China emerges as powerbroker in global climate talks
As nations jockey for position ahead of next month’s UN climate talks, the most significant of its kind since the Paris accord was sealed three years ago, negotiators are beating Continue Reading
Japan may halt Iranian oil loadings by March even after resumption
Japanese refiners are considering resuming Iranian oil imports from January following Washington’s recent sanctions waiver, but the window to load cargoes could halt in two months amid uncertainty about whether Continue Reading
Taiwan’s Iranian crude oil imports to fall 40% on year to 6 mil barrels in 2018
Taiwan’s Iranian crude oil imports would be capped at 5.99 million barrels in 2018, down 40% from the 9.95 million barrels in 2017 due to the snapback of US sanctions Continue Reading
Can Indonesia Turn Around Its Production Decline?
At the end of 2016, Indonesia—which had rejoined OPEC just several months before that—refused to take part in the production cut deal and suspended its membership in the organization. Now Continue Reading
China Refinery Throughput Keeps Close To Record
Chinese refineries processed an average of 12.43 million barrels daily last month, a little lower than the September record of 12.49 million bpd but still the second-highest monthly throughput rate Continue Reading
Natural Gas Skyrockets As China Pledges Huge Supply Boost
With an eye on last winter’s natural gas supply debacle, Chinese state-owned energy giant CNOOC has pledged a 20 percent rise in gas supply, the company said on Tuesday. The Continue Reading
China’s Oct crude throughput rises 5% on year to 12.48 mil b/d | S&P Global Platts
China’s refinery crude throughput rose 4.6% year on year to 52.78 million mt, or an average 12.48 million b/d, in October, preliminary data released by the National Bureau of Statistics Continue Reading
Saudi Aramco, Chinese researchers to pursue ultra-low emission fuels
Saudi Aramco, which has one of the biggest crude oil production operations and reserves in the world, said Friday it has teamed up with Chinese researchers, a company that builds Continue Reading
400,000 Bpd Dalian Refining Complex Gets Greenlighted
Fujia Group and China Huayang Economic and Trade Group Co. Ltd have signed a strategic cooperation agreement to jointly establish a 20 million mt/year (400,000 bbl/day) refining-chemical complex in Dalian Continue Reading
China’s October refinery output second highest on record, gas output at seven-month high
China’s October refinery runs rose to the second highest on record for any month on a daily basis, official data showed on Wednesday, as refiners ramped up production amid strong Continue Reading