Posts Tagged ‘China’

Infographic: Steel raw materials in numbers

Platts steel team tasked our design and production department to take a wealth of steel raw materials data and transform those freshly mined (sic) numbers into something visually engaging. In this post we present you with the very interesting results.

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Chinese oil demand drops in July from a year earlier

The global world oil market certainly isn’t getting any bullish boost from China. The Platts analysis for July showed the country’s apparent demand down from the corresponding month a year earlier. You can see our analysis here.

Petrodollars: China builds up its oil tanker fleet

Everyone talks about Chinese demand for oil. But the Chinese are also increasing their demand for the ships that move that oil around. James Bourne looks at the trend in this week’s Oilgram News column, Petrodollars.

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The Oil Big Five: Unleash the Kalavrvta!

It can often feel as though many of the big issues or trends in the oil industry are happening on a level unseen by the general public. July, though, brought some big news stories straight to the mainstream media and a wider audience, and these were developments our oil editors and analysts at Platts were watching closely.

Welcome to the latest iteration of The Oil Big Five, when we ask our Platts oil insiders what they believe are the biggest trends or issues in the global oil industry. These are topics we spent a lot of time researching, writing about and analyzing in July, as well as issues we’re keeping an eye on for August.

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At the Wellhead: China struggles to open its energy sector to more non-state entities

China is shifting its focus on state-owned enterprise reform, but it still remains to be seen if the SOEs will make significant changes to the roles non-state entities can play. Song Yen Ling discusses China’s energy sector reform goals in this week’s At the Wellhead column from Oilgram News, and also takes a look at whether internal turmoil within China’s dominant upstream player is a hurdle to advancing projects.

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Australian Wolf stalks Mongolian oil opportunities

Mongolia might not be the first place that springs to mind as a potential investment destination for oil and gas players, but one small Australian company is hoping the recent passing of a new petroleum law will open up opportunities in the landlocked nation between Russia and China.

Wolf Petroleum is the only Australia-listed oil and gas company operating in Mongolia. But the industry minnow, capitalized at just A$5.5 million ($5.2 million), claims a position as Mongolia’s largest petroleum acreage holder, with one production block and two exploration areas covering more than 74,400 sq km (18,000 million acres).

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Major US trade decision in the pipeline for OCTG producers

The story is a familiar one: Cheap foreign steel products are threatening domestic manufacturers, and the US steel industry is seeking relief with a trade case.

Here’s how it goes down: Following a petition by one or more US producers, the Department of Commerce and the International Trade Commission independently and simultaneously investigate any antidumping and countervailing claims. Commerce investigates whether imported products are sold at less-than-fair value or have been subsidized by foreign governments and determines duty rates accordingly. The ITC rules whether those imports materially injure or threaten material injury to the domestic industry. If either body votes in the negative, no duties are levied.

On Friday, Commerce is due to make its final determination in the antidumping and countervailing investigations of oil country tubular goods (OCTG) imports from South Korea, India, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine and Vietnam.

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The Oil Big Five: Your thoughts about what’s important in June

The second installation of The Oil Big Five hit a snag when we realized that comments weren’t coming through on our blog platform, so this follow-up is a week later than we wanted.

But regardless of timing, we wanted to feature the comments from our readers, both here on the blog as well as on social media. We know what our oil experts and editors think are the most important trends worldwide, but what about you? Do you agree with what others have said?

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China Steel Sentiment Index: a steady June coming up

Platts’ monthly China Steel Sentiment Index looks out at what Chinese steel demand in the upcoming month might be, given various readings on the state of the market. The index for June is anticipating a steady month; you can see our analysis of it here.

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The Oil Big Five: trends, market drivers and global issues

This is our second installment of The Oil Big Five, where we ask Platts oil experts around the globe to outline five big trends or factors affecting the oil industry. We were glad to hear from you, our readers, on our first post, and we featured your top responses in our follow-up post. Be sure to leave us a comment and tell us what you think about our picks as well as what you see as the biggest influences in your part of the industry.

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