PetroChina

Global IMO 2020 Compliant Marine Oil Market Analysis to 2029 - Opportunities for ULSFO Compliant Marine Oil in Asia-Pacific & North America

Retrieved on: 
Tuesday, January 14, 2020
Companies, Oil companies, Rockefeller family, H shares, Chevron Corporation, BP, Mobil, Exxon, PetroChina, Sinopec

The ultra-low sulfur fuel oil segment dominated the global IMO 2020 compliant marine oil market in 2018 and is anticipated to maintain its dominance throughout the forecast period (2019-2029).

Key Points: 
  • The ultra-low sulfur fuel oil segment dominated the global IMO 2020 compliant marine oil market in 2018 and is anticipated to maintain its dominance throughout the forecast period (2019-2029).
  • The IMO 2020 compliant marine oil market is segregated by region into four major regions, namely North America, Europe, APAC, and Rest-of-the-World.
  • The key market players in the global IMO 2020 compliant marine oil market include BP p.l.c., Exxon Mobil Corporation, Chevron Corporation, Royal Dutch Shell plc, China Petrochemical Corporation, Petrobras, PetroChina Company Limited, Indian Oil Corporation Ltd, Total, and Gazpromneft Marine Bunker Ltd.
    What are the trends in the global IMO 2020 compliant marine oil market across different regions?
  • Which type of marine oil is expected to witness the maximum demand growth in the global IMO 2020 compliant marine oil market during 2019-2029?

Recon Technology Won A Three-Year Automation System Bid from Jidong Oilfield

Retrieved on: 
Thursday, January 2, 2020
Companies, Recon, PetroChina, Economy of China

NEW YORK, Jan. 2, 2020 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") today announced its subsidiary Nanjing Recon Technology Co., Ltd. ("Nanjing Recon") won the bid to build the automation system for PetroChina Jidong Oilfield Company ("Jidong Oilfield").

Key Points: 
  • NEW YORK, Jan. 2, 2020 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") today announced its subsidiary Nanjing Recon Technology Co., Ltd. ("Nanjing Recon") won the bid to build the automation system for PetroChina Jidong Oilfield Company ("Jidong Oilfield").
  • Pursuant to the bidding document, the materials bought by Nanjing Recon will be reimbursed by Jidong Oilfield with a 20% discount of the predetermined price under some temporary circumstances, so the total consideration will be reduced accordingly.
  • The oil & gas industry is transitioning toward automation to minimize human labor in the oil & gas process.
  • Our automation system can help oilfields reduce more than 90% labor cost and enhance their production efficiency at the production site," Mr. Shenping Yin, co-founder and CEO of Recon said.

2020 Inter LubricChina to be Held in Shanghai June 10-12

Retrieved on: 
Friday, December 6, 2019
Companies, Business organizations, H shares, Economy of China, Chaoyang District, Beijing, Sinopec, Shanghai, PetroChina, China Council for the Promotion of International Trade

SHANGHAI, Dec. 6, 2019 /PRNewswire/ -- Following the overwhelming success of the InterLubric show and conferences in Guangzhou last year, the 21st China International Lubricants and Technology Exhibition (InterLubric China), managed by Shanghai Intex Exhibition Co., Ltd.,will take place in Shanghai June10-12, 2020.

Key Points: 
  • SHANGHAI, Dec. 6, 2019 /PRNewswire/ -- Following the overwhelming success of the InterLubric show and conferences in Guangzhou last year, the 21st China International Lubricants and Technology Exhibition (InterLubric China), managed by Shanghai Intex Exhibition Co., Ltd.,will take place in Shanghai June10-12, 2020.
  • This summer, InterLubric China's flagship show will be held at Shanghai's National Exhibition and Convention Center, playing host to industrial lubricants professionals from around the globe.
  • Held annually and rotating between Beijing, Guangzhou and Shanghai, InterLubric China enjoys the strong support of SLTA, CCPIT and STLA, as well as the backing of key sponsors SINOPEC and PetroChina.
  • InterLubric China also boastsan array of high quality conference programs focused on industry trends, new technological advancements and industry innovations.

