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Guangxi Pilot Free Trade Zone accelerates the construction of a world-class green petrochemical industry base
Time of Update: 2023-03-20
Guangxi Free Trade Office said that Qinzhou Petrochemical Industrial Park is located in the Qinzhou Port Area of Guangxi Pilot Free Trade Zone, after more than ten years of cultivation, has developed into the largest energy and chemical base in southwest China, attracting more than 30 petrochemical enterprises such as PetroChina, Shanghai Huayi, Zhejiang Hengyi and so on, with a total investment of more than 230 billion yuan.
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Crude oil trading reminder: Epidemic concerns have rebounded, be wary of the resumption of the decline in oil prices, and pay attention to the progress of Iranian nuclear negotiations
Time of Update: 2023-03-20
49 / barrel; Oil prices fell nearly 3 percent on Thursday as the rapid spread of the new coronavirus variant Omicron revived fears that more containment restrictions could hit demand for crude oil, diluting optimistic expectations about the efficacy of vaccines.
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Three factors pushed oil prices up more than 2 percent, and Aramco's CEO warned that the bull market in oil prices was far from over
Time of Update: 2023-03-20
In the European market on Tuesday (December 7), oil prices extended the previous day's rally, with Brent crude rising more than 2% as concerns about the Omicron variant affecting global fuel demand eased, and Iranian nuclear negotiations stalled, delaying the return of Iranian crude.
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Crude oil trading reminder: vaccine research is positive, oil prices maintain a good tone, and it is expected to rise to the 80 mark
Time of Update: 2023-03-20
59 / barrel; Oil prices rose on Wednesday as studies showed existing coronavirus vaccines were effective against new virus variants, allaying fears of plunging fuel demand, while geopolitical tensions and disappointing nuclear talks boosted prices.
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Omicron lockdown fears eased, with oil prices surging 5 percent to their biggest gain in three and a half months
Time of Update: 2023-03-20
The Biden administration's efforts to lower energy prices took a step forward on Monday, with the first tender for the release of 32 million barrels of the Strategic Petroleum Reserve closed.
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Asian buyers did not increase Saudi oil orders amid weak oil prices
Time of Update: 2023-03-20
After Saudi Arabia raised oil prices and signs of weakness in the spot market, buyers in Asia, the world's largest crude consumer, did not ask Saudi Arabia to increase supply next month.
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The evaporation performance of diesel
Time of Update: 2023-03-20
The low distillation path of diesel fuel indicates that the light component content is high, the evaporation performance is good, and the diesel engine is easy to start, but the diesel is not resistant to burning; The high distillation range of diesel fuel indicates that the recombinant content in diesel is large, the evaporation performance is poor, and the combustion is incomplete, resulting in reduced power and increased fuel consumption.
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U.S. EIA lowered its oil price forecast
Time of Update: 2023-03-20
5 million barrels per day in global oil and liquid fuel consumption, averaging 100.
5 million barrels per day in global oil and liquid fuel consumption, averaging 100.
5 million barrels per day in global oil and liquid fuel consumption, averaging 100.
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Danzhou Coast Guard Bureau of Hainan Province cracks down on smuggling at sea! 10 tons of refined oil products from smuggled oil tankers were seized
Time of Update: 2023-03-20
Recently, the Danzhou Coast Guard Bureau of Hainan Province continued to increase the intensity of law enforcement patrols and control in the sea area, and successfully seized a suspected smuggling of refined oil products, 7 people involved in the case, and about 10 tons of refined oil, effectively cracking down on various illegal and criminal activities at sea.
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Saudi Arabia warns: Fossil fuel investment declines, global oil production could plunge 30% by 2030
Time of Update: 2023-03-19
Saudi Arabia says global oil production could fall by 30 percent by 2030 due to reduced investment in fossil fuels.
Saudi Arabia says global oil production could fall by 30 percent by 2030 due to reduced investment in fossil fuels.
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EIA crude oil inventories and refined oil inventories both fell sharply, and U.S. oil rose slightly by $0.3 in the short term
Time of Update: 2023-03-19
S. consumers' inflation expectations for the coming year rose to a new high of 6 percent, the 13th straight month of rise and the highest since the survey began in 2013.
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Oil prices edged back 3% this week as the global pandemic accelerated to put pressure on oil prices
Time of Update: 2023-03-19
On Saturday (December 18), U. S. oil prices fell slightly this week. Among them, the price of US crude oil fell slightly by $1. 82, or 2. 53%, and the price of Brent crude oil fell slightly by $2. 4,
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The two major expectations joined forces to put pressure, and oil market bulls waited for this data to save the field
Time of Update: 2023-03-19
According to a survey, the data released by the US Department of Energy at 23:30 Beijing time on Wednesday (December 15) is expected to decline in US crude oil inventories from the previous week.
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The relocation project of Dongying crude oil depot in Shandong Province officially started
Time of Update: 2023-03-19
With the development of the city, the Dongying crude oil depot, which was originally built in the wilderness, is gradually surrounded by residential areas, factories and mines, involving 9 residential communities around it, with more than 56,000 permanent residents, and the contradiction between oil depot safety production and urban development planning has become increasingly prominent.
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Hopes of a shiny performance next year are fading
Time of Update: 2023-03-19
Oil prices fell under pressure this week as cases of the Omicron variant surged, raising concerns that new restrictions could hit fuel demand.
Oil prices fell under pressure this week as cases of the Omicron variant surged, raising concerns that new restrictions could hit fuel demand.
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Oil prices had their best week since August as market fears receded
Time of Update: 2023-03-19
Ed Moya, senior market analyst at Oanda Corp, said: "Crude oil prices performed well this week as the unease caused by Omicron eased and the growth prospects of the US economy in 2022 were largely unaffected.
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The "14th Five-Year Plan" will focus on promoting advanced energy-saving processes such as direct production chemicals and advanced coal gasification in the petrochemical industry!
Time of Update: 2023-03-19
Specific to the petrochemical industry, the "Planning" mentions that it is necessary to accelerate the implementation of green upgrading and transformation of iron and steel, petrochemical and other industries, and promote the relocation and transformation of hazardous chemical production enterprises in densely populated urban areas.
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What is coal-to-liquid?
Time of Update: 2023-03-19
Coal-to-oil refers to the technology of producing oil products from coal, which was born in Germany in the early 20th century. Germany has very rich coal resources, but lack of oil and natural gas, in
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Diesel hydrogenation modification isomeric coagulation technology (FHI)
Time of Update: 2023-03-19
Technical Features:1. The raw material is a variety of diesel fractions. 2. In addition to the deep hydrogenation desulfurization, nitrogenation, aromatization and selective ring opening reactions in
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Oil prices could reach $100, and demand could hit a record high in the next two years, the agency said
Time of Update: 2023-03-19
Courvalin told reporters at Friday's energy outlook launch: "Our demand was already at a new high before the Omicron outbreak, and the demand for air travel is increasing, and the global economy is on the rise.
