The hottest energy refers to the three giants to c

Energy reference: the wholesale and retail sales of oil products controlled by the three giants may expand

today's news:

international oil prices rose on the 11th

although the organization of Petroleum Exporting Countries (OPEC) lowered its expectations for global crude oil demand, international oil prices rose for the fifth consecutive trading day on the 11th, boosted by investors' optimism about the prospect of solving Europe's debt problems

on the same day, OPEC released a report saying that due to the slowdown of world economic growth, global crude oil demand decreased. The organization lowered its global crude oil demand forecast by 180000 barrels in 2011 and 100000 barrels in 2012. The report shows that crude oil demand in most developed countries is declining

the OPEC report led to a decline in oil prices for a time. However, in Europe, as Germany and France agreed to formulate a new plan to solve the problem of sovereign debt and liquidity shortage in the banking system in the euro area, and 16 other euro area countries except Slovakia could not maintain the pressure due to insufficient supplementary materials, all member countries voted to expand the European financial stability mechanism plan, investors were relatively optimistic about the prospects of European debt, driving up oil prices

in addition, the euro rose against the US dollar again on the same day after the sharp rise in the previous trading day, which also contributed to the rise in oil prices

by the close of the day, the price of light crude oil futures for November delivery on the New York Mercantile Exchange rose 40 cents to close at $85.81 a barrel, or 0.47%. London North Sea Brent crude oil futures for November delivery rose $1.78, or 1.63%, to close at $110.73 a barrel. (Xinhua)

when the crude oil D1 of the pipeline between China and Russia is less than 5, the dimensional deviation and appearance quality are qualified; Agreement on trade prices

Putin has attracted attention every time he visits China, especially this time: many international media will mention that his identity is not only the Russian Prime Minister, but also the only candidate of the "United Russia" party in Russia's 2012 presidential election. This trip to China is interpreted as the start of his new diplomatic process

in the current cooperation between China and Russia in various fields, energy cooperation is the most concerned. Yesterday morning, Vice Premier Wang Qishan also held a working meeting with visiting Russian Deputy Prime Minister Sechin on China Russia energy negotiators, which clearly made full preparations for the outcome of the meeting between the two prime ministers

Wen Jiabao said: during this meeting, the two sides reached complete agreement on the trade price of pipeline crude oil and decided to actively promote cooperation in the oil and gas field in accordance with the principle of mutual benefit and win-win results. We will implement the agreed key projects and deepen cooperation in aerospace, coal, electricity, cross-border infrastructure, water conservancy, agriculture and environmental protection

in energy cooperation, natural gas cooperation projects are the top priority. Previously, due to differences in quotation, China and Russia have not been able to reach an agreement on natural gas cooperation. Previously, some experts analyzed that the differences in the quotation could not be resolved in a short time, but Putin's words let everyone see the dawn of cooperation

Putin: the negotiation on natural gas is not far from the end. The two sides plan to build a large-scale composite material in Tianjin, whose mechanical properties will change significantly as an oil refinery. Based on the very positive cooperation experience of Tianwan nuclear power station, we will strengthen cooperation in the field of nuclear energy and adopt the world's most advanced technology. (China Broadcasting)

the new resource tax of the two major oil companies may exceed 20billion yuan

the ad valorem oil and gas resource tax will be changed from ad valorem to ad valorem, which will greatly increase the resource tax payment of the two major oil companies. It is estimated that the payment amount of the two enterprises will exceed 20billion yuan in 2012. However, the market also expects that the national threshold for special income may be increased later. If the special income can be reduced, the impact of oil and gas resource tax on oil companies will be offset

China's current resource tax system is: crude oil 8-30 yuan/ton, natural gas 2-15 yuan/thousand cubic meters. If calculated at the price of $80/barrel and the 5% tax rate, the amount of crude oil resource tax in China may be about 6.5 times that of "specific tax". If the average international crude oil price is $100/barrel and the ad valorem tax rate is 5%, China can collect about $6.9 billion (46.9 billion yuan) of resource tax. This is eight times the specific tax

according to Haitong Securities, after the country comprehensively launched the resource tax reform of oil and gas fields, the resource tax of these two companies will be 20billion yuan and 2.5 billion yuan respectively in 2011. However, since the country only began to change the Levy method in November 2011, the more critical year is 2012 and beyond. Haitong Securities concluded that the two companies will pay resource taxes of 22.6 billion yuan and 7billion yuan respectively in 2012. The research of Xiangcai securities is slightly different from Haitong Securities. It calculates that assuming that the crude oil prices of PetroChina and SINOPEC are $70/barrel and $64/barrel respectively, according to the crude oil production of 115 million tons and 42.55 million tons in 2010, the crude oil resource tax will be increased by about 15 billion yuan and 4.8 billion yuan respectively, and the earnings per share of the two enterprises will be reduced by 0.06 yuan and 0.04 yuan respectively

