China is aiming to set the next generation of tech standards worldwide, shaping where political and economic power resides.
China to see highest polypropylene capacity additions globally by 2028, according to GlobalData, Offshore Technology’s parent company.
China is likely to register the highest ethylene oxide capacity additions globally by 2028, according to GlobalData.
China to dominate acetic acid capacity additions to 2028, with more than 90% of the total capacity additions says GlobalData.
CNOOC has estimated that global oil prices will stay between $75 and $85 per barrel for the rest of the year.
Russia’s oil exports to India surpassed those going to China in July 2023, as Chinese refiners were hit by slowing internal demand.
Russia’s supplies of crude oil to China in July have fallen by 7.4% on the year, as slowing demand limits purchases by refiners.
Natural gas production in China has jumped by 6% in the first half of this year, thanks to state companies pushing up domestic output.
Crude oil from Saudi Arabia heading for China is likely to reach 44 million barrels in August, following price cuts from Saudi Aramco.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