Ideanomics' Mobile Energy Group and Petro China Announce Strategic Partnership to Develop Clean Energy Fuel Stations in Nanjing, China

Retrieved on: 
Friday, September 13, 2019
Dongcheng District, Beijing, Companies, H shares, Economy of China, Berkshire Hathaway, PetroChina, China National Petroleum Corporation

PetroChina is the world's third largest oil company and plays a leading role in energy distribution throughout China.

Key Points: 
  • PetroChina is the world's third largest oil company and plays a leading role in energy distribution throughout China.
  • Under the terms of the agreement, MEG and PetroChina will establish a joint venture to construct new energy fuel stations and begin converting existing gas stations into hybrid stations.
  • "We are extremely pleased to be working with a major global energy supplier such as PetroChina on the future of energy needs for automotive transportation.
  • China National Petroleum Corporation (CNPC) is an integrated international energy company which distributes fuels under the PetroChina brand.

Ideanomics' Mobile Energy Group and Petro China Announces Strategic Partnership to Develop Clean Energy Fuel Stations in Nanjing, China.

Retrieved on: 
Friday, September 13, 2019
Companies, H shares, Dongcheng District, Beijing, Berkshire Hathaway, PetroChina, Energy economics, Economy of China, Sustainable energy

PetroChina is the world's third largest oil company and plays a leading role in energy distribution throughout China.

Key Points: 
  • PetroChina is the world's third largest oil company and plays a leading role in energy distribution throughout China.
  • Under the terms of the agreement, MEG and PetroChina will establish a joint venture to construct new energy fuel stations and begin converting existing gas stations into hybrid stations.
  • "We are extremely pleased to be working with a major global energy supplier such as PetroChina on the future of energy needs for automotive transportation.
  • For PetroChina, this agreement enables the upgrading and transformation of its existing gas station network into new energy and clean energy fuel stations, promoting the consumption of clean energy through traditional consumer points of purchase.

Global Lubricants Market to Reach US$ 163.37 Bn by 2026; Global Lubricants Market to Expand as Vendors Shine on Stock Exchange – TMR

Retrieved on: 
Thursday, September 12, 2019
Companies, Economy of China, Dongcheng District, Beijing, H shares, Petroleum products, Tribology, Berkshire Hathaway, Lubricant, Sinopec, PetroChina, China Petrochemical Corporation

Hence, the global lubricants market encompasses a large playfield of opportunities for vendors, investors, and stakeholders.

Key Points: 
  • Hence, the global lubricants market encompasses a large playfield of opportunities for vendors, investors, and stakeholders.
  • Research related to the uses, properties, and applications of lubricants has had a subtle effect on the growth graph of the global market.
  • This factor, coupled with the massive revenue-generation capacity of the wind energy sector, shall drive sales across the global lubricants market.
  • Some of the leading players in the global lubricants market are PetroChina Company Limited, China Petrochemical Corporation (Sinopec Group), and Total Group.

Grace Licenses UNIPOL® PP Process Technology to PetroChina Guangdong Petrochemical Company Limited

Retrieved on: 
Monday, August 19, 2019
Plastics, Physical sciences, Companies, Chemistry, Polyolefin, Polypropylene, Petrochemical, Catalysis, PetroChina, Economic catalyst

COLUMBIA, Md., Aug. 19, 2019 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA), the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOLPP Process Technology to PetroChina Guangdong Petrochemical Company Limited.

Key Points: 
  • COLUMBIA, Md., Aug. 19, 2019 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA), the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOLPP Process Technology to PetroChina Guangdong Petrochemical Company Limited.
  • PetroChinas decision to choose the UNIPOL PP technology was based on the ease of operation, the low-cost investment, the mature technology, and Graces catalysts portfolio.
  • The UNIPOL PP process technology also will provide an efficient way to produce a broad range of products and deliver significant value to customers throughout China.
  • The UNIPOL PP Process Technology coupled with Graces 6th generation non-phthalate CONSISTA catalysts and leading technical support will enable PetroChina Guangdong to meet the complex needs of their customers.

