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China crude oil imports rise 10% in 2017

According to the data released by the National Bureau of Statistics of PRC on March 19, China’s crude oil and natural gas production saw drop and rise respectively in 2017. During the same period, both of them imports kept rising rapidly.

03-22-2018 10:47:46

China fuel oil AP rose 6% MoM in Dec 2017

The apparent consumption of China fuel oil rose by 127,300 mt or 6.35% on month to 2.1311 million mt in December.

02-28-2018 14:43:56

Russia still China’s biggest crude supplier in 2017

Russia held on as China’s biggest crude oil supplier in 2017, after surpassing Saudi Arabia for the first time on an annual basis in 2016, data from China’s General Administration of Customs shows.

01-31-2018 17:22:01

Daqing Oilfield produces more gas in 2017

Daqing Oilfield completed 39.52 million mt of crude oil output and the output of natural gas exceeded 4 billion cubic meters for the first time.

01-15-2018 10:14:40

Imported LPG demand in December 2017 increased

Imported LPG demand increased in winter. Gross profit of importers in early and middle December averaged above CNY200/mt.

12-25-2017 14:36:04

The NDRC took 6 measures to guarantee natural gas supply in 2017 winter

The National Development and Reform Commission took six moves to ensure natural gas supply.

12-20-2017 15:31:14

LNG freight rate rose in 2017

Better than 2016, whole LNG transport market in 2017 performed actively as downstream demand increased amid environmental protection policies, like “shifting from burning coal to burning gas”. Utilization rate of LNG trucks kept at high level. And LNG freight rate also rose.

11-21-2017 17:13:24

LNG market performs well in 2017 summer

Except for price growth from end February to early March, LNG price moved stably with narrow fluctuation in 2017. On the contrary, being unstable, LNG price went ups and downs in 2016.

07-25-2017 16:24:14

China domestic LNG market likely to remain buoyant in H2 2017

China LNG market has been CNY300/mt higher than a year ago since March, 2017, on the back of no additional domestic supply and strong demand. The LNG market is likely to keep on the rise in the second half of 2017

05-23-2017 17:55:16

CSRC: China will launch the crude oil futures in 2017

According to China Securities Regulatory Commission (CSRC) website, the vice-chairman of CSRC Fang Xinghai said in an interview that, he was put in charge of futures market, and meanwhile he hoped to launch the crude oil futures this year.

04-17-2017 15:53:48

BP Energy Outlook-2017

The base case outlines the most likely path for global energy markets to 2035, including an expected 30% growth in consumption with a mix of fuels that becomes progressively lower in carbon.

03-31-2017 09:22:03

MTBE imports and exports increased to 431,000 mt and 3,600 mt respectively in January 2017

In January, international crude oil futures price kept range vibration and the oil product retail price was lifted once, while the delivery of blended gasoline was flat.

03-02-2017 15:18:30

IEA: Crude supply will be in shortage in H1 of 2017 owing to OPEC's output-cutting deal

Bloomberg reported on December 13th Beijing time, according to IEA, global oil market will be in short supply from oversupply in the first half of 2017 with OPEC and other oil producers executing the production reduction deal.

12-14-2016 10:57:24

Coal Based Gas Project of CNOOC & Datong Coal Mine Group to start construction in 2017

Coal based gas project had a development opportunity amid the hazy weather and sharply falling coal demand in the past two years. Coal-to-gas transferred the contaminant only, but cannot reach the aim of energy conservation and emission reduction.

09-26-2016 17:53:53

PetroChina plans to supply VI oil products in 2017

As the domestic oil products quality upgrade is pacing rapidly, PetroChina refiners supplied the gasoline and diesel with National V Standard in advance, and it would also supply oil products with National VI Standard since July 1st in 2017.

07-11-2016 15:53:47

IEA: Oil market will not find sustained balance until 2017

The oil market will not find a sustained balance until well into next year, even as strong demand growth and production disruptions are helping to shrink excess supplies, the world’s leading energy body has said in its first forecast for 2017.

06-15-2016 10:54:27

Beijing VI Standard oil products will be supplied in January 2017

Since January 2017, Beijing VI Standard oil products would be supplied, and the traffic control would be further enhanced if the air pollution is heavy. In 2016 and 2017, there would be 0.4 million old vehicles eliminated.

05-23-2016 15:40:46

Changling Petchem will produce oil products with National V Standard in 2017

05-17-2016 13:44:44

ESPO extension will complete by 2017

11-24-2015 11:16:44

China-U.S.: China establishes carbon emission trade system by 2017

U.S.-China Climate Leaders Declaration was passed on the occasion of the First Session of the U.S.-China Climate-Smart/Low-Carbon Cities Summit (hereinafter referred to as climate summit) during September 15th-16th in US California.

09-25-2015 17:31:51

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