The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil projections by the IEA of global oil demand peaking before 2030. The forecast ...
Sinopec gas station stands in front of a Sinopec ... which hit demand for diesel to run heavy machinery, as well as for the petrochemicals used in paint, pipes and insulation.
If China’s oil consumption is indeed plateauing, the implications could be monumental. For years, the IEA has predicted that ...
The country’s ongoing property crisis led to a slowdown in construction, which hit demand for diesel to run heavy machinery ... fall by 25-40 per cent over the next decade. In December, Sinopec, China ...
China's Sinopec plans to raise crude throughput next month by 100,000 to 150,000 barrels per day (bpd) from January to meet a ...
SINGAPORE: China’s Sinopec plans to raise crude throughput next month by 100,000 to 150,000 barrels per day (bpd) from January to meet a rise in travel demand during the Lunar New Year holiday ...
Seatrium has been awarded a contract by Japan-based Penta-Ocean Construction (POC) to carry out the engineering, procurement ...