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BEIJING/SINGAPORE -China has set a minimum size for new oil refineries and will ban small crude processors that claim to be chemicals or bitumen producers under its plan to limit total capacity at 1... -October 25, 2023 at 05:08 am EDT - MarketScreener
BEIJING/SINGAPORE :China has set a minimum size for new oil refineries and will ban small crude processors that claim to be chemicals or bitumen producers under its plan to limit total capacity at 1 billion metric tons by 2025, its state planner said on Wednesday.China, the world's top crude oil importer, fir
Russia's oil exports have practically returned to normal as Asia, headed by India, has recently overtaken Europe as Moscow's top trading partner, , oil export, india, russia
Exports from traditional suppliers are being squeezed. Flows to the pair from West Africa and the US have collapsed by more than 40% and 35%, respectively.
The expert interpretation meeting of the Blue Book on the Development of China's Petroleum Circulation Industry (2022-2023) was held in Beijing on April 25. Wang Nengquan, member of the Expert Committee of the China Petroleum Circulation Association and former chief economist of Sinochem Energy, said at the meeting that as consumption and production activities return to normal, the overall demand for refined oil products will show a steady growth trend.