous rise of more than 10%
Time of Update: 2022-05-04
According to the data monitoring of the business agency: on October 15, the domestic average price of LNG was 2,900 yuan/ton, an increase of 10.
JODI: Saudi crude oil exports hit 21-month high in January
Time of Update: 2022-04-30
Saudi crude oil production rose by 123,000 bpd in January from the previous month to 10.
Saudi Arabia's domestic crude oil processing increased by 83,000 barrels per day to 2.
The provincial Jiujiang Petrochemical Industrial Park was officially established and included in the unified management of the Economic Development Zone!
Time of Update: 2022-04-10
With the care and support of the municipal party committee and government, in 2019, the main business of the city's petrochemical industry exceeded the 100 billion mark, and the main business of Jiujiang Petrochemical reached a historic 45 billion yuan, with tax revenue exceeding 12 billion, ranking first in the province in tax payment for three consecutive years , Has made outstanding contributions to the industrial development of Jiujiang .
Summary: Epidemic pressure hits international oil prices
Time of Update: 2022-04-03
Analysts believe that the current decline in international oil prices is mainly due to the recent worsening of the new crown epidemic, which has led some countries to implement closed measures again, and the market is worried that the demand for crude oil will be greatly reduced .
API: Last week, US crude oil inventories unexpectedly fell by 8.001 million barrels
Time of Update: 2022-03-31
As of the week of October 30, US crude oil inventories unexpectedly fell by 8.
001 million barrels, an estimated increase of 890,000 barrels .
454 million barrels, which is estimated to decrease by 871,000 barrels .
International crude oil prices soared on November 9
Time of Update: 2022-03-28
In addition, the Saudi Energy Minister said at a Monday meeting that if OPEC reaches an agreement, the agreement on production reduction may be adjusted, and the news also promoted the rise of oil prices .
Ovintiv seeks to sell Eagle Ford shale oil assets
Time of Update: 2022-03-24
According to foreign news on November 13, several people familiar with the matter said on Friday that the oil company Ovintiv is planning to sell its Eagle Ford assets, which is also the latest asset sale activity of the debt-ridden company in order to prevent the new crown virus from this year.
International crude oil prices soar, domestic bitumen prices rise
Time of Update: 2022-03-23
This week, the domestic asphalt market demand was relatively stable: the international oil price increased to stimulate shipments from major refineries in East China and Shandong; the northeast and northwest regions were affected by the controlled temperature, and the demand for asphalt decreased.