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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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8 +Has set up 8 service centers
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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
Media Information
IEA estimates that Russia already shut in nearly 1 million bpd in April.
Russian Finance Minister Siluanov. production could drop by 17 percent this year due to the sanctions.
China manufacturing PMI, a barometer for Chinese oil demand, has come in at 47.4 in April’s official data.
PetroChina: "With the improvement of the COVID situation, refined product inventory is now showing a downturn,".
OPEC leaves EU ban of Russian crude undiscussed.
EU sanction drive against Russia has proved to be a boon for OPEC producers.
OPEC is unlikely to materially increase production as EU looks for alternative suppliers.
Looming EU-ban on Russian crude may further improve demand for Middle East crude grades.
Middle East producers continue to hike prices, but not as aggressively as anticipated.
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