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Shandong Weima Pumps Manufacturing Co., Ltd
was established in 1996, which is an integrated service provider in research & development of oil and gas lifting technology, equipment research, technical services.
Shandong Weima Pumps is listed in 2014, Stock short name: Weima Stock, Stock Code: 430732.
Weima is a national new high-tech enterprise, and has a number of patented technology, and many of technologies are filled the blank of the industry.
In recent years, Weima has provided more than 500 design solutions of crude oil, coal bed methane, and shale gas, etc. for users one after another.
At home, Weima Stock is primary network material supplier of PetroChina, Sinopec;At abroad, Weima Stock is the qualified supplier of Petroleum Development of Oman (PDO).Weima developed sucker rod pump, specialpump, screw pump, permanent magnet motor and rodless oil production system independently. The products is widely used in PetroChina, Sinopec, CNOOC and Yanchang Oilfield. Meanwhile, the products are entered
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500 +Design solutions of crude oil, coal bed methane, and shale gas, etc. for users one after another.
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15 +Products are entered the oil companies in 15 countries and regions including Oman, Syria, Mexico and Azerbaijan.
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10 +Weima Stock has established more than 10 enterprise standards
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8 +Has set up 8 service centers
Media Information
The low level of crude inventories coincided with record-high gasoline prices in the U.S. in June.
Product inventories, on the other hand, rose by 34.1 million barrels to 650.5 million barrels.
Russia has instead offered its crude oil at massive discounts to India and China.
Russia became China’s largest oil supplier earlier this year, according to Chinese customs data for May, overtaking its OPEC+ partner Saudi Arabia.
The Kingdom of Saudi Arabia-KSA has also received calls from the U.S. government to increase its output. KSA has notionally agreed, but with relatively token amounts that do not address the U.S. government’s goal of reducing oil prices.
A closer look at their recent report to shareholders, along with other investing actions they have taken, seems to draw similarities in mindset with U.S. shale producers, in terms of holding to previously announced capital restraint.
BP has managed to build one of the most successful energy trading ventures.
Massive trading floors that sometimes rival Wall Street’s biggest banks are becoming increasingly important to oil companies.
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