Haitong Securities pointed out that when the ad valorem oil resource tax is levied, the threshold of special income may also be adjusted upward from $40/barrel. Assuming that the country adjusts the threshold to $50/barrel, the negative impact of the resource tax reform on oil enterprises can also be offset. (First Finance)

China's iron ore price index appears. CISA warned of the risk of imported ore

on Monday evening, CISA officially released the "China's iron ore price index". The index shows that the price of iron ore in China has declined for four consecutive weeks, and CISA points out that the risks are increasing

the first published China iron ore price index includes the operation of September and the first week of October. Data showed that the domestic iron ore price index fell week by week in September, with a cumulative decline of 6.58%; The imported iron ore showed a downward trend on the whole, with a cumulative decline of 1.08%. In the first week of October, the price index of imported iron ore was 652.41 points, a month on month decrease of 0.13 points or 0.02%; The average CIF price of imported iron ore was 176.22 US dollars/ton, down 0.03 US dollars per ton month on month

CISA pointed out in the report that although the price of imported iron ore is still high, its risks are increasing. One proof is that by the end of August, China's major ports had 95.21 million tons of iron ore in stock, an increase of 23.41 million tons year-on-year

last month, China Iron and Steel Association, China Minmetals chamber of Commerce and China Metallurgical and mining enterprises association jointly launched China's iron ore price index, and announced that it would be publicly released every Monday from October. Previously, international mining giants used the Platts index as the main reference target of the short-term iron ore price system. CISA pointed out that compared with other indexes at home and abroad, China's iron ore price index is more general, broader, more accurate and more scientific. (Beijing Morning Post)

only ConocoPhillips China subsidiary became the defendant in the Bohai Bay oil spill accident

in response to the oil spill accident of the Penglai project in the Bohai Bay, a number of people from the official lawyers group of the State Oceanic Administration exclusively disclosed that the subject qualification of this case is limited to ConocoPhillips China, a subsidiary of ConocoPhillips in China, and its equity sharing party, CNOOC, and the relevant insurance company responsible for claims settlement are not among the defendants

the above person explained that according to China's existing legal framework, the accident party can only be defined as the operator, namely ConocoPhillips China, and has not established a litigation mechanism against the insurance company; In addition, there is no evidence in this case that CNOOC knew that ConocoPhillips China had violated the rules and did not stop it. "Once new evidence is found in the future, it is not too late to add another defendant in the process of litigation." One of the above people said

in terms of ecological damage claims, the above-mentioned official lawyers confirmed that the amount of ecological claims initiated by the State Oceanic Administration could not be "astronomical" as the outside world imagined. This is because there was once a dispute about "whether there is sufficient legal basis for the loss of marine ecosystem services and other functions to be included in the scope of claims", and the expected compensation in the above aspects accounted for the bulk of the overall compensation. Even if the State Oceanic Administration announces the claim amount this month, whether it can finally be compensated as expected by the litigation request remains to be decided by the judicial organ at least a year later, which will be a hard tug of war

many marine jurists and monitoring experts stressed that it has been more than four months since the oil spill accident broke out, and the cleanup and plugging work have not been completed yet, highlighting that China's marine ecological restoration work is extremely heavy, but the funds for ecological restoration are seriously lacking

a person who knows the insurance terms of ConocoPhillips China pointed out to him that foreign marine pollution insurance can be used in case of emergency in the temporary absence of ecological compensation to fill the expenses of pollution removal and plugging. There is a gap in the provisions of the domestic compulsory insurance system for offshore oil and gas exploration, because the price of the former is lower than the latter, while ConocoPhillips China, out of the fluke of "basically no accident, accidents can be settled", has a much lower insurance amount in China than overseas business, As a result, the claim settlement amount of business in China is only "between 100million yuan and 100million US dollars", which is far from covering all pollution removal and plugging investment. (economic information daily)

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