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Crude oil futures closed slightly lower
Time of Update: 2023-03-22
In recent days, major oil consumers have urgently released crude reserves to cool the market, and investors are waiting for how major oil producers will respond.
In recent days, major oil consumers have urgently released crude reserves to cool the market, and investors are waiting for how major oil producers will respond.
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Virus variant threat and Powell's hawkish voice hit oil prices, U.S. oil fell nearly 20% in November
Time of Update: 2023-03-21
On November 30, Moderna's CEO questioned the effectiveness of existing vaccines against the new Omicron variant, and the hawkish speech of Federal Reserve Chairman Jerome Powell later that day, sent the two major crude oil futures plunged 7% at one point.
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Current status and development trend of the global synthetic base oil market
Time of Update: 2023-03-19
+ base oil production capacity is approximately 2Mt/a, with the main refineries QATAR Petroleum, PEARL Refinery (GTL Base Oil), SK and Indonesia's Pertamina joint venture refinery in Dumai, and the Adnoc refinery in Abu Dhabi, Saudi Arabia, accounting for about 90% of the total global APIIII.
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The soaring oil price has driven the oil service industry upward
Time of Update: 2023-03-07
Driven by the continued rise in crude oil prices, oil and gas-related capital expenditure is expected to usher in a new round of expansion.
Driven by the continued rise in crude oil prices, oil and gas-related capital expenditure is expected to usher in a new round of expansion.
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CCPMI fell to the line of prosperity and decline in February, indicating that the chemical market activity has declined
Time of Update: 2023-03-05
08%; 4 indexes decreased, of which the decrease exceeded 10% The production volume and new orders fell by 14.
08%; 4 indexes decreased, of which the decrease exceeded 10% The production volume and new orders fell by 14.
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Under the impact of China's production capacity, Japan's old chemical companies were forced to withdraw from their business for more than 50 years
Time of Update: 2023-02-28
Sumitomo Chemical announced on April 15 that it has decided to withdraw from the caprolactam business and will close its production facility in Ehime, Japan by October 2022 .
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OPEC+ slightly raises crude oil supply limit International oil prices rose on May 5
Time of Update: 2023-02-26
OPEC and non-OPEC producers decided to continue to slightly increase the monthly crude oil supply limit, while the market was worried about the possible comprehensive sanctions imposed by the European Union on Russian oil exports, and international oil prices rose on the 5th.
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Aircraft drink "gutter oil" to comply with emission reduction
Time of Update: 2023-02-09
As the date of achieving the "dual carbon" target is approaching, the ability of aircraft to drink "gutter oil" is a realistic need for the aviation industry to reduce emissions.
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The oil market surplus endorses OPEC's new round of production cuts
Time of Update: 2023-01-08
OPEC is also forecasting a surplus in the oil market, sparking speculation that it may be preparing to cut production.
OPEC is also forecasting a surplus in the oil market, sparking speculation that it may be preparing to cut production.
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Recently, pharmaceutical companies have been selling assets and stopping pipelines
Time of Update: 2023-01-05
In addition to selling assets, pharmaceutical companies are keen to shut down pipelines to reduce operating costs and develop more valuable pipelines, the industry said.
In addition to selling assets, pharmaceutical companies are keen to shut down pipelines to reduce operating costs and develop more valuable pipelines, the industry said.
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In October 2022, global natural rubber production is expected to increase by 5.1%, and consumption will increase by 1.2
Time of Update: 2023-01-05
ANRPC's latest October report predicts that global production of tianjiao in October is expected to increase by 5.
From: China Rubber Information Trade Network Return to Sankei homepage >> ANRPC's latest October report predicts that global production of tianjiao in October is expected to increase by 5.
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PetroChina Guangdong Petrochemical Refining and Chemical Integration Project: Building a Refining City in a New Era
Time of Update: 2023-01-04
60 years after the bloom of the "Five Golden Flower", PetroChina's five representative refining and chemical projects have once again shined, writing a new chapter in the high-quality development of China's petrochemical industry in terms of breakthrough in independent technology, implementation of oil reduction and increase, commitment to transformation and upgrading, realization of green and low-carbon, and promotion of local economy.
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Continuous low temperatures Norway's electricity consumption exceeded 25,000 MWh for the first time
Time of Update: 2023-01-03
Norway's electricity consumption hit a record high of 25,146 megawatt-hours (MWh) on Thursday, outpacing domestic production, data from Norwegian grid operator Statnett showed.
Norway's electricity consumption hit a record high of 25,146 megawatt-hours (MWh) on Thursday, outpacing domestic production, data from Norwegian grid operator Statnett showed.
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The global lithium hydroxide market is likely to experience a shortage by 2025
Time of Update: 2023-01-03
The market can now plan for new capacity, as it will take about 5 years for the plant to come online.
The market can now plan for new capacity, as it will take about 5 years for the plant to come online.
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Russia accelerates surimi production
Time of Update: 2022-12-30
Russia, as one of the largest pollock producers, has great prospects in the field of surimi production, and increasing the production of this product will not only reduce dependence on imported raw materials, but also improve product quality, according to the Russian Fish Producers Association (VARPE).
