What is the oil and gas valve Oil and gas valve is widely used in oil and gas industry, gathering and process units. According to production requirement, the valves transported or blocked a variety of gas and liquid media to various containers and process equipment. Oil and gas valves can be divided into general and special valve. The […]

Ricardo Menendez, Venezuelan planning minister, stated Venezuela and China had a $2.8 billion financing agreement, to improve oil production capacity. This agreement will make the joint project to increase 325 thousand barrels per day. Venezuela and China also evaluated the port construction project in the Eastern Venezuela, a storage capacity of 20 million barrels. According […]

Commerce Secretary Ross has announced that it will consider making restrictions on imported steel and impose high tax. The Japanese media reports that US Department of Commerce consider that a large number of imported steel products: oil and gas steel pipe, hot and cold rolled steel coil, and other products have make a threat to national […]

Recently, international price from steel scrap supplier began to fall, reduced more than 30 USD/TON. The reason for reducing is international steel market came into a consolidation period. Steel products include scrap, steel plate, steel line pipe welded and seamless requirements going into a weak trend, and the steel scrap supplier capacity increased. Turkey steel import market […]