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RONGSHENG PETROCHEMICAL
China further eases fuel export curbs for JulyChina has lifted refined fuel export restrictions for the remainder of July. A private refiner, Zhejiang Petrochemical, can now resume its ...
Chinese refiners begin run cuts as Iran war tightens oil supplyRecent turbulence in the Strait of Hormuz has led to significant operational changes among China’s major refiners. Zhejiang Petrochemical C...
Latest US sanctions on Russia throw global oil trade into disarray, India scramblesTightened U.S. sanctions on Russian oil have disrupted trade with China and India, increasing demand for Middle Eastern and African crudes,...
A glut of made-in-China plastic will dent oil’s growth machineChina's investment in the petrochemicals industry is leading to excess capacity and falling profit margins for the industry as a whole, as ...
Six reasons Asia's oil refiners aren't going away anytime soonThe speedy adoption of technologies such as electric vehicles is causing the biggest shock to the oil industry in half a century and naviga...
China set to eclipse America as world’s biggest oil refinerThe Covid crisis has hastened a seismic shift in the global refining industry as demand for plastics and fuels grows in China and the rest ...
Saudi Arabia may cut or keep Asia crude prices steady in December: SurveySaudi crude OSPs are usually released around the fifth of each month, and set the trend for Iranian, Kuwaiti and Iraqi prices, affecting mo...