corresponding with the rapid resurgence of travel after the pandemic. According to data from Zhuochuang Information, Compared to the same period in the last four years, the apparent consumption of refined oil products in the first eight months of this year marks the highest. ...
BEIJING, Feb. 12 (Xinhua) -- China's refined oil consumption reported steady growth last year as the economy continued to firm up, industrial data showed. Consumption of refined oil came in at 341.48 million tonnes for 2021, up 3.2 percent year on year, according to data from the National...
Fu Jing
Since March of this year, China's apparent consumption of refined oil products has increased dramatically, corresponding with the rapid resurgence of travel after the pandemic. According to data from Zhuochuang Information, Compared to the same period in the last four years, the apparent consumption...
According to the “2023 Domestic and Foreign Oil and Gas Industry Development Report” released by CNPC Economic and Technological Research Institute, China's refining capacity increased to 936 million tons/year last year, ranking first in the world. Throughout the year, domestic oil consumption ...
In March this year, the field connected a 150,000 kW wind and solar power project to the grid, generating 360 million kWh of electricity annually, equivalent to one-quarter of the company's annual consumption. This initiative saved 110,900 tonnes of coal and reduced carbon emissions by 282,...
the Organization of the Petroleum Exporting Countries (OPEC) raised its forecast for the growth in China's oil demand in 2023 by 840,000 barrels per day to 15.7 million, citing "better-than-expected performance in China's economy." OPEC kept the projections for this year's total global dema...
the Organization of the Petroleum Exporting Countries (OPEC) raised its forecast for the growth in China's oil demand in 2023 by 840,000 barrels per day to 15.7 million, citing "better-than-expected performance in China's economy." OPEC kept the projections for this year's total global dema...
Singapore—China is set to cap coal consumption in 2021 by reducing it to less than 56% of the country's total energy mix, all while boosting domestic oil and gas output; targets industry and market analysts deemed easy to meet when overall consumer energy demand recovers from the pandemic-...
This paper describes a study that combined traditional Factor Decomposition method and System Dynamics (SD) modeling in the quest to predict the pattern of future oil consumption per capita (OCPC). Three factors were used for decomposition, i.e. economic activity, technological progress, and structu...