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The first commercial hydrogen energy project of Dutch Shell in China settled in Zhangjiakou!
Time of Update: 2022-03-21
signed a hydrogen energy integration demonstration base construction project cooperation agreement.
The construction of this project will become another milestone in the development of Zhangjiakou’s hydrogen energy industry.
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Cold LNG market prices continue to fall during peak season
Time of Update: 2022-03-20
Industrial users have reduced production, demand continues to decline, and cold air hits, rain and snow affect logistics , Manufacturers’ shipments may continue to be under pressure, and the domestic LNG market is expected to run weakly .
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Rising crude oil boosts the liquefied gas market after a few days of consecutive declines and rebounds
Time of Update: 2022-03-13
According to the data monitoring of the business agency, on November 15th, the average price of liquefied gas in Shandong market was 3,233.
At present, the mainstream transaction price in the civil gas market in Shandong is mostly around RMB 3050-3150/ton .
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U.S. imports of Saudi crude oil fell to its lowest level in more than 30 years
Time of Update: 2022-02-27
In October, Saudi Arabia sent less than 100,000 barrels of crude oil per day to the United States, while exports to China increased during the same period .
S. Energy Information Administration show, the amount of crude oil delivered to American customers last week was only 73,000 barrels per day .
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Brent crude oil price spread widens after OPEC reached agreement
Time of Update: 2022-02-14
Foreign news on December 4, after OPEC reached an agreement to gradually increase production early next year on Thursday, the Brent crude oil price gap widened to the highest level since March .
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More positive to enter the December liquefied gas market welcomes price increases
Time of Update: 2022-02-12
And entering December, the weather has cooled, downstream demand has improved significantly, replenishment has been relatively active, manufacturers' overall shipments have been relatively good, and inventories are mostly at low levels, supporting the continuous rise of civil gas prices in the Shandong market .
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EIA report: Crude oil inventories increased by 15.189 million barrels in the week ending December 4
Time of Update: 2022-02-10
EIA report: As of the week of December 4, commercial crude oil inventories excluding strategic reserves increased by 15.
Last week, US domestic crude oil production decreased by 0 million barrels to 11.
93 million barrels per day, a decrease of 7.
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Shenergy Shanghai LNG storage tank expansion, project trial production successfully put into operation
Time of Update: 2022-02-10
Recently, the trial production and commissioning ceremony of Shenergy Group's storage tank expansion project was held at the Yangshan receiving terminal.
Two newly added 200,000 cubic LNG (liquefied natural gas) storage tanks were successfully put into operation.
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Global oil demand is expected to accelerate the rebound in the second half of 2021
Time of Update: 2022-02-06
Midgley said, "Future aviation fuel demand will remain sluggish, which will increase the excess supply of distillate in the first half of the year, and refineries will choose to produce gasoline more .
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Asian LNG prices rise to more than two years high due to heating demand
Time of Update: 2022-01-30
com, according to trade sources, the spot price of LNG in Asia rose to the highest level since September 2018 due to strong heating demand, tight supply and rising freight rates.
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Variants of the new crown virus cause fuel demand concerns, oil prices plummet
Time of Update: 2022-01-28
The main reason for ending the recent consecutive increase in oil prices was the mutation of the new crown virus in the UK, which spread more rapidly, resulting in stricter restrictions in the UK and Europe as a whole, which in turn triggered market concerns about the expected recovery of fuel demand .
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Baker Hughes: The number of active oil and gas rigs in the United States rises for the fifth consecutive week
Time of Update: 2022-01-27
US energy services company Baker Hughes (Baker Hughes) said in a closely watched report on Wednesday that as of the week of December 23, the number of active oil and gas rigs, the leading indicator of future production in the United States, increased by two to 348.
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A glimpse into the tight supply pattern of the oil market from the price of U.S. crude oil futures
Time of Update: 2022-01-26
According to foreign news on January 6, it can be seen from the price of US crude oil futures that crude oil supply will remain tight at the beginning of the new year, even if the outbreak of the Omikoron variant, which may weaken energy consumption demand, will not end soon .
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Part of Libya's oil production to gradually recover
Time of Update: 2022-01-25
Libya declared force majeure on its oil exports on December 20 after crude production at four of the country's oil fields, including the largest 300,000 bpd El Sharara field, was shut down .
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Kazakhstan's daily oil and condensate production fell 6% month-on-month from January 1-9
Time of Update: 2022-01-25
Foreign news on January 10, according to two industry sources, Kazakhstan's daily oil and gas condensate production in early January fell by 6% from December last year, due to large-scale anti-government protests in the country .
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Novak: Russia expects global oil demand to increase by 5-6 million barrels per day next year
Time of Update: 2022-01-19
According to foreign news on December 28, Russian Deputy Prime Minister Novak said on Monday that he expects oil demand to increase by 5-6 million barrels per day next year and has not fully recovered from the epidemic .
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China has built a super large oil and gas field with an annual output of 60 million tons
Time of Update: 2022-01-19
In the shale oil demonstration zone and the 3 billion cubic meters tight gas efficient development demonstration zone, the annual natural gas output jumped to 44.
This year, China's oil and natural gas output is expected to reach 194 million tons and 186 billion cubic meters respectively.
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The global crude oil supply landscape will change dramatically in 2021
Time of Update: 2022-01-19
Platts analysis believes that despite relying on the unpredictable OPEC production policy, about 70% of the increase in crude oil supply next year may come from the Middle East, because Saudi Arabia and other nuclear oil-producing countries will add a total of 800,000 barrels per day to the market .
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Ten measures of Sinopec to ensure natural gas supply
Time of Update: 2022-01-17
Sinopec has established a regular heating season meeting mechanism under the supervision of party leaders and the participation of top leaders of relevant enterprises to timely convey the spirit of the central leadership’s instructions and the relevant work requirements of the National Development and Reform Commission, layer responsibilities, strengthen daily operation scheduling, and ensure the implementation of various tasks In place, real-time solutions to problems arising in the work of guaranteeing supply .
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Maoming Petrochemical Residual Oil Plant was successfully started in one run
Time of Update: 2022-01-12
Sinopec News Network News at 15:56 on December 31, 2020, the world’s largest and the country’s first slurry-bed residue hydrogenation unit undertaken by Shijian Company-Maoming Petrochemical 2.
