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Question:

Is it the same as oil refining and petrochemical?

Is it the same as oil refining and petrochemical?

Answer:

In the oil companies are doing, such as oil companies to drilling companies to get the well location, they have their own oil production, to be sold at a certain price to the refinery (petrochemical) plant. Refining (petrochemical) plant to refine the oil and then put on the market.Here there are a lot of problems, such as different oil company their production cost is different, as Xinjiang is about 5 to 10 dollars a barrel of oil cost, and Huabei Oilfield, southwest oil and gas field is much higher than Xinjiang. If all of them were sold to oil refineries ($90). And this $90 a barrel price is not changed. Oil refining and petrochemical plants have been sold for $110.
The most abundant oil production, we call him oil company, such as southwest oil and gas field branch, Daqing Oilfield Branch, etc., their oil exploration, oil production rights.
This I know, ha ha. I came out of the oil.Several major oil companies in China, their business is divided into this large: oil production, oil refining (petrochemical), drilling, drilling equipment manufacturing.

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