2020-11-03 12:55:00
CHINA'S REFINERY INVESTMENT $20 BLN
ENERDATA - 3 Nov 2020 - The Chinese private aluminium smelter Shandong Nanshan Group has started building the 400,000 bbl/d Yulong refinery project in Yantai, Shandong (east of the country). The project will include a 3 Mt/year ethylene plant and will require a US$20bn investment.
China has a refining capacity of 13.1 mb/d, i.e. 2.5 times as high as in 2000 (5.4 mb/d). There are around 65 refineries with a capacity of over 100 000 bbl/d. The Zhenhai (Sinopec) and Dalian (CNPC) refineries are the biggest, with capacities of more than 400 000 bbl/d.
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Earlier:
2020, October, 27, 14:45:00
CHINA OIL IMPORTS UP
Crude oil is considered a key product to complete China's annual energy purchase commitments due to the commodity's typically higher value and volume compared with other energy products.
2020, October, 26, 13:50:00
CHINA NEED GAS
CNOOC’s hydrocarbon output increased from 475 mboe in 2018 to 506.5 mboe in 2019 (+6.6%).
2020, October, 21, 16:45:00
CHINA'S GAS DEMAND WILL TWICE
The goal of carbon-neutrality by 2060 will require China to kick its longstanding addiction to coal while building unprecedented amounts of intermittent wind and solar capacity.
2020, October, 19, 14:10:00
CHINA ECONOMY UP
On a quarter-on-quarter basis, China GDP rose 2.7% in the third quarter, the NBS said, compared with expectations for a 3.2% rise and an 11.5% rise in the previous quarter.
2020, October, 8, 12:35:00
CHINA MERGES COAL
In 2019, China was the largest coal producer in the world, with an output of 3,691 Mt, followed by India (769 Mt) and the United States (640 Mt).
Chronicle:
2021, June, 10, 12:39:00
Which Actions Can Fuel The Industry: The 7th International LNG Congress Summary
Global view on the LNG industry future, actions in frames of IMO Regulations, alternative fuels for trucks and fleet, opportunities of LNG increase in Europe, and Bio-LNG and LNG-to-Power initiatives have become some of the topics of the 7th International LNG Congress. It was held at the BGS online platform on the 7-8 of June, and gathered more than 500 decision-makers of the LNG industry.
2021, June, 10, 12:38:00
МЕЖДУНАРОДНАЯ КОНФЕРЕНЦИЯ И ВЫСТАВКА "УГОЛЬ РОССИИ И СНГ"
Более 150 руководителей ведущих предприятий угольной промышленности России и СНГ соберет Международная конференция и выставка «Уголь России и СНГ», которая будет проходить 16-17 ноября 2021 в г. Москва
Организатор мероприятия: Vostock Capital
2021, June, 10, 12:35:00
U.S. OIL INVENTORIES DOWN 5.2 MB TO 474.0 MB
U.S. commercial crude oil inventories decreased by 5.2 million barrels from the previous week to 474.0 million barrels.
2021, June, 10, 12:30:00
TC ENERGY HAS TERMINATED KEYSTONE
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project).
2021, June, 9, 12:55:00
OIL PRICE: ABOVE $72
Brent rose 73 cents, or 1%, to close at $72.22 a barrel, WTI rose 82 cents, or 1.2%, to settle at $70.05 a barrel,
2021, June, 9, 12:50:00
OIL PRICES 2021-22: $68-60
EIA forecasts that Brent prices will remain near current levels in 3Q21, averaging $68/b., and $60/b in 2022.
2021, June, 9, 12:45:00
OPEC+ OIL PRODUCTION UP 430 TBD
Despite the production gains, the looser quotas meant OPEC+ compliance stayed mostly steady at 111.45% compared to 111.16% in April,