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Oil Rally Stumbles on Fears Hedge Fund Buying Spree Went Too Farby  Bloomberg|Jessica Summers|Tuesday, January 16, 2018TweetinShare5  (Bloomberg) -- Oil reversed course as a record crude-buying spree by hedge funds spurred concern that prices may be due for a correction after hitting three-year highs.Futures in New York slipped 0.9 percent on Tuesday, ending a five-day rally, while prices in London slid to the lowest in a week. Hedge funds last week boosted their bullish bets on crude to record levels, according to the U.S. Commodity Futures Trading Commission and ICE Futures Europe. Now traders are weighing signs crude may be overbought."Typically when the boat gets tipped greatly to one side, like it is right now, you get a reversal," said John Kilduf...
发布时间: 2018 - 01 - 17
November 23, from China's largest commercial oil transit base - a subsidiary of Sinochem Corporation in the oil transit of Xing (Zhoushan) Co. Aoshan base with the news came of the base a 30-ton oil terminal formally confirmed by the state. Ministry of Transport by the State Water Board, Zhoushan City, Zhejiang Province and composed of relevant government departments at all levels of the Group of Experts, construction and commissioning of the terminal, etc. were examined and unanimously agreed to acceptance.      The 30-ton oil terminal can berth 375,000 tons the large...
发布时间: 2015 - 07 - 23
China National Offshore Oil Corporation, fine chemicals, today (November 14) Dongfang City in Hainan Industrial Park under construction, total investment is 8.3 billion.      Reported that two phases of the project works, step by step, simultaneous construction and production. An investment of 4.341 billion yuan, the main products are LPG, MTBE, naphtha and diesel fuel blending component, etc. The project is expected in December 2012 put into operation; second phase investment of 3.993 billion yuan, the main products of acrylonitrile, styrene , MMA and acetonitrile, et...
发布时间: 2015 - 07 - 23
Development and Reform Commission announced that it has approved the acquisition of Brazilian oil company, Sinopec Group, the two blocks 20% of the equity.
发布时间: 2015 - 07 - 23
December 21, in another major Kazakh energy cooperation projects - in the second phase of Kazakhstan natural gas pipeline (not Yinie Wu - Shymkent gas pipeline) in Kazakhstan Ak correct compressor stations in Pennsylvania grand Ba Zhuoyi held a groundbreaking ceremony.        By video link, Kazakh President Nursultan Nazarbayev in Astana, the main venue to hear the vice president of China Petroleum and Sun Bo AG Kazakh national oil and gas companies and gas sector, general manager of the report from the scene Nursultan Love After the start order issued. Chine...
发布时间: 2015 - 07 - 23
Oil into gas stations, sales and stock balance can automatically correct? The oil management software can also extract data from tens of thousands of gas stations?        Recently held in Atlanta in the U.S. convenience store and gas station equipment exhibition (NACS / PEI), the Weidelute the company's innovative technology products for the oil station management provides a solution for problems and introduced a gas station for the future needs of the development of new features and new products.        From around the worl...
发布时间: 2015 - 07 - 23
December 29, Shenhua coal liquefaction project butt Fair held in the Eastern meters, Shenhua Group Corporation Limited produces 300 million tons of coal liquefaction project will be located in the Eastern rice.        Same day, Fort Industrial Park, Oasis meters Eastern Park, an area of 4 square kilometers of the coal-oil project site has been identified. The project is planned investment by two-step construction, every step of the investment of more than 200 billion yuan, a year after production 100 million tons of coal direct liquefaction and indirect lique...
发布时间: 2015 - 07 - 23
The afternoon of January 4, Fu Chengyu, general manager of China National Offshore Oil Corporation announced to the media in 2010, China National Offshore oil and gas production exceeded 51 million tons of oil equivalent, oil generations of people building "sea Daqing" dream come true.        Over the past 10 years, China added 53% of oil production from the sea, in 2010, this proportion had reached 80%. Currently, CNOOC has built 82 in the China Sea oil and gas fields, China's annual output of about 1 / 4, China has become one of the world's four m...
发布时间: 2015 - 07 - 23
January 14, 2011, BP chief executive Bob Dudley and the Russian oil company on behalf of President Hu Na Tuofu Edward BP headquarters in London, signed an agreement, both sides will develop in the Russian Arctic continental shelf, with a total area of 125,000 Square kilometers of the great waters. The region has the world's largest untapped oil and gas resources, estimated oil reserves of 51 billion tons, natural gas amounted to 3 trillion cubic meters.
发布时间: 2015 - 07 - 23
Iranian Oil Minister Masoud Mir - Kazemi 16, announced Iran near the Persian Gulf south of the country discovered a large gas field.        Iran's Fars Province news agency quoted Mir - Kazemi as saying that the newly discovered gas field called "Khayyam" in Iran's energy special economic zone east of Assam Lu Ye.        Mir - Kazemi said that the gas geological reserves of 2,600 billion cubic meters, recoverable reserves of 80% of total reserves reached 210 billion cubic meters.The total value of new gas fields re...
发布时间: 2015 - 07 - 23
Xinhua Beijing February 23, 2011 (Xinhua Anbei, Junchao Hu) China Petroleum & Chemical Corporation 23, announced that its International Petroleum Exploration and Development affiliated with the U.S. Occidental Petroleum Ltd. has been acquired for the project to complete delivery of Argentina.        Sinopec to 2.45 billion acquisition of 100% subsidiary of Occidental Petroleum shares of Argentina and its affiliates. The project is the acquisition agreement on December 10, 2010 signed.        Sinopec said that through thi...
发布时间: 2015 - 07 - 23
February 21, Shandong Haihua Group plans to invest in the petrochemical, salinization integrated project team will be held in coordination, the feasibility of the project plan was discussed. CNOOC Shandong Haihua Group accounted for 51% of the shares, the actual controller for the company. Been demonstrated by the project, it will be China's CNOOC in its "second Five Year Plan", which will become the characteristics of the larger northern China chemical industry zone.        Currently, these projects need to organize experts. Preliminary estimates, ...
发布时间: 2015 - 07 - 23
From the China Petroleum and Petrochemical Equipment Industry Association, the Eleventh China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe2011) 2011 March 22 to 24 in Beijing China International Exhibition Center (New Hall) at. The show attracted participants from 45 countries and regions, 1,500 exhibitors, the exhibition area of 80,000 square meters to 40,000 professional visitors.    According to Association, responsible person, the China International Petroleum & Petrochemical Technology and Equipment Exhibition is the internation...
发布时间: 2015 - 07 - 23
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