Indian Client Visits HC Factory for In-Depth Technical Discussions

Recently, a high-level executive from a renowned Indian company visited the HC factory to discuss project issues and gain a deeper understanding of our products and services.

Receipt of continuous orders domestic and abroad

The order for 3-phase separator has just placed to the workshop, and here comes again the order for vehicle-mounted 2-phase separator. Apparently, the situation is gratifying within HC business department.

Dagang Oilfield (China) produced more than 2 billion m3 of gas, the highest in 20 years

As the main gas source of Beijing-Tianjin-Hebei region in China, Dagang Oilfield gas storage has started gas production since November 2020, which has protected people for a warm winter.

Attacks on Saudi oil facilities boosts international oil price to exceed $70

The price of international crude oil futures rose significantly on the evening of July, driven by the news of the attack on a storage facility in Saudi Arabia, a big oil producing country, and broke through the $70 per barrel round level in the day

Asian LNG prices soar as strong growth of natural gas demand in 2020

In December 2020, Asia's LNG demand increased by 14% year-on-year, reaching an all-time high of 26 million tons. Regionally, most of the increase in demand is coming from China and Japan

Increase in refining profit margin promotes development of petrochemical equipment manufacturers

India's crude oil imports surged to their highest level in nearly three years in December to more than 5 million barrels a day as refiners ramped up production to meet a rebound in fuel demand, according to trade sources.

Problems need to be noted in crude oil storage

As the global oil price falls, the oil market is oversupplied and buyers are eager to stock up, leading to a scramble for crude oil storage tanks around the world. However, it is not easy to store crude oil.

Does the collapse of oil prices affect oil service enterprises?

Recently, the epidemic of COVID-19 and the plunge in oil prices have become the most concerned topics, and many businesses are worried about the impact. Below we will talk about it in detail, hoping to help industry insiders.