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Top News In Huaxing Petrochemical Today - Breaking & Trending Today

China's independents find hard to resist temptation of discounted Russian crude

After an initial period of caution, China’s independent refiners are becoming increasingly confident in snapping up attractively-priced Russian crude amid growing clarity that the conflict in Ukraine will not create major disruptions to shipment flows or financial transactions, unless sanctions are imposed. With Shandong’s pandemic-related restrictions easing and signs of improving refining margins, independent refiners . ....

Saudi Arabia , Lijin Petrochemical , Huaxing Petrochemical , Changyi Petrochemical , Southeast Asian , Mal Blend , Hengli Petrochemical ,

China independent refiners' Russian crude imports set to fall further from Feb lows

The appetite for Russian crude among China’s independent refiners fell to a nine-month low in February due to lower runs amid festive holidays and the Winter Olympics, while shipping risks and price volatility arising from Russia’s invasion of Ukraine may drive down inflows further in March. Russian crude imports by the independent refiners fell 43% . ....

Amurskaya Oblast , Saudi Arabia , Zhejiang Petroleum Chemical , Iranian National Oil Company , Chengda New Energy , Winter Olympics , Lijin Petrochemical , Kenli Petrochemical , Huaxing Petrochemical , Changyi Petrochemical , Zhejiang Petroleum ,

Trader interest for ESPO Blend burns bright as Chinese demand continues to flicker

Trader interest for ESPO Blend burns bright as Chinese demand continues to flicker
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United Arab Emirates , Brent Dubai Exchange Of Futures , Far East Russia , North Asian , Dubai Exchange , West African , Winter Olympics , Huaxing Petrochemical , Changyi Petrochemical , Zhenghe Petrochemical ,

Analysis: Sinochem, ChemChina merger to bring flexibility to oil business, expand in chemicals


Singapore
The much anticipated merger of Sinochem Group with ChemChina has paved the path to create an oil-to-chemicals giant that analysts said would give the companies flexibility to share oil trading and refining expertise to maximize margins in a competitive market, as well as boost the ability to produce more downstream products to support a fast-growing chemicals industry.
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For the oil segment, some of the key benefits of the merger would be the sharing of retail outlets, oil product quotas, feedstock resources as well as refining expertise, analysts and trade sources said. ....

Hong Kong , Zheng He , Estado Do Rio , Grace Lee , Administration Commission On , Sinochem Group , Zhenghe Group , Sinochem Energy , Hong Kong Based , Assets Supervision , Administration Commission , Quanzhou Petrochemical , Huaxing Petrochemical , Changyi Petrochemical , Shandong Based Changyi Petrochemical , ஹாங் காங் , ஜெங் அவர் , எஸ்டாடோ செய் ரியோ , கருணை லீ , ஹாங் காங் அடிப்படையிலானது , சொத்துக்கள் மேற்பார்வை , க்வாந்ஶூ பெட்ரோ கெமிக்கல் ,