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China's largest ultra-heavy oil field has produced more than 20 million tons of crude oil
Time of Update: 2023-03-13
At present, the Fengcheng Oilfield has formed a displacement composite 136 well group, the oil production level in the test area has risen from 89 tons to 118 tons, and the oil-to-vapor ratio has increased from 0.
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How oil prices go this year is critical
Time of Update: 2023-03-13
There are many uncertainties and variables affecting international crude oil prices in 2022, but this year has its specific significance in the timeline of cyclical changes in international crude oil
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Anhui Petroleum's lubricant sales in 2021 increased by 40% year-on-year
Time of Update: 2023-03-13
In 2021, Anhui Petroleum and lubricant companies strengthened cooperation, gave full play to the advantages of channel network and online platform, continued to improve the scale of lubricant operation, and the annual lubricant sales volume increased by 40% over the previous year, becoming the "best partner in 2021" of lubricant companies.
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Crude oil futures are likely to fall further
Time of Update: 2023-03-13
On Monday, the correction in WTI crude oil prices continued.
On Monday, the correction in WTI crude oil prices continued.
On Monday, the correction in WTI crude oil prices continued.
On Monday, the correction in WTI crude oil prices continued.
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International oil spot prices break through $100 per barrel: which industries are good for high oil prices?
Time of Update: 2023-03-10
The world's most important oil price indicator, the spot price of Brent crude oil (Dated Brent), exceeded $100/barrel last Wednesday (February 16, 2022)!Although the price experienced a correction for the rest of last week, the indicator is again standing above the $100/b mark after 10 years, which means that the high price of oil may be the tone for some time in 2022.
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Oil prices are high, oil majors have made money, but the money is used to buy back
Time of Update: 2023-03-10
Record natural gas prices and oil trading at seven-year highs above $90 a barrel have provided Western oil and gas giants with lucrative profits that are willing to buy back shares at near-record levels this year as a way to boost EPS and boost investor returns.
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The situation between Russia and Ukraine, the Iranian nuclear negotiations, caused oil prices to fall slightly
Time of Update: 2023-03-10
The tight supply and demand fundamentals support oil prices at a high level, while changes in the situation between Russia and Ukraine and the progress of negotiations on the Iranian nuclear agreement have led to wide fluctuations in oil prices.
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Rally cools slightly Oil prices fell in a single week for the first time since December
Time of Update: 2023-03-10
West Texas Intermediate Oil's spot spread (the difference between the two contracts closest to it) fell to 86 cents, well below the $2 premium earlier this week.
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Start a blockbuster new project! The PetroChina company is about to usher in a major leap forward
Time of Update: 2023-03-10
After three years of planning and a total investment of 33. 9 billion yuan, Jilin ushered in the transformation and upgrading project of PetroChina Jilin Petrochemical Company, the largest single inve
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Saudi Arabia called on OPEC+ solidarity UAE and others said they should stick to the current agreement
Time of Update: 2023-03-10
In addition, the energy ministers of the United Arab Emirates, Kuwait and Iraq said the organization should stick to the current production agreement to keep the market balanced and avoid any surplus.
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Oil prices are twists and turns! U.S. crude oil inventories do not fall, but increase, the Iranian nuclear agreement is close to completion?
Time of Update: 2023-03-10
According to Xinhua News Agency, Iranian Foreign Minister Abdollahian said a few days ago that Iran demanded assurances that neither party would withdraw from the Iranian nuclear agreement.
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The production and sales of maoming paraffin wax have achieved a good start
Time of Update: 2023-03-10
Maoming Petrochemical keeps the pulse of market sales and produces fast-selling paraffin. In January this year, paraffin wax production reached 1,965 tons, a year-on-year increase of 24%, and sales re
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Many factors supported the sharp rise in international oil prices
Time of Update: 2023-03-10
46 a barrel, the highest level since September 2014Since the beginning of the year, under the influence of the weakening of the Omicron strain, better than expected global oil demand, weak supply growth, intensified geopolitical turmoil in Russia and Ukraine, and snowstorms in the United States, international oil prices have shown a strong upward trend.
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Pakistan's oil prices may usher in a new round of rise
Time of Update: 2023-03-10
Sources said that Pakistan's domestic oil prices may usher in a new round of rise, of which high-speed diesel is expected to rise by 10.
Sources said that Pakistan's domestic oil prices may usher in a new round of rise, of which high-speed diesel is expected to rise by 10.
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Repsol made a profit of 2.5 billion euros last year
Time of Update: 2023-03-10
4 billion) in revenue during the year, including €624 million (£521 million) in the fourth quarter.
4 billion) in revenue during the year, including €624 million (£521 million) in the fourth quarter.
4 billion) in revenue during the year, including €624 million (£521 million) in the fourth quarter.
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For the first time, a lubricant company supplies tankers on the Atlantic coast
Time of Update: 2023-03-10
, Ltd. successfully supplied 8,000 liters of marine lubricants to the oil tanker "LIAN GUI HU" of COSCO SHIPPING Energy Transportation Co.
, Ltd. successfully supplied 8,000 liters of marine lubricants to the oil tanker "LIAN GUI HU" of COSCO SHIPPING Energy Transportation Co.
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Oil and gas prices remain high Repsol earnings are higher than expected
Time of Update: 2023-03-10
MC earnings reported on Thursday higher than market expectations, giving it more financial resources for low-carbon business, and investors are increasingly demanding energy companies.
MC earnings reported on Thursday higher than market expectations, giving it more financial resources for low-carbon business, and investors are increasingly demanding energy companies.
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Gasoline supply is even worse! Marathon Crude Oil (MPC. US) exploded at a large U.S. oil refinery and set off a fire
Time of Update: 2023-03-10
Marathon Crude Oil's Garriville plant in Louisiana is one of the largest plants in the United States and a major supply of gasoline, diesel and other fuels.
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The Iranian nuclear agreement may be reached soon, and U.S. oil has fallen 5% to $90 since the daily high
Time of Update: 2023-03-10
Earlier, Iran's chief nuclear negotiator, Bagheri Kani, said that after weeks of intensive negotiations, we are closer than ever to a deal, and oil prices gave up intraday gains and closed lower.
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The middle-aged anxiety of three barrels of oil: how to move from "old oil fields" to "new universes"?
Time of Update: 2023-03-10
On February 9, just after the New Year, the PetroChina Network Security and Informatization Conference, which has just signed a large contract with Russia for hundreds of billions of yuan of natural g
