Chinese state-owned trader Sinochem is seeking low sulfur crude for the commissioning phase of its 12 million mt/year (241,000 b/d) greenfield refinery in southern Chinas Fujian province, a source with the company said Thursday. The Yuan 30......【More】
2013-07-16China Petroleum and Chemical Corporation (Sinopec), Chinas largest integrated energy and chemical group, celebrated here on Thursday the opening of its first lubricant plant outside China. The Sinopec Lubricant (Singapore) Pte Ltd, located......【More】
2013-07-15PetroChina is putting its coalbed methane (CBM) drilling on hold as complex geology and limited lifting technology have put a damper on the companys lofty production targets, noted RBC Capital Markets analyst Peter Hutton July 8. Plans to d......【More】
2013-07-12On Jun.28th, President Wang Tianpu of SINOPEC Group and Vice Chairman Ja Young KOO of SK signed the joint venture contract of Wuhan ethylene project at Diaoyutai State Guesthouse in Beijing. Minister of Industry, Trade Resources of South Ko......【More】
2013-07-11China Erzhong Heavy Industry Company has developed the worlds biggest hydraulic press, an 800 mega newton closed-die hydraulic forging machine that is bigger than any other previously built. Erzhong is working closely with Shell Lubricants......【More】
2013-07-10China Petroleum Chemical Corporation, or Sinopec Corp., has proposed to build an ethylene plant in Qingdao, located in East Chinas Shandong province. The proposal is for setting up 1 million tons per year ethylene complex at a cost of 18.79......【More】
2013-07-09Sinopec Engineering (Group) Co., Ltd. (SEG) announced Saturday that a crawler crane with the largest hoisting capacity in the world was put into use. The crane, with the maximum lifting capacity of 4,000 tonnes, successfully lifted and inst......【More】
2013-07-08Earlier this month the Unirule Institute of Economics, a Beijing-based think-tank, said in a report that deep reform is needed in Chinas oil monopoly system, which they claim has led to low efficiency. The report said that the first step sh......【More】
2013-07-05Chinese offshore pure play oil and gas exploration and production (EP) company, CNOOC Ltd. ( CEO ) recently brought online the oil field Wenchang 8-3E. Located in the western Pearl River Mouth Basin, Wenchang 8-3E oilfield is part of the fo......【More】
2013-07-04China Petrochemical Corporation (Sinopec) said on Saturday that it has completed the purchase of 50 percent of Chesapeakes share in its Mississippi Lime assets for $1.02 billion. Chesapeake is the second-largest natural gas developer in the......【More】
2013-07-03