Friday 13 Mar 2009 | Posted By
Patrick |
News
PetroChina said it had received government permission to build a new refinery in southern China to process heavy crude oil from Venezuela.The joint PetroChina and Venezuelan project will result in a refinery that can process 200,000 barrels per day, El Universal reported Friday.General Manager Jiang Jiemin of PetroChina’s parent company China National Petroleum Corp., said PetroChina would own …
Friday 13 Mar 2009 | Posted By
Patrick |
News
CARACAS, Venezuela, March 13 (UPI) — PetroChina said it had received government permission to build a new refinery in southern China to process heavy crude oil from Venezuela.
Friday 13 Mar 2009 | Posted By
Patrick |
News
March 13 (Bloomberg) — PetroChina Co. and Venezuela will build a refinery in Guangdong province that will rival the biggest Chinese oil-processing plant by capacity as the two nations reinforce their energy ties.
Wednesday 23 Jul 2008 | Posted By
Patrick |
Predictions
A good DOE report, good news here, good news there, congress acting… blah blah… prices are falling! Wholesale gasoline prices, as you can see from the ticker on the left have been taking another beating this afternoon after a quiet morning. Prices at this hour are down nearly another 11-cents… meaning nationwide price averages definitely [...]
Thursday 19 Jun 2008 | Posted By
Patrick |
Predictions
Today’s market slid over 13-cents per gallon on positive news coming out of China: they’re finally lowering subsidies on oil and fuel products. The market immediately turned south after realizing that one of the biggest developing nations was now passing on higher prices to its consumers. This has the potential to turn the whole market [...]
Friday 16 May 2008 | Posted By
Patrick |
Predictions
After fielding through a few phone calls and seeing a news spot on Channel 8 “Gas Surprise” I wasn’t sure what to expect this morning. I logged on Channel 8′s site to try and find a gas story to see if I had missed something. Not really. I then had a few text messages asking [...]
