China's total energy consumption is four billion six hundred and thirty nine million nine hundred and ninety nine thousand nine hundred and ninety nine tons of standard coal in 2018; domestic refined oil prices are further raised on March 1
Source: Caixin
February 28, the National Bureau of Statistics issued 2018 national economic and social development statistics bulletin. Initial accounting, total energy consumption of four billion six hundred and thirty nine million nine hundred and ninety nine thousand nine hundred and ninety nine tons of standard coal, an increase of 3.3 percent over the previous year. Consumption of coal, crude oil, natural gas and electricity rose 1.0 percent, 6.5 percent, 17.7 percent and 8.5 percent, respectively. Coal accounted for 59.0 percent of total energy consumption, down 1.4 percent from the same period last year. Clean energy consumption, such as natural gas, hydropower, nuclear power and wind power, accounted for 22.1 percent of total energy consumption, up 1.3 percent. Comprehensive energy consumption per unit caustic soda reduced by 0.5% in key energy-consuming industrial enterprises Overall energy consumption per unit of synthetic ammonia decreased by 0.7%, integrated energy consumption per ton steel by 3.3%, comprehensive energy consumption per unit copper smelting by 4.7%, and standard coal consumption for thermal power generation per kilowatt-hour by 0.7%. China's 10, 000 yuan GDP carbon dioxide emissions fell by 4.0%.
The price of refined oil rose again on March 1 and rose four times in the first year of the year.
According to the National Development and Reform Commission, the price of refined oil rose at 24:00 on February 28, and the price of domestic gasoline and diesel oil rose 270 yuan and 260 yuan per ton respectively. This is the fourth consecutive increase in domestic oil prices since 2019, with a cumulative rise of 670 yuan / ton for gasoline and 645 yuan / tonne for diesel, the biggest increase in prices. The rise in domestic refined oil comes from a sustained rise in international oil prices since January, mainly due to the implementation of the OPEC country's cut-off agreement, including Russia.
Us crude oil stocks fall for the first time in five weeks
U.S. crude stocks fell 8.65 million barrels in the week from February 22, compared with the previous week, as imports from Saudi Arabia and Venezuela fell. The analysis said that the current international oil market supply and demand two weak, maintain a basic balance. If the Organization of Petroleum Exporting countries (OPEC) continues to maintain low production and control exports in the future, the international crude oil market will be tight around June. On the evening of February 27, the United States Energy Information Agency (EIA) released weekly reports on crude oil inventories. In the week of February 22, the same week, U. S. commercial crude oil stocks and refined oil stocks fell by 17.9 million barrels. Of this, US commercial crude oil stocks were 8.65 million barrels less than the previous week. At four hundred and forty five million nine hundred and ninety nine thousand nine hundred and ninety nine barrels, but still above the five-year average of 3%.
Increasing reserves of 100 million ton Shale Oil in Bohai Bay Basin of PetroChina
PetroChina News reported on Feb. 28 that PetroChina took the lead in industrialized exploitation of continental shale oil in the Bohai Bay Basin and initially increased reserves of 100 million tons in the Guandong region. As of February 27, Dagang oilfield shale oil level well Guandong 1701H well, Guandong 1702H well has blown out for more than 260 days, crude oil production stabilized at 18 to 27 tons per day. PetroChina will make shale oil exploration and development of Dagang oilfield into a national demonstration project. By the end of this year, a new production capacity of one hundred and ten thousand tons will be built, with an annual production capacity of 50, 000 tons. By 2022, a demonstration area for exploration and development of continental shale oil in China will be completed, driving the exploration and development of shale oil in the eastern part of the country; Total reserves increased by 300 million tons, new production capacity of 1 million tons, annual oil production of five hundred thousand tons, leading the development of continental shale oil of PetroChina.
FAW and Ningde Times 2 billion Yuan Joint Venture to establish Power Battery Company
FAW Group and Ningde era recently established a power battery joint venture company. The state enterprise credit information publicity system shows that the new joint venture company, time FAW Power Battery Company, was registered on January 31st, with a legal representative of qu Tao with a registered capital of 2 billion yuan, of which Ningde era contributed one billion nineteen million nine hundred and ninety nine thousand nine hundred and ninety nine yuan. 51%; FAW Group contributed 980 million yuan, holding 49%. Registered address for Xiapu County Economic Development Zone Changfu Road 5. The scope of business includes: lithium-ion batteries, power batteries, ultra-large capacity energy storage batteries and battery systems development, production, sales and provision of related after-sale and technical Technical consultation service.
Apparent consumption of natural gas increased by 18% in January
Apparent consumption of refined oil was 27.14 million tonnes, up 2.1 percent from the same period last year, with gasoline consumption rising 7.5 percent and diesel fuel consumption dropping 4.3 percent from the same period last year.
