Tag Archives: China

In some ways China’s independent refiners have become the single most important driver of overall global crude demand growth.

A final decision from the South African government is expected to be announced in March or April and Sinopec could still lose the dea.

China’s crude oil imports from Russia rose by 11 percent on the year in November.

The 650.000-barrels-per-day refinery will come on stream by September 2019.

The Sanchi was carrying 136.000 tons of condensate. worth some $60 million. and bound for the Republic of Korea.

The Iranian tanker collided with a Chinese vessel off east China coast on January 6 and all those on board went missing.

Shana said. however. that the oil tanker is still burning and is considered to be ".at risk of exploding.".

The Shanghai Maritime Safety Administration said areas surrounding the Sanchi tanker were still burning.

The extent of the spill and environmental hazard were still unclear.

This soaring demand has already created shortages in parts of the country.