It is reported that the government receipts will be increased by 1 trillion USD in 2030, prices of fuel being stabilized and raises 300 thousand jobs annually, if the Congress releases petroleum export ban which has been carried out for more than 40 years. It is estimated that the prices of gasoline will be descended by 8 cents per gallon after releasing. The reason is that crude will enter into market and depress global prices. From 2016 to 2030, tax revenue related to petroleum will be...
Releasing Petroleum Export Ban Boosts the U.S. Economy Read
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On June 1, Iraqi Oil Ministry warned that foreign corporations should not buy petroleum from an oiler, considering those petroleum was exported from Kurdish Autonomous Region arbitrarily. Iraq also claimed that it would take legal action to foreign corporations which purchase the petroleum. Currently, Iraqi government is taking a close look at an oiler which may carry petroleum. Iraq threatens to conduct prosecution to corporations dealing with the oiler. Last week, Iraqi Oil...
Foreign Corporations Not to Purchase Kurds Petroleum Read
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As one of national industries, China valve foundry industry has obvious development in recent years. Although disturbances exist during developing, valve foundry industry is stable and rising, having become one of the highly developing machinery. Valve is the base of foundry industry or even the whole industry, having good promotion for national economy development. Statics from developed countries show that output value of valves is sum of compressor, draught fan and pump, accounting for...
China Valve Foundry Industry Showing Disadvantages Read
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Valve is a device that connects or cuts off medium in pipelines and regulates flow. It is key components in petroleum, chemical, power station, pipelines, nuclear industry, etc. China has the most valve manufacturers in the world. The number is about 6,000. In recent years, China valve industry has developed highly for national economy growth. Form January to December, 2012, nationwide total output of valves is 7,213,025 tons, increased by 11.23% compared with 2012. In 2013, total output...
Credit Risk for China Valve Industry, 2014 Read
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China valves market expands highly for the development of petroleum. For over ten years, policies and economic situations have provided advantages to valves market, having large space for increasing. Currently, petroleum enterprises need to update equipments which have a large demand for valve. It is estimated that China valves market will be increased in further for the next few years. The demands for valves are expanding continuously. At present, China petroleum is developing into...
China Valves Market Expanding Read
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In recent years, China's industry has been booming. China's valve industry also develops at a high speed. However, China's valve industry are always focusing on price war which causes China's valve products still locating at the low-end of international valve market. For this, valve manufacturers need to eliminate outdated capacity, strengthening competitiveness and expanding developing space. But some problems still exist in industry. Valve manufacturers spread...
China's Valve Industry Abandons Price War Read
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In the bidding process CNPC Valve Authorized Centralized Purchasing in 2014 organized by China Petroleum Materials Corporation for entrusting of CNPC, more than 30 China's valve manufacturers have won the qualification of CNPC Valve Authorized Centralized Purchasing to provide high pressure valve to CNPC, depending on their reliable qualities, good service and excellent performance, through comprehensive evaluation. It is reported that CNPC Valve Authorized Centralized...
CNPC Valve Authorized Centralized Purchasing in 2014 Read
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Market survey report shows that quality, quantity and market share of stainless steel valves had been highly improved in 2013, for the deepen economic reform. The market of stainless steel valve has bright future. Stainless steel valve have become necessity in our daily production, especially in pertroleum. For highly development, pretroleum demands a large number of stainless steel valves. Besides petroleum, other industries also need stainless steel valves. The model and dimension of stainless...
New Opportunities for Stainless Steel Valves Read
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With the developing of petroleum in China, the demands for valve products has presented a kind of trend with specialization and standardization. Petroleum has high requirements for energy consevation. In several years, valve industry will have a large advancement. Valve industry develop with petroleum. In recent years, the good situation of domestic politics and economy provide advantageous conditions for valve industry. Currently, the equipments of petroleum need to be replaced which requires...
Main Trend of Valve Industry - Standardization Read
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Currently, Qingtian county justice bureau has agreed to establish Valve Industry Association People's Mediation Commission in Qingtian which has become the 11th professional commission. Valve industry is conventional competitive industry in Qingtian, which has been developing for more than 20 years. There are more than 100 valve manufacturers in Qingtian, accounting for more than 50% of whole enterprises. Output value is close to 15 billion RMB. Nearly 10 thousand people work for valve...
People's Mediation Commission Established Read
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