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Cabinet of Hungary: Hungary hopes that oil transportation through the "Friendship" pipeline can be resumed as soon as possible
Time of Update: 2022-10-19
The Information Service of the Hungarian Government told the Satellite News Agency that the Hungarian side had made a request to resume the transportation of oil to the country through the "Friendship" pipeline as soon as possible, and said that the interruption in transportation had caused technical problems.
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Downstream procurement is mainly based on demand It is expected that the price of refined petroleum coke in the near future may be mainly consolidated
Time of Update: 2022-10-19
Petroleum coke analysts believe that this week's international crude oil shock, petcoke cost support is limited; Downstream carbon companies mostly hold a wait-and-see mood, mainly purchasing on demand, and refinery petcoke shipments have slowed down.
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Myanmar announced that it would import gasoline from Russia and set up a special committee to purchase it
Time of Update: 2022-10-19
Myanmar National Governing Council Spokesperson Zo Min-ton (Agence France-Presse photo)A statement published in Myanmar's official newspaper on August 17 said the Burmese military government had set up a "Russian Oil Purchasing Committee" headed by a close ally of Min Aung Ley. The committee is responsible for procuring, importing and transporting fuel at reasonable prices based on Myanmar's needs.
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Uzbekites produces new products of low-sulfur petroleum coke
Time of Update: 2022-10-19
The advent of new low-sulfur petroleum coke products can effectively make up for the gap in the market demand for low-sulfur petroleum coke in Xinjiang and help the development of new energy industries.
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Saudi Arabia broke the news that US lawmakers pleaded for a "one-month delay in oil production cuts", which was rejected by Saudi Arabia
Time of Update: 2022-10-19
Saudi Arabia publicly broke the news, claiming that the Biden administration asked the Saudi-led "OPEC+" mechanism to postpone the plan to reduce oil production, but unexpectedly was directly rejected by Saudi Arabia, unexpectedly the United States was angry, claiming that it would make Saudi Arabia bear the consequences.
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Once back to the beginning of the year, where will international oil prices go?
Time of Update: 2022-10-19
This year's data shows that the current gasoline consumption in the United States has not only not returned to pre-epidemic levels, but even lower than the same period in 2021, which has intensified market concerns about oil demand and continuously triggered lower international oil prices.
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Pressure pipeline installation qualifications, petrochemical enterprises fire spacing settings are divided into several levels?
Time of Update: 2022-10-19
(3) The fire spacing of each facility in the process device implements the current national standard 4 Petrochemical Enterprise Design Fire Protection Standard" GB 50160-2008 (2018 edition) table 5.
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Rosneft sued the German Ministry of Economy
Time of Update: 2022-10-19
A spokesman for the German Ministry of Economy and Climate Protection confirmed on the 14th that it has been informed that Rosneft has filed a lawsuit against it, but has not yet received relevant documents.
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International oil prices fluctuated downward last week
Time of Update: 2022-10-19
The weakness of the global economy and Saudi Aramco's readiness to increase production have put downward pressure on international oil prices, which fell slightly last week (as of the week ended August 19).
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OPEC+ or to reduce production to meet the challenge, U.S. oil V-shaped reversal station on $90
Time of Update: 2022-10-19
Asked if he was concerned about the current market conditions, the Saudi energy minister said the oil futures market was caught in a vicious circle of self-perpetuation, with very thin liquidity and great volatility, weakening the basic function of the market to regulate prices and making physical users unable to bear the cost of hedging and managing risks.
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Saudi Oil Minister: Oil prices are out of fundamentals OPEC+ may be necessary to tighten supply
Time of Update: 2022-10-19
Saudi Oil Minister Prince Salman bin Abdul said "extreme" volatility and illiquidity in futures markets were taking oil prices out of fundamentals and could force OPEC+ to act.
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The country's first set of 100% petroleum coke hydrogen production unit completed the original oven of the gasifier
Time of Update: 2022-10-19
With the last gasifier turning off and cooling, the work of 6 gasifier ovens of the country's first 100% petroleum coke hydrogen production unit was fully completed, laying a solid foundation for the whole line of the project to be put into operation.
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Zhenjiang, Jiangsu Province, deployed to deepen the comprehensive improvement of the refined oil market
Time of Update: 2022-10-19
Huang Wanrong demanded that all relevant departments in all localities should clearly understand the necessity and urgency of the comprehensive rectification of the refined oil market, and regard the comprehensive rectification as an important task to benefit the people's livelihood, ensure safety, and promote development.
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Pressure pipeline installation qualifications, petrochemical enterprises fire spacing settings are divided into several levels?
Time of Update: 2022-10-19
(3) The fire spacing of each facility in the process device implements the current national standard 4 Petrochemical Enterprise Design Fire Protection Standard" GB 50160-2008 (2018 edition) table 5.
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Oil prices are hard to fall! OPEC+ lags nearly 3 million barrels per day behind the production target
Time of Update: 2022-10-19
For more than a year, the gap between OPEC+ members' total quotas and actual oil production has been widening, with many oil-producing countries unable to increase production due to capacity and/or investment constraints, and the alliance adding more to its monthly oil production targets.
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Seven departments joint action Inner Mongolia has increased the special rectification of refined oil
Time of Update: 2022-10-19
It is understood that the Inner Mongolia Autonomous Region Market Supervision and Administration Bureau recently reported on the supervision and random inspection of the quality of refined oil products in the early stage.
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Chongqing: Rapid testing found that more than 160,000 liters of unqualified refined oil products
Time of Update: 2022-10-19
On August 17, the Chongqing Municipal Bureau of Market Supervision carried out a rapid on-site testing action for refined oil, accumulatively testing 600 batches of vehicle gasoline and vehicle diesel
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Imports plunged 40%! India begins to lose interest in Russian oil?
Time of Update: 2022-10-18
According to Kepler, an energy data tracker, Russia's crude exports to India fell 40 percent to 452,000 bpd in the first two weeks of September from August levels.
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How to see Buffett plus Western Oil, minus BYD?
Time of Update: 2022-10-18
The reason for the increase in Western oil holdings can be roughly attributed to Buffett's own emphasis on long-term opportunities in traditional energy sources, combined with his own investment experience, the fundamentals of tight supply and demand for crude oil, and the status of the United States as a major oil power.
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The anti-smuggling department of the Customs cracked down the illegal crime of smuggling
Time of Update: 2022-10-18
The anti-smuggling department of the customs insists on strict management and strict investigation and punishment in accordance with the law, focuses on key areas, insists on combining centralized crackdown and normalized crackdown, digs deep behind the scenes, continues to crack down on the smuggling of refined oil products with high pressure, and ensures economic and trade order.
