China’s Refinery Output Rises 8.2% YoY in May
China’s crude oil throughput in May rose 8.2% YoY following independent refiners increasing production in response to the growing fuel demand as coronavirus lockdown restrictions ease.
China | Egypt Oil & Gas - Part 8
China to Shut Down Smaller Refineries, Build Giant Complex
China’s Shandong will go ahead with plans to shut down smaller, independent oil refineries with a combined capacity of 500,000 barrels per day (bbl/d) to make way for a giant complex that should aid economic recov ...
China’s Crude Imports Reach Record Levels
China’s crude imports exponentially increased last month to an all-time high of 11.34 million barrels per day (mmbbl/d), a 15% rise from April’s levels and 160,000 barrels per day (bbl/d) higher than the previous ...
China Makes Breakthrough in Deep Water Gas Exploration
A submarine pipeline at a depth of 1,542 meters has been successfully completed at the Lingshui 17-2 gas field in the South China Sea which could promote the exploitation of deep-water gas resources.
China’s Crude Imports to Increase by 2% in 2020
China’s crude oil imports are expected to increase by 2% in 2020 due to the drop in oil prices.
Gazprom Starts Work on Siberia-2 Pipeline
Russia’s gas major Gazprom has started a feasibility study for its Power of Siberia-2 pipeline project.
China Discovers 1.2 mcm of Gas in Exploration Well
PetroChina’s drilling of exploration well Penglai-1 has produced 1,219,800 cubic meters (mcm) of natural gas during production testing.
Oman’s Blend Crude Oil Exports Drop by 2.41% in April
The Sultanate of Oman’s average daily exports of Oman Blend crude oil in April was down 2.41%, totalling 894,139 barrels of oil per day (bbl/d).
Qatar Petroleum Enters LNG Shipyard Deal with China
State owned Qatar Petroleum (QP) announced that it has entered into an agreement with China’s Hudong-Zhonghua Shipbuilding Group Co. to reserve LNG construction capacity.
China’s Saudi Oil Imports Rise 47%
China’s oil imports from Saudi Arabia rose by 47% in 2019.
