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Exxon Mobil achieves first profit in 5 quarters
Time of Update: 2021-06-06
McNally said that as sales of petroleum products fell by 8% compared to last year, Exxon Mobil needs to "increase production to achieve profit recovery" in the refining business.
6 billion in the first quarter on higher oil prices , compared with a profit of USD536 million a year earlier.
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Heshun Petroleum accelerates the expansion of sites in and out of Hunan Province
Time of Update: 2021-06-06
Original title: “Family has "Yuliang" mergers and acquisitions, and Heshun Petroleum accelerates the expansion of sites inside and outside the province Original source: Securities Daily Reporter: He Wenying "The company has been focusing on its main business and taking chain operation as its development direction.
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Why is the upstream investment of international oil companies cautious?
Time of Update: 2021-06-06
As the world continues to prevent and control the new crown epidemic, and the energy industry is increasingly paying attention to diversified development beyond its core business, people have doubts about how long upstream project investment will return to the level before the epidemic.
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Shanghai Bureau and Petroleum Engineering Technology Research Institute signed a cooperation agreement
Time of Update: 2021-06-06
Recently, Sinopec Shanghai Offshore Oil Bureau and Sinopec Petroleum Engineering Technology Research Institute signed a strategic cooperation agreement in Beijing. The two parties will give full pla
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Baling Petrochemical pursues maximization of resource and energy utilization efficiency
Time of Update: 2021-06-06
35 million tons; clean energy was actively used, and the Ministry of Water Affairs photovoltaic carport power generation facilities were stably operated to reduce the purchase of 100,000 kWh of electricity; technical upgrades, Improve quality and reduce consumption, improve the economic and technical level of equipment and other key projects, provide technical support for key projects; promote green office methods, and save 10% of paper usage on the basis of the previous year.
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Norway plans to double the amount of hydrogen fuel in its budget
Time of Update: 2021-06-06
Although Norway has huge natural gas reserves, its renewable energy-dominant power generation capacity means that the country can also be in an advantageous position in terms of green hydrogen production.
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Nanjing Engineering and Nanhua Research Institute signed a cooperation agreement
Time of Update: 2021-06-06
For many years, Nanhua Company has been committed to the research and development of carbon dioxide capture and utilization technology, overcome many technical difficulties, and realized the transformation of many achievements, which has been widely used both inside and outside the system.
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East China Petroleum Bureau and Jiangsu Oilfield signed a strategic cooperation agreement
Time of Update: 2021-06-06
The East China Petroleum Bureau stated that under the strategic cooperation agreement, the two companies will, based on the principles of mutual benefit, win-win and common development, have in-depth cooperation in areas such as exploration and development, engineering technology, and production support, and give full play to their respective exploration and development and production management aspects.
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Shanghai Petrochemical maintains stable quality of polyester products during maintenance
Time of Update: 2021-06-06
Each professional line conducts special discussions on the basis of the test results every day, formulates the use plans of different batches and different manufacturers of raw materials, and adjusts the ratio scientifically and rationally through silo switching to ensure the stable quality of polyester products from the source.
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Repsol begins construction of its largest wind power project
Time of Update: 2021-06-06
According to a report from the "Energy Year" website in Madrid on May 13, Spanish energy company Repsol (Repsol) has begun construction of the Delta II wind energy project, which will be installed in 26 wind power plants in the Aragon region of northeastern Spain.
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Shanghai Offshore Oil Bureau starts from "zero" and marches towards "zero"
Time of Update: 2021-06-06
While continuously improving the system, strengthen the on-site safety management of "Measuring, Recording and Testing", sort out process safety risks, implement personnel responsibilities, formulate control measures, optimize operation procedures, give full play to technical advantages, and ensure the safety of underground operations.
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"Eight Questions" on the "Black" Incident of America's Largest Oil Pipeline
Time of Update: 2021-06-06
Author: Zhong Xin The largest fuel pipeline operator in the United States recently encountered a ransomware attack and was forced to temporarily shut down the system for a few days, causing widespread disruption of pipeline transportation.
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The weather turns warmer, natural gas prices rise in the US market
Time of Update: 2021-06-06
The US benchmark natural gas price jumped by more than 5% on Monday, as power generators are expected to burn more natural gas to maintain normal operation of air conditioners that have just started to go online in the lower half of the eastern United States.
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EIA raises its forecast for U.S. unconventional oil production growth by more than 7 times in May
Time of Update: 2021-06-06
From April to May this year, US total oil production will only decrease by 3,000 barrels per day EIA officials said that behind the upward revision of the data is the increase in the productivity of each rig and the recovery to better-than-expected levels from the severe winter cold that led to widespread shutdowns of oil wells in February.
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South Africa wants to hold 20% of free shares in new oil and gas companies
Time of Update: 2021-06-06
The Upstream Petroleum Resources Development Bill, approved by cabinet earlier this week, is meant to help regulate a nascent industry in the country following new offshore gas finds by France's Total TOTF.
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Shengli Oilfield Oil and Gas Downhole Operation Center Creates Efficient Brand
Time of Update: 2021-06-06
In order to improve the construction effect, special sand control equipment is coordinated from the Gudong operation area.
It was applied to the Shengmin Production Area to improve the effective sand control efficiency, and successively restored the daily oil level of 6.
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The first oil-hydrogen combined construction station of Jiangsu Petroleum was put into use
Time of Update: 2021-06-06
The newly commissioned Nanjing Gaochun Chengbei Science and Technology New City Oil-Hydrogen Combination Station uses more integrated skid-mounted equipment to meet the 35 MPa domestic conventional vehicle refueling interface and pressure.
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The largest offshore wind farm group in Zhejiang Province is officially connected to the grid
Time of Update: 2021-06-06
4 offshore wind power grid connection project in the northern waters of Zhoushan, Zhejiang Province was successfully put into operation.
The total installed capacity of wind farms that have been connected to the grid has reached 654,000 kilowatts, and the power generation scale has reached about 30% of the wind power in Zhejiang Province.
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U.S. inventories decrease and crude oil prices rise in U.S. market
Time of Update: 2021-06-06
API data show that since the beginning of 2020, crude oil inventories have increased by more than 50 million barrels.
Oil prices rose the day before the data was released because the oil demand forecast in OPEC's latest version of MMOR remained unchanged, and the disruption of the Colonial pipeline caused oil refineries on the Gulf Coast to curb production.
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Asian LNG spot price hits $10
Time of Update: 2021-06-06
According to industry insiders, the price of a batch of cargo sold by Petronas from Brunei LNG to North Asia from July 1st to 7th exceeded US$10 per million British thermal units.