Shell obtains license to trade oil products in China's
has awarded a license to Royal Dutch Shell to trade oil products in China's wholesale market. It is the country's first such license for a wholly-owned foreign company.
opens oil, gas exploration market to private, foreign firms Xinhua 10, January, 2025,16:17 GMT+8 Photo/Shetuwang. will fully open up its market for oil and gas exploration and production to private and foreign companies, the Ministry of Natural Resources said Thursday.
China's Oil Wholesale Market Opens Up -- china.org.cn
China's Oil Wholesale Market Opens Up Adjust font size: The oil product wholesale market in will be open to and foreign investors from next year, the Ministry of Commerce announced
opens up press wholesale market By Xin Dingding (Daily) Updated: 2004-08-19 01:19. will open its book, newspaper and periodical wholesale market to overseas investors by the end
CNOOC-Shell plant opens in Guangdong Daily
CNOOC-Shell plant opens in Guangdong. National Offshore Oil Corporation and Shell Nanhai BV announced the start up of their second ethylene cracker at their Nanhai petrochemicals complex
The new trend in perfumes and fragrances in mines the country’s rich heritage of scents while giving them with a Western twist. Here are some examples of brands or stores that are running with this hot new trend, not just to push perfumes to an affluent Chinese market, but also to offer luxury customers the most comprehensive universe of lifestyle options they could ever want.
Legal & Regulatory Archives Page 189 of 189 China
China’s oil industry inches closer to reform. April 3 The Ministry of Commerce (MOC) recently issued two guidelines on how and foreign companies can apply for wholesale crude and refined oil licences. According to The People’s Daily, these guidelines are set to bring about de facto market deregulation but analysts say that
sets up green channel to process PPP projects for epidemic control. 2025-02-18 09:15. established a green channel on a online platform to fast-track PPP projects urgently needed by epidemic prevention and control.
Burning the midnight market oil Global Times
Highlights: At 2:00 am most of us are fast asleep, yet for vendors at the wholesale market in Qingdao, East China’s Shandong Province, it is just the start of another busy day.Various kinds of
Fuel prices will be dramatically cut as the wholesale price of oil falls because of less demand for the resource across China. The nation is the second-largest oil consumer in the world but will
- How did China's oil demand change in 2024?
- Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared with the record high set in 2023. China, the world’s largest importer of crude oil, received 11.1 million barrels per day (b/d) in 2024, down from 11.3 million b/d in 2023.
- What is happening in China's oil market?
- China’s oil imports decline for the first time in two decades. Electric vehicles and LNG reshape China’s energy consumption trends. Global oil markets face uncertainty as China hits peak demand. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters.
- Where does China buy crude oil?
- China’s refiners purchase crude oil from dozens of countries, with Russia, Saudi Arabia, Iraq, Oman, and Malaysia being the largest sources. Imports from Malaysia increased significantly last year to 1.4 million b/d, which is more than Malaysia’s domestic crude oil production of around 0.6 million b/d.
- Why did China's fuel oil imports rise 6% in the first two months?
- China's fuel oil imports rose 6.8% in the first two months of 2025 from the same period last year, data showed on Thursday, as traders rushed to deliver the shipments booked ahead of an increase in import taxes and lower tax rebates.
- How much oil is consumed in China last year?
- We estimate that 16.3 million b/d of petroleum and other liquid fuels were consumed in China last year, second only to the United States globally.
- Is China's oil demand plateauing?
- The country’s demand for crude seems to be plateauing sooner than expected. The implications are huge Amin Nasser, the head of Saudi Aramco, the world’s largest oil company, has always had one special customer: China.