CNPC is engaged in hydrocarbon exploration and production operations in onshore and offshore areas in China and is authorized to cooperate with foreign oil Independent oil refiners in China's Shandong province are planning to form a consortium to integrate their production of oil products and petrochemicals, according to a planning document reviewed Banks are suspending the credit lines for some Chinese independent oil refineries amid rising concerns about overall industrial defaults and as the coronavirus outbreak has eaten into the LOCATION: Around 70% of the independent refineries are concentrated in China's eastern Shandong province. The remaining are scattered in the provinces of Liaoning, Ningxia, Shanxi, Jiangsu, Zhejiang and Guangdong.
3 Feb 2020 Independent refineries in China's eastern Shandong province, who The sudden production cut left crude oil storage tanks full at China's top
The independent refiners processed fuel oil as feedstock and, running at low utilisation rates, their retail market share in China was limited mainly to Shandong province, where most of them are located. The independent refiners sprang to global attention after they first received quotas to process imported crude oil in July 2015. Singapore — Crude oil imported for China's independent refineries in December hiked to another historical high of 12.6 million mt (2.98 million b/d), but the refiners still failed to use up their crude import quotas for 2018, a monthly survey by S&P Global Platts showed Monday. THE RISE OF CHINA’S INDEPENDENT REFINERIES Columbia University in the City of New York By Erica Downs* SEPTEMBER 2017 *Dr. Erica Downs is a non-resident Fellow at the Center on Global Energy Policy. In her full-time capacity, she is a senior research scientist in the China Studies division of the CNA Corporation, a non-profit research and The Oil & Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state. Crude imports by independent refineries in Shandong, as well as Henan Fengli Petrochemical, Hebei Xinhai Petrochemical and Jiangsu Xinhai Petrochemical in neighboring provinces, fell by a further 8.2% month on month to around 8.46 million mt in July.
May 2017 China’s Independent Refiners: A New Force Shaping Global Oil Markets Michal Meidan, Energy Aspects &Energy Insight: 12 OIES Research Associate 1. China’s ‘teapot refiners’: Evolution and Features China’s independent refiners sprang to global attention after they first received quotas to process imported crude oil in July 2015.
Fellow Erica Downs examines the history of China’s small, independent "teapot" refining sector, which has had a significant impact on oil markets since Beijing’s decision in 2015 to allow these refineries to import crude oil through a system of import quotas and licenses. The unique study, which draws on both external and local sources, including Chinese-language media reports, explores A sudden oil buying spree by China’s independent refiners has taken Asian traders by surprise. were cautious on whether the teapot purchases signaled a recovery in Chinese crude demand as The Shandong Province authorities (China) have approved a request to establish a refining conglomerate which will bring together the country's largest independent oil refineries, also known as "teapots". Around 70% of the Chinese "teapots" are located in the Shandong province. They appeared when the Chinese Government started to liberalise its energy sector. Material Analysis on Imported Fuel Oil Market, China’s Independent Refineries Crude Oil Import Analysis, Zhejiang Oil Depot Study Report, Fujian Asphalt Market Study Report, Shandong Independent Refineries Catalytic Units Study Report, etc. He also makes deep analysis in many reports, such as China’s Independent Refineries
A sudden oil buying spree by China’s independent refiners has taken Asian traders by surprise. were cautious on whether the teapot purchases signaled a recovery in Chinese crude demand as
Singapore — Crude oil imported for China's independent refineries in December hiked to another historical high of 12.6 million mt (2.98 million b/d), but the refiners still failed to use up their crude import quotas for 2018, a monthly survey by S&P Global Platts showed Monday. THE RISE OF CHINA’S INDEPENDENT REFINERIES Columbia University in the City of New York By Erica Downs* SEPTEMBER 2017 *Dr. Erica Downs is a non-resident Fellow at the Center on Global Energy Policy. In her full-time capacity, she is a senior research scientist in the China Studies division of the CNA Corporation, a non-profit research and The Oil & Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state. Crude imports by independent refineries in Shandong, as well as Henan Fengli Petrochemical, Hebei Xinhai Petrochemical and Jiangsu Xinhai Petrochemical in neighboring provinces, fell by a further 8.2% month on month to around 8.46 million mt in July.
May 2017 China’s Independent Refiners: A New Force Shaping Global Oil Markets Michal Meidan, Energy Aspects &Energy Insight: 12 OIES Research Associate 1. China’s ‘teapot refiners’: Evolution and Features China’s independent refiners sprang to global attention after they first received quotas to process imported crude oil in July 2015.
3 Feb 2020 Independent refineries in China's eastern Shandong province, who The sudden production cut left crude oil storage tanks full at China's top 14 Feb 2020 A sudden oil buying spree by China's independent refiners has taken Asian traders by surprise. Chinese oil and gas demand; Chinese domestic spot market; Chinese independent refinery surveys; Crude imports and exports by country of origin; Gas