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Zhongsha Petrochemical Polycarbonate Substation Successfully Received and Transmission
Time of Update: 2022-01-05
The construction team of Sijian Electric Instrument stated that they will continue to do their best to complete all on-site construction work to ensure that the 260,000 tons/year polycarbonate project of Zhongsha (Tianjin) Petrochemical Co.
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The mouth flow formula of Northwest Oilfield solves gas well measurement problems
Time of Update: 2022-01-05
A few days ago, the "Application of Mouth Flow Formula in Yakra Single Well Measurement and its Simplified Form" completed by the Yakla Gas Production Plant Development and Research Institute passed the inspection and acceptance, and was in the evaluation and review of 6 projects Won the first prize.
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Shengli Oilfield's 2020 Excellent Standard Results Selection Announced
Time of Update: 2022-01-05
The 33 excellent standards recommended and declared by the secondary units of Shengli Oilfield won the first, second and third prizes.
This selection is in accordance with the "Management Measures for the Outstanding Standard Achievement Award of Shengli Oilfield Branch of Shengli Petroleum Administration Co.
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Installation of air cooler in Zhejiang Petrochemical Residue Hydrogenation Project
Time of Update: 2022-01-05
1 residual oil hydrogenation unit of the Zhejiang Petrochemical Phase II project undertaken by the Tenth Construction Company of Refining and Chemical Engineering were installed in place, marking the project’s shift from equipment construction to process pipeline installation.
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International crude oil prices plummeted on November 30
Time of Update: 2022-01-03
The settlement price of the main US WTI crude oil futures contract was reported at US$66.
39%, and the settlement price of the main contract of Brent crude oil futures was reported at US$69.
Oil prices hit the biggest monthly decline since March 2020.
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Rosneft expects oil transportation volume to be 40.19 million tons in December
Time of Update: 2022-01-02
19 million tons of oil through the company's network in December, up from 39.
12 million tons of crude oil will be exported via the Druzhba export pipeline in December .
5 million tons of crude oil through Russian ports this month .
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Saudi Arabia may raise the price of crude oil in the Asian market in January
Time of Update: 2022-01-02
According to foreign news on December 1, traders said that following the sharp rise in the Middle East spot market last month, Saudi Arabia, the top oil exporter, may raise crude oil prices in the Asian market in January, but weak refining profit margins and oil reserves released by consumer countries may be affected.
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EIA: U.S. crude oil production decline in 2021 will be lower than previously expected
Time of Update: 2022-01-01
S. crude oil production is expected to fall by 100,000 barrels per day to 11.
18 million barrels per day in 2021; the decline is lower than last month’s estimate of 150,000 barrels.
Crude oil production next year is expected to increase by 670,000 barrels per day to 11.
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EIA report forward-looking: US crude oil inventories may drop for the second week in a row last week
Time of Update: 2022-01-01
The average survey of six analysis institutions shows that as of the week of December 3, US crude oil inventories are expected to decrease by approximately 1.
As of the week of November 26, US crude oil inventories fell by 910,000 barrels, and analysts expected a decrease of 1.
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U.S. strategic reserve crude oil inventories fell to the lowest level since May 2003
Time of Update: 2021-12-31
S. Energy Information Administration (EIA) released a report on Wednesday that as of the week of December 3, crude oil inventories in the U.
7 million barrels per day last week, the highest since May 2020 .
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Saudi Aramco supplies full crude oil to multiple Asian buyers
Time of Update: 2021-12-31
According to foreign news on December 10, two people familiar with the situation said on Friday that Saudi Aramco has notified at least two North Asian buyers that it will supply crude oil in full in January .
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Russia’s Lukoil expects OPEC to extend its current production agreement at its January meeting next year
Time of Update: 2021-12-29
Foreign News reported on December 17, Leonid Fedun, vice president of Russian oil giant Lukoil, said on Friday that he expects OPEC to stick to its decision to increase oil production by 400,000 barrels a month at a meeting in January .
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U.S. crude oil inventories expected to fall by 2.8 million barrels last week
Time of Update: 2021-12-28
The average survey of 8 analysis institutions shows that as of the week of December 17, US crude oil inventories are expected to decrease by approximately 2.
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Kazakhstan says oil production exceeded OPEC quota in December
Time of Update: 2021-12-24
The Ministry of Energy stated that Kazakhstan "will do its utmost to increase its implementation rate for the rest of the month .
556 million barrels per day .
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Substation of Zhongsha Polycarbonate Project Successfully Received and Transmission
Time of Update: 2021-12-14
, which was responsible for the construction by Sijian Electric Instrument Company, was successfully supplied with one power.
At 13:00 on January 10, the construction safety technical report of the substation was completed, all inspections and confirmations were completed, and the power transmission officially began.
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Power interruption in Kazakhstan on January 11th, daily oil production drops by 11%
Time of Update: 2021-12-14
One of the sources said that the Kashagan oil field production on January 12 was still below normal .
Tengizchevroil of Chevron, the operator of the Tengiz oilfield, said that due to the power outage on January 11, 2021, an equipment was temporarily interrupted .
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Gulei refining and chemical EVA unit steel structure modular hoisting started
Time of Update: 2021-12-14
4 steel structure module of the 300,000-ton/year EVA unit of the Ten Jian Gulei Refining & Chemical Corporation was smoothly and safely hoisted in place, completing the first on-site modular installation of the unit.
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Traders accelerate floating oil storage sales to meet Asian demand
Time of Update: 2021-12-14
According to Crude Oil News, trade sources and analysts said traders have accelerated the sale of crude oil from floating storage in December to meet higher demand in Asia, as refineries in the region cut production to meet the peak winter consumption .
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The newly added cold box of Sinopec's ethylene transformation project begins to close
Time of Update: 2021-12-14
3 million tons of ethylene renovation project undertaken by the Fourth Construction Third Engineering Company has entered the final stage of the new cold box pipeline, laying a solid foundation for the next step.
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Hainan Refining & Chemical 2.6 million tons/continuous reforming unit started
Time of Update: 2021-12-14
6 million tons/continuous reforming unit officially started construction.
6 million tons/continuous reforming device, the whole plant process and heat pipe network, circulating water field, regional substation CS60, combined device 35/6/0.
At present, the project department has completed various preparations and started construction on time according to the time node.
