As oil demand surges, China adds and expands refineries

07/25/2005
China’s refining industry has reorganized and expanded since the late 1990s. The reorganization led to the formation of Chinese National Offshore Oil Co. (CNOOC) and two integrated oil companies-China Petrochemical Corp. or Sinopec (together with its publicly listed subsidiary Sinopec Corp.) and China National Petroleum Corp. or CNPC (and its publicly listed PetroChina).Sinopec-Sinopec Corp., and CNPC-PetroChina are dominating China’s refining business.In reorganizing, China has closed small refineries and slashed inefficient capacities totaling more than 600,000 b/d since 1999; overall, the entire refining industry has been expanded, revamped, and upgraded.The high growth of ...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected