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VLCC orders in Jan-Mar had exceeded the total in 2016

In the first three months, the global deliveries of VLCC, Suezmax, and Aframac vessels had reached the two-year high level, and meanwhile the total VLCC orders in January-March had surpassed the total in the previous year.

04-18-2017 17:01:33

Consumption of bunker oil picked up in 2016

In recent years, China shipping industry was in depression amid the global sluggish economy,

03-01-2017 10:54:32

China domestic energy consumption rose by 1.4% in 2016

The National Energy Administration (NEA) announced that China's energy consumption increased by 1.4% in 2016 to 4.36 Gtce, at the same pace as in 2015. It is 0.9% above what the Administration forecasted last year for 2016.

01-06-2017 09:42:59

Gasoline and diesel market may collapse after the largest retail price decrease in 2016

Recently, participants were generally negative about whether OPEC would reach an agreement on production limitation. Meanwhile, the US crude oil inventory soared unexpectedly. Therefore, international crude oil price kept falling, totally ignoring the softer US dollar index.

11-09-2016 17:00:05

LNG market report on October 20th, 2016

In the Northwest, LNG transactions were unhindered. LNG plants sold well and had no pressure with downstream traders restocking positively in the surrounding areas. LNG price will keep upward trend considering Inner Mongolia’s sliding supply in October 20th.

10-20-2016 15:17:05

LNG market report on September 27th, 2016

In the Northwest, LNG transactions were divided. LNG plants with low price sold well and had no pressure, but plants with high price still had pressure and their prices would fall sharply on September 27th. Upstream market surrendered part of the profits in Inner Mongolia.

09-28-2016 12:59:54

Weekly analysis on LNG market (August 19th-25th, 2016)

08-26-2016 17:57:53

PetroChina announces new investment cut between 2016 and 2020

Chinese oil group China National Petroleum Corp. (CNPC) has announced that it would cut its annual investment between 2016 and 2020 to around Cyu 260bn (US$39bn), a nearly 40% reduction from its 2011-2015 investment programme.

08-01-2016 13:42:31

China natural gas consumption grows 9.8% YoY in H1 2016

Data released by National Development and Reform Commission on July 21 showed that China consumed 99.5 bcm natural gas in the first half of 2016, up 9.8% from H1 2015.

07-25-2016 14:43:15

Russia crude export to hit new high in 2016

Russia crude export is expected to hit a new high record. After Iran return to the crude market, Russia and Iran is competing in crude market both in Europe and Asia.

07-05-2016 15:40:48

PetroChina West-east Gas Pipeline to transmit 2 bln m3 natural gas to Yinchuan in 2016

PetroChina West-east Gas Pipeline Company said on June 27th that it would supply 2 billion m3 of natural gas to Yichuan, Ningxia in 2016, rising by 160 million m3 from in 2015. It composes of 40% of residential gas, 30% of industrial gas, 10% gas for power generation, 10% commercial gas and 10% LNG.

06-28-2016 17:53:34

Anren-Yanling Natural Gas Pipeline to start construction within 2016

Anren-Yanling Natural Gas Pipeline will start construction within 2016 and complete in two years, meaning Youxian county, Chaling county and Yanling county, three counties in the South of Zhuzhou city will be able to use pipeline natural gas in two years, local authorities said on June 16th.

06-20-2016 15:05:45

BMI: China gasoline consumption on a rise of 6% in 2016

The research from BMI showed, as the passenger vehicles sales were increasing strongly, China gasoline consumption will be on a rise rapidly in this year.

06-06-2016 17:05:36

Dongxing Energy's COG based LNG project put onto stream on May 24th 2016

According to JYD, Xuzhou Dongxing Energy Co., Ltd (Dongxing Energy) put its coke oven gas (COG) based LNG project in to production on May 24th 2016.

05-25-2016 11:25:28

PetroChina Yunnan’s refining project 13 mln mt/yr being operational in 2016

China’s Ministry of Environmental Protection released that PetroChina Yunnan’s oil refining alteration project had been approved the environmental impact assessment at the end of April.

05-13-2016 14:49:01

Zhejiang: collect pollutant charges of VOCs in petrochemical industry in 2016

Zhejiang: collecting pollutant charges of VOCs in petrochemical industry in 2016

05-10-2016 16:36:00

China Teapots Turnaround Status in 2016

05-05-2016 16:24:12

China cuts the crude output but raises the natural gas output in 2016

05-05-2016 15:24:59

China LPG Import volume hits a record in March 2016

China LPG import volume totals 1.6258 million mt in March 2016, hitting a record. Easing capital request and lucrative profits drive many domestic importers to take a share in imported LPG field. Meanwhile, with the rapid development of PDH, over a million import volume in a month is common.

04-27-2016 16:28:26

Beijing to wipe out 300 high energy consuming plants in 2016

Beijing will phase out 300 heavily polluting and high energy consuming plants.

04-21-2016 16:26:02

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