Honeywell Technology Selected for PetroChina Guangdong Integrated Petrochemicals Facility

Retrieved on: 
Thursday, August 22, 2019
Companies, Electronic design, Honeywell, PetroChina, Petrochemical, UOP LLC

DES PLAINES, Ill., Aug. 22, 2019 /PRNewswire/ --Honeywell (NYSE: HON) announced today that PetroChina Guangdong Petrochemical Company will adopt advanced heavy oil processing technology from Honeywell UOP for its integrated petrochemical complex in China.

Key Points: 
  • DES PLAINES, Ill., Aug. 22, 2019 /PRNewswire/ --Honeywell (NYSE: HON) announced today that PetroChina Guangdong Petrochemical Company will adopt advanced heavy oil processing technology from Honeywell UOP for its integrated petrochemical complex in China.
  • The new facility will have an annual crude processing capacity of 20 million tons, helping to meet a national energy security strategy while transforming PetroChina Guangdong into a more fully integrated petrochemicals supplier.
  • Honeywell UOP will provide a range of technology licenses, engineering design, key equipment, and state-of-the-art catalysts and adsorbents, operator training, technical services for startup and continuing operation.
  • "Our technologies will enable PetroChina Guangdong to produce aromatics on a large scale because of its ability to integrate refining operations with a full aromatics complex.

Recon Technology Announces Future Gas Station's Tripartite Strategic Agreement for Smart Gas Station Project

Retrieved on: 
Monday, July 8, 2019
Companies, Dongcheng District, Beijing, Economy of China, Online payments, H shares, Alibaba Group, Alipay, China National Petroleum Corporation, PetroChina

BEIJING, July 8, 2019 /PRNewswire/ -- Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), aChina-based independent solutions integrator in the oilfield service, environmental protection, electric power and coal chemical industries, today announced the Company's 43%-owned subsidiary, Future Gas Station (Beijing) Technology, Ltd. ("FGS"), has entered into a deep cooperation agreement for smart gas stations (the "Agreement") with Zhejiang sales branch of PetroChina Co. Ltd. ("Zhejiang CNPC") and Alipay (Hangzhou) Information Technology Co., Ltd ("Alipay") to cooperate on a smart gas station project (the "Project").

Key Points: 
  • BEIJING, July 8, 2019 /PRNewswire/ -- Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), aChina-based independent solutions integrator in the oilfield service, environmental protection, electric power and coal chemical industries, today announced the Company's 43%-owned subsidiary, Future Gas Station (Beijing) Technology, Ltd. ("FGS"), has entered into a deep cooperation agreement for smart gas stations (the "Agreement") with Zhejiang sales branch of PetroChina Co. Ltd. ("Zhejiang CNPC") and Alipay (Hangzhou) Information Technology Co., Ltd ("Alipay") to cooperate on a smart gas station project (the "Project").
  • We hope that these efforts can help highlight FGS' cutting age operational and technological capabilities as we work hard to promote the viability of smart gas stations."
  • We are so inspired by the Agreement as it is the best return for our persistence and hard work exploring effective smart gas station solutions.
  • Recon Technology, Ltd.(RCON)isChina'sfirst non-state-owned oil and gas field service company listed on NASDAQ.

InterLubric China Smoothes into Guangzhou for its 20th Anniversary

Retrieved on: 
Monday, April 8, 2019
Companies, H shares, Economy of China, Cities in China, Sinopec, PetroChina, Guangzhou

Following the overwhelming success of the InterLubric show and conferences in Shanghai last year, InterLubric China is now full steam ahead in preparing for the celebration of its 20 year anniversary, taking place in Guangzhou fromAugust 21-23, 2019.

Key Points: 
  • Following the overwhelming success of the InterLubric show and conferences in Shanghai last year, InterLubric China is now full steam ahead in preparing for the celebration of its 20 year anniversary, taking place in Guangzhou fromAugust 21-23, 2019.
  • Held annually androtating between Beijing, Guangzhou and Shanghai, InterLubric China enjoys the strong support of SLTA, CCPIT and STLA, as well as the backing of key sponsors SINOPEC and PetroChina.
  • InterLubric China is recognized by a growing audience as the most authoritative, exclusively focused industrial lubricants exhibition in the Asia Pacific.
  • InterLubric China also boastsan array of high quality conference programs focused on industry trends, new technological advancements and industry innovations.