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Domestic oil and gas continue to maintain a growth rate of tens of millions of tons

Tuesday, 21 January 2025
On the 20th,the National Energy Administration released the”Top Ten Iconic Achievements of National Oil and Gas Exploration and Development in 2024″,which showed that in 2024,the domestic oil and gas production equivalent exceeded 400 million tons for the first time,maintaining a rapid growth momentum of 10 million tons for eight consecutive years,further consolidating the development trend
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This year, the urea market will continue its loose supply pattern

Tuesday, 14 January 2025
Looking back at the just passed year 2024,the urea market as a whole showed a pattern of oversupply,with significant price fluctuations.In the first half of the year,the price of urea first fell and then rose.In the first quarter,the price gradually decreased.After entering the second quarter,due to the concentrated release of demand for spring plowing and
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The supply and demand pattern of coke in 2025 may be relaxed

Tuesday, 07 January 2025
2024 is a year of weak operation in the coal,coke and steel market.Due to the weakness of important terminal real estate and infrastructure,weak sentiment is transmitted from the terminal to the steel,and then to the dual coke in the raw material end.The black series lacks effective price support,and the supply and demand pattern of coke
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There is instability in renewable energy in Europe

Monday, 30 December 2024
Recently,European electricity prices have been like riding a roller coaster,experiencing severe fluctuations.This is the result of multiple factors intertwined and working together,such as extreme weather,regional conflicts,and the transformation of Europe’s energy structure.It not only exposes deep-seated problems in the European energy system,but also poses severe challenges to existing energy policies and market mechanisms. The sudden
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Continuous optimization of China’s energy structure

Monday, 23 December 2024
In recent years,China’s energy structure has been continuously optimized,renewable energy has flourished,and key technologies have made new breakthroughs.From wind power to photovoltaics,a series of innovative achievements have emerged one after another.The pace of transformation and upgrading of traditional industries has accelerated,and the level of digitization has greatly improved,injecting strong green momentum into high-quality economic development.
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US natural gas consumption hits new high

Wednesday, 18 December 2024
On December 13th,according to the Natural Gas Yearbook released by the US Energy Information Administration,natural gas consumption in the United States increased by 1%in 2023,reaching a new high of 89.4 billion cubic feet per day(Bcf/d),and will continue to grow in the first nine months of 2024.The 1%increase in natural gas consumption in 2023 is due
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Next year, there will be a slight shortage of supply in the global oil market

Wednesday, 11 December 2024
On Tuesday(December 10th)local time,the US Energy Information Administration(EIA)released a short-term energy outlook report predicting that there will be a slight supply shortage in the global oil market next year. EIA predicts that by 2025,global oil consumption will be 104.3 million barrels per day,production will be 104.2 million barrels per day,and daily consumption will be 100000
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US plans to impose anti-dumping duties on Southeast Asian photovoltaic products

Tuesday, 03 December 2024
The US Department of Commerce recently announced plans to impose anti-dumping duties of up to approximately 271%on photovoltaic products from relevant countries.This plan has been questioned by the media and relevant national figures. According to the preliminary ruling made by the US Department of Commerce after investigation,the proposed anti-dumping duties involve crystalline silicon photovoltaic cells
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The import volume of methanol in China is showing a significant downward trend

Friday, 29 November 2024
The import volume of methanol in China has shown a significant downward trend recently. The reporter learned that in October and early November,the average monthly import volume of methanol in China was about 1.3 million tons.However,at the end of November,the import volume of methanol significantly decreased.Iran’s shipment volume is expected to drop to about 700000
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The escalating tension between Russia and the United States has led to a slight increase in oil prices

Wednesday, 20 November 2024
Global stock markets rose in volatile trading on Tuesday as the market waited for President elect Donald Trump to make more appointments to the new government,while oil prices rose slightly due to escalating tensions between Russia and the United States over Ukraine. Trump’s candidates for Treasury Secretary have expanded to include Mark Rowan,CEO of Apollo
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