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China Oil Refinery Throughput Jumps 4% In July | OilPrice

Irina is a writer for Oilprice with over a decade of experience writing on the oil and gas industry. Refinery throughput in China went up by 4 percent last month, to a total 52.6 million tons

China Comes to the Rescue of Venezuela's Run-Down Oil

A Chinese contractor has agreed to shore up Venezuela’s derelict refining network to ease fuel shortages, potentially complicating the Trump administration’s push for regime change in the oil

China comes to the rescue of Venezuela’s run-down oil

Wison Engineering Services Co, a Shanghai-based chemical engineering and construction company that is using China's 'Belt and Road' infrastructure program to expand overseas, agreed last month to repair Venezuela's main refineries in exchange for oil products including diesel, according to people with knowledge of the deal.

China-Venezuela oil refinery builds petrochemical zone

A joint oil refinery project, between China and Venezuela, in the coastal county of Huilai, Guangdong province, is scheduled to come into operation by 2024, sources with the local government said.

Paraguaná Refinery Complex

The Paraguaná Refinery Complex (Spanish: Centro de Refinación de Paraguaná) is a crude oil refinery complex in Venezuela.It is considered the world's third largest refinery complex, just after Jamnagar Refinery (India) and Ulsan Refinery [] (South Korea). The Paraguaná Refinery Complex was created by the fusion of Amuay Refinery, Bajo Grande Refinery and Cardón Refinery.

China's oil refining overcapacity set to overwhelm

Our team conducted an extensive tour of the Shandong-based refining sector to gauge the direction it is headed and what it means for global oil markets. Shandong's independents have come a long way, having driven China's and global oil demand growth, but they also face new challenges as the country's overall refining sector evolves.

China Comes to the Rescue of Venezuela’s Run-Down Oil

China Comes to the Rescue of Venezuela’s Run-Down Oil Refineries Photo: Bloomberg (Bloomberg) — A Chinese contractor has agreed to shore up Venezuela’s derelict refining network to ease fuel shortages, potentially complicating the Trump administration’s push for regime change in the oil-rich country.

GlobalData: China to account for 44% of Asia’s crude oil

China will drive the majority of growth in the crude oil refining industry in Asia between 2024 and 2023, contributing 44% of Asia’s crude oil refining capacity in 2023, according to GlobalData. The company’s report: ‘China Crude Oil Refinery Outlook to 2023’ finds that the total refining capacity of China…

Russia, China flee from Venezuelan refineries fearing

Russia, China flee from Venezuelan refineries fearing imminent collapse Both nations realized that Venezuela’s oil industry is almost in total neglect and to get it back on its feet would

Major oil refineries of the world

Ulsan Refinery, South Korea: Owned by SK Energy, the refinery is located in Ulsan Metropolitan City in South Korea. With a processing capacity of 840,000bpd, the Ulsan refinery is one of the world’s largest oil refineries in the world. The refinery produces LPG, gasoline, diesel, jet fuel and asphalt. It entered into operations in 1964.

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