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Indonesia will stop imports of liquefied petroleum gas and fuel by 2030
Time of Update: 2021-06-09
Djoko said in a live TV broadcast on CNBC Indonesia that the strategy includes building or upgrading oil refineries, converting oil refineries into biodiesel refineries, increasing domestic production of liquefied petroleum gas, and building a natural gas pipeline with the goal of connecting 10 million natural gas.
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The outlook for summer demand is optimistic, oil prices are close to US$70 per barrel
Time of Update: 2021-06-09
According to a Reuters report on May 5, as the United States and parts of Europe relax the blockade, this indicates that fuel demand in the summer is expected to increase, offsetting concerns about the increase in infection cases in India and Japan.
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The proportion of new plastic products of Yangzi Petrochemical exceeds 70%
Time of Update: 2021-06-09
China Petrochemical News Network reported in April that Yangzi Petrochemical kept a close eye on the market, continuously optimized its product structure, and actively developed and produced high value-added plastic products.
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Technology helps Jilin's new energy development in the ascendant
Time of Update: 2021-06-09
In order to ensure the coordinated development of new energy in Jilin Province, State Grid Jilin Power has accelerated the implementation of source network load storage technology research, promoted the flexibility of thermal power units, improved grid regulation capabilities, and the construction of new energy and diversified load trading mechanisms to achieve high efficiency of new energy use.
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The Fourth Construction Company awarded a license for the staff innovation studio
Time of Update: 2021-06-09
The Fourth Construction Company requires employees’ innovation studios to persist in centering their work, and all topic selection, project research and development, and technical research must be carried out around the key tasks of reform and development, so that the innovation results can be applied to technology and management practices as soon as possible, and achieve practical results.
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Nigeria's April oil revenue plummeted by 98%
Time of Update: 2021-06-08
China Petrochemical News Network reported on June 2 that according to local media reports, Nigeria’s National Petroleum Corporation stated that Nigeria’s crude oil export revenue from March to April this year fell by 98% due to fluctuations in gasoline prices.
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Iraq’s oil revenue in May was US$5.9 billion
Time of Update: 2021-06-08
The US company plans to sell the stake in the prominent field-which has recoverable reserves of more than 20 billion barrels-in part to reduce the accumulated debt in the past year.
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Oil prices hit a two-year high
Time of Update: 2021-06-08
Sinopec News Net, according to today's oil price website, on June 1st, oil prices hit their highest level in more than two years because OPEC+ agreed to maintain its production cut plan while demand forecasts continue to improve.
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Jinling Petrochemical launches leak detection and repair to help green enterprise construction
Time of Update: 2021-06-08
In response to serious corrosion problems, Jinling Petrochemical is the first to carry out leak detection and repair (LDAR) in the country, introduces the most advanced leak detection equipment in the world, establishes a special leak detection team, and establishes a leak-free based on the equipment management information system The management information platform tracks the effect of device leakage detection and repair throughout the entire process, significantly reducing device leakage points and further improving regional air quality.
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Petronas uses Schlumberger software to speed up oilfield development planning
Time of Update: 2021-06-08
"These digital solutions will enable Petronas to accelerate its field development planning and optimize production performance of its assets," Schlumberger "The strategic approach to digital transformation, the adoption of the OSDU Data Platform, and the DELFI environment position Petronas among the digital leaders of the industry, and we are proud to be supporting them in this journey," said Rajeev Sonthalia, president of Digital & Integration, Schlumberger.
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Qilu Petrochemical Rubber Factory's high-quality products win the big market
Time of Update: 2021-06-08
" For a long time, the rubber factory has always insisted on customer first, strict implementation of quality control, and the high-grade synthetic rubber rate has reached the domestic advanced level, effectively promoting the continuous increase of market share.
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PetroChina releases 2020 Environmental Protection Bulletin
Time of Update: 2021-06-08
Since the "Thirteenth Five-Year Plan", PetroChina has focused on fighting a tough battle for pollution prevention and control, implemented the National Air, Water, and Soil Pollution Prevention and Control Action Plan and supporting strengthening measures requirements, and formulated the "Low-Carbon Development Roadmap", "Pollution Control Upgrade Plan", and "Ecology" The “Protection Outline” has established a “1+3” system for the group’s ecological and environmental protection development.
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Hebei Petroleum Establishes 351 Guaranteed Supply Sites to Guarantee Supply for "Three Summers"
Time of Update: 2021-06-08
These sites can open the "Youdi" registration service for free, and make accurate and targeted profit through the "Sanxia Agricultural Machinery Hand Diesel Package".
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Chemical Marketing North China and Weigao Group launch party building and co-construction
Time of Update: 2021-06-08
and the Party Branch of Weigao Group Technology Center signed a party building agreement to deepen cooperation with the top three strategic customers in the industry.
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BP invests US$220 million in US solar development projects
Time of Update: 2021-06-08
This asset has a production capacity of 9 GW, marking BP's first independent investment in solar energy since it acquired shares in Europe's largest solar developer Lightsource in 2017.
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Zhongyuan Petrochemical has raised the safety flag for 20 consecutive years
Time of Update: 2021-06-08
Sinopec News Network reported on the morning of June 1, the launching ceremony of Zhongyuan Petrochemical's 2021 "Safety Production Month" event was held in the front area of the factory.
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Repsol sells exploration assets in Malaysia and Vietnam
Time of Update: 2021-06-08
The sale of the company's upstream assets in Malaysia and in Block 46 CN in Vietnam supports Repsol's broader rationalization of its global portfolio, streamlining its presence from 25 to 14 core countries within the framework of the multi-energy company's 2021-2025 Strategic Plan that focuses on the geographic areas with the greatest competitive advantages.
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Gulei Ethylene Project strives to build a green and environmentally friendly construction site
Time of Update: 2021-06-08
In the initial stage of project construction, due to the deep intersection of civil engineering and underground pipe network construction, the project department took ground hardening and soilless construction as the key line for building green ethylene construction sites.
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Saga Pure invests in LNG and hydrogen technology
Time of Update: 2021-06-08
After the investment is completed, Saga Pure holds approximately 33% of IC Technology and holds the option to invest another 30 million Norwegian kroner in the company.
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Saudi Aramco closes subsidiary in Azerbaijan
Time of Update: 2021-06-08
In addition, the two parties also introduced Saudi Aramco, SABIC and ACWA Power's oil production, processing and petrochemical products in related fields in Azerbaijan to the world market, as well as participation and investment prospects.
