The 12th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
Global miner BHP Billiton said Wednesday that its U.S. shale oil business would be one of its major cash flow generators by 2020, contributing almost 3 billion U.S. dollars a year to the company by the end of the decade. BHP Billiton plans......【More】
2013-12-12U.S. oil prices rose to a one-month high Tuesday as traders anticipated domestic storage data would show greater demand for crude. Oil for January delivery gained $1.17, or 1.2%, to end at $98.51 a barrel on the New York Mercantile Exchange......【More】
2013-12-11The export and import value of the petrochemical industry in China climbed 2.3% year on year to US$334.6 billion in the first ten months of this year, according to the latest statistics released by the National Development and Reform Commis......【More】
2013-12-10China has launched a nationwide probe into the safety of its oil and gas pipelines following a deadly blast that killed 62 people in the eastern coastal city of Qingdao last month, the countrys safety watchdog said on Friday. The investigat......【More】
2013-12-09Chinas Xianglu Petrochemicals Co. Ltd. has planned the test run of its second purified terephthalic acid (PTA) plant in the end of December 2013. Currently, the plant is under the final phase of construction and test run is planned by the e......【More】
2013-12-06A push for cleaner air is driving China to become a bigger player in the global trade for liquefied natural gas (LNG). China relies on burning coal for over 65% of its electricity needs, and rapid growth means coal plants continue to prolif......【More】
2013-12-05CCCC Second Harbor Engineering to build new 400 million yuan facility for transfer and storage of oil products CCCC Second Harbor Engineering Co., Ltd. has agreed a contract with Yihua Petrochemical Co., Ltd. for the planning and design of......【More】
2013-12-04PetroChina Company Limited (PetroChina) announced on Thursday that it had acquired a 25 percent interest in the Technical Service Contract (TSC) for the West Qurna-1 (WQ1) oil field in Iraq. PetroChina made formal delivery for the acquisiti......【More】
2013-12-03Theres no stopping the ambition of China to seek out minerals in the Atlantic waters. News from Oslo, reported by Reuters, said the country would be teaming up with Chinese oil firm CNOOC to explore oil drilling in waters near Iceland. Desp......【More】
2013-12-02China is expected to overtake the United States to become the worlds largest oil importer in the 2020s as emerging economies, instead of developed ones, will claim most of the worlds energy supplies, a report says. China will be the main co......【More】
2013-11-28
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