2020-02-05 11:00:00
CHINA'S LPG IMPORTS UP 8.5%
PLATTS - 04 Feb 2020 - China's LPG imports rose 8.5% year on year to 20.61 million mt in 2019, General Administration of Customs data released Tuesday showed.
Market participants attributed the rise to increased demand from propane dehydrogenation or PDH plants, especially propane imports, in the year due to two new plant startups and a rise in operating rates amid healthy processing margins.
China imported 14.91 million mt of propane in 2019, up 10.8% or 1.45 million…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
Earlier:
2020, January, 29, 13:20:00
CHINA'S ELECTRICITY CONSUMPTION UP 4.5%
Overall, China's power generation rose by 4.7% in 2019, triggered by nuclear power generation (+18%) and renewable power generation (+5.7% for hydropower, +11% for wind and +25% for solar). CO2-free power generation thus accounted for 32.6% of the country's power mix. Thermal power generation grew at a slower pace (+2.4%, with +1.7% for coal-fired power generation).
2020, January, 17, 11:30:00
CHINA'S OIL THROUGHPUT UP 13.6%
China Dec crude oil throughput up 13.6% y/y at 58.51 million tonnes
2020, January, 15, 12:35:00
CHINA'S OIL IMPORTS UP BY 9.5%
Last year, China imported a record 506 million tonnes of crude oil, 9.5% above 2018’s level, according to data from the General Administration of Customs.
2020, January, 13, 15:30:00
CHINA'S CNOOC INVESTMENT $13 BLN
The increase in spending to between 85 billion and 95 billion yuan ($12.34 billion to $13.79 billion) compares with 2019 capital expenditure estimated at 80.2 billion yuan, slightly more than previous expectations.
Chronicle:
2021, January, 28, 12:50:00
U.S. OIL INVENTORIES DOWN 9.9 MB TO 476.7 MB
U.S. commercial crude oil inventories decreased by 9.9 million barrels to 476.7 million barrels.
2021, January, 28, 12:45:00
EUROPEAN INDEXES DOWN ANEW
The pan-European STOXX 600 fell 1.9%, turning negative for the year
2021, January, 28, 12:40:00
EUROPEAN RENEWABLES HAVE TO DOUBLE
While renewables' 2020 performance was impressive, especially during a global pandemic, the report warns that the average pace of deployment through the 2020s will need to more than double that of the prior decade if the EU is going to hit its target of a 55 percent reduction in emissions by 2030.
2021, January, 28, 12:35:00
U.S. FEDERAL FUNDS RATE 0.0 - 0.25% ANEW
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
2021, January, 28, 12:30:00
POLAND'S NUCLEAR DEVELOPMENT
During his introductory remarks, Adam Guibourgé-Czetwertyński, Poland's undersecretary of state for climate and environment, said the country had identified "a crucial role" for nuclear energy in its future energy mix.
2021, January, 28, 12:25:00
THE NEW CHINA'S PLATFORM
CNOOC has taken delivery of a 100,000-ton deepwater semisubmersible production and storage platform, built to ABS Class.
2021, January, 27, 14:15:00
OIL PRICE: BELOW $57
Brent climbed 51 cents, or 0.9%, to $56.42 a barrel. WTI rose 41 cents, or 0.8%, to $53.02.