BLACK CHINA BLOG >> Crude Oil


As most of you know, every year folks from around the world descend on the annual TMS convention to discuss the latest developments in petcoke, calcined coke and other raw materials. This year TMS is being held in San Diego. And each year, I run a live blog, describing the atmosphere and the […]

By: Paul Adkins | Read More

          Here is a report from AFP, which pretty much covers the story of the latest fire at PetroChina’s Dalian refinery. As more information comes in, we will post it here. A major fire broke out Monday at a refinery in northeast China owned by state-owned oil giant PetroChina, the official […]

By: Paul Adkins | Read More

The word is out that Bechtel have purchased the coker technology section of Conoco Phillips. Several of the senior engineers have been transferred to Bechtel with the purchase, though it isn’t clear yet what this means for COP’s needle coke and specialty coke group. One can argue that an engineering company is a better […]

By: Paul Adkins | Read More

Reports are emerging that a major explosion has occurred at Petrochina’s Fushun oil refinery. Fushun is in far northern China. The reports are indicating that the explosion occurred in the residue FCC at number 2 refinery, at about 9.30am this morning local time. The number 2 refinery can process up to 8 million tonnes […]

By: Paul Adkins | Read More

Following on the heels of the diesel fuel shortage and the increased crude processing to fix it, comes news that China’s crude oil consumption has already exceeded last year. China’s crude oil demand hit 393 million tons to the end of November, 10.7% higher than this time last year. November itself came in at 13% […]

By: Paul Adkins | Read More

Sinopec has advised that it plans to reduce exports of diesel fuel in the remaining 2 months of the year by up to 70%, increase production of the fuel up to record amounts, and look to import diesel. Why? I do not claim to know much about crude oil processing, and whether the stories we […]

By: Paul Adkins | Read More
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