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February 28, the National Bureau of Statistics issued 2018 national economic and social development statistics bulletin. Initial accounting, total energy consumption of four billion six hundred and thirty nine million nine hundred and ninety nine thousand nine hundred and ninety nine tons of standard coal, an increase of 3.3 percent over the previous year. Consumption of coal, crude oil, natural gas and electricity rose 1.0 percent, 6.5 percent, 17.7 percent and 8.5 percent, respectively. Coal accounted for 59.0 percent of total energy consumption, down 1.4 percent from the same period last year. Clean energy consumption, such as natural gas, hydropower, nuclear power and wind power, accounted for 22.1 percent of total energy consumption, up 1.3 percent. Comprehensive energy consumption per unit caustic soda reduced by 0.5% in key energy-consuming industrial enterprises Overall energy consumption per unit of synthetic ammonia decreased by 0.7%, integrated energy consumption per ton steel by 3.3%, comprehensive energy consumption per unit copper smelting by 4.7%, and standard coal consumption for thermal power generation per kilowatt-hour by 0.7%. China's 10, 000 yuan GDP carbon dioxide emissions fell by 4.0%.
The price of refined oil rose again on March 1 and rose four times in the first year of the year.
According to the National Development and Reform Commission, the price of refined oil rose at 24:00 on February 28, and the price of domestic gasoline and diesel oil rose 270 yuan and 260 yuan per ton respectively. This is the fourth consecutive increase in domestic oil prices since 2019, with a cumulative rise of 670 yuan / ton for gasoline and 645 yuan / tonne for diesel, the biggest increase in prices. The rise in domestic refined oil comes from a sustained rise in international oil prices since January, mainly due to the implementation of the OPEC country's cut-off agreement, including Russia.
Us crude oil stocks fall for the first time in five weeks
U.S. crude stocks fell 8.65 million barrels in the week from February 22, compared with the previous week, as imports from Saudi Arabia and Venezuela fell. The analysis said that the current international oil market supply and demand two weak, maintain a basic balance. If the Organization of Petroleum Exporting countries (OPEC) continues to maintain low production and control exports in the future, the international crude oil market will be tight around June. On the evening of February 27, the United States Energy Information Agency (EIA) released weekly reports on crude oil inventories. In the week of February 22, the same week, U. S. commercial crude oil stocks and refined oil stocks fell by 17.9 million barrels. Of this, US commercial crude oil stocks were 8.65 million barrels less than the previous week. At four hundred and forty five million nine hundred and ninety nine thousand nine hundred and ninety nine barrels, but still above the five-year average of 3%.
Increasing reserves of 100 million ton Shale Oil in Bohai Bay Basin of PetroChina
PetroChina News reported on Feb. 28 that PetroChina took the lead in industrialized exploitation of continental shale oil in the Bohai Bay Basin and initially increased reserves of 100 million tons in the Guandong region. As of February 27, Dagang oilfield shale oil level well Guandong 1701H well, Guandong 1702H well has blown out for more than 260 days, crude oil production stabilized at 18 to 27 tons per day. PetroChina will make shale oil exploration and development of Dagang oilfield into a national demonstration project. By the end of this year, a new production capacity of one hundred and ten thousand tons will be built, with an annual production capacity of 50, 000 tons. By 2022, a demonstration area for exploration and development of continental shale oil in China will be completed, driving the exploration and development of shale oil in the eastern part of the country; Total reserves increased by 300 million tons, new production capacity of 1 million tons, annual oil production of five hundred thousand tons, leading the development of continental shale oil of PetroChina.
FAW and Ningde Times 2 billion Yuan Joint Venture to establish Power Battery Company
FAW Group and Ningde era recently established a power battery joint venture company. The state enterprise credit information publicity system shows that the new joint venture company, time FAW Power Battery Company, was registered on January 31st, with a legal representative of qu Tao with a registered capital of 2 billion yuan, of which Ningde era contributed one billion nineteen million nine hundred and ninety nine thousand nine hundred and ninety nine yuan. 51%; FAW Group contributed 980 million yuan, holding 49%. Registered address for Xiapu County Economic Development Zone Changfu Road 5. The scope of business includes: lithium-ion batteries, power batteries, ultra-large capacity energy storage batteries and battery systems development, production, sales and provision of related after-sale and technical Technical consultation service.
Apparent consumption of natural gas increased by 18% in January
Apparent consumption of refined oil was 27.14 million tonnes, up 2.1 percent from the same period last year, with gasoline consumption rising 7.5 percent and diesel fuel consumption dropping 4.3 percent from the same period last year.
Copyright notice: we focus on sharing, this material from the network, if there is infringement, please contact us to delete.
