Industry News

According to the latest report from Persistence Market Research, the global transformer oil market is expected to grow at a compound annual growth rate (CAGR) of 8.5% during the forecast period from 2024 to 2033, with a market valuation expected to reach $10.1 billion by 2033. Behind this growth
2025/08/11 15:59
Recently, there has been exciting news in the Chinese transformer oil industry - Zhongli Company's independently developed "Haijiang" I-30 ℃ transformer oil has successfully passed the rigorous product certification in the ASEAN region, achieving the first independent export of high-end transformer
2025/07/31 17:06
In recent years, with the deepening of environmental protection concepts, green and low-carbon development has become a consensus among all sectors of society. As a traditional industrial province, Shandong has taken an important step in promoting green transformation. Have you ever thought about
2025/07/24 14:08
1、 Industry Overview and Market StatusAs the core insulation medium of power equipment, transformer oil plays three major roles: insulation, cooling, and arc extinguishing. Its market demand is highly related to power infrastructure, new energy development, and grid transformation.From the
2025/07/21 14:10
In the context of global green energy transformation, environmentally friendly insulating oil has become the development trend of the transformer industry. Recently, the CTR natural ester insulating oil developed by Great Wall Lubricants has successfully passed the UL ECOLOGO certification, which
2025/07/18 17:29
With the deepening of the "the Belt and Road" initiative, the influence of China's UHV technology in the international market is expanding, and the supporting UHV insulating oil has also welcomed the surge of overseas orders. Recently, Yanshan Petrochemical received an order for 40 tons of special
2025/07/17 15:31
MOSCOW-In a significant move toward energy independence and geopolitical alignment,the Baltic states—Estonia,Latvia,and Lithuania—are set to disconnect from the Soviet-era power grid shared with Russia and Belarus.This decoupling,scheduled for February 8,2025,marks a pivotal step in integrating the
2025/04/17 10:41
TORONTO -Canada's final Clean Electricity Regulations, unveiled in December 2024, represent a critical step toward ensuring a sustainable and reliable energy future. With electricity demand set to rise as the country’s population and economy grow, the Canadian government has put forward a robust
2025/04/11 11:19
BEIJING, Dec. 12, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") has successfully obtained ISO's approval for the Technical Specifications for Multi-element Thermal Composite Flooding of Heavy Oil (the "Technical Specification") proposed by academician Sun
2025/04/11 11:19
The oil and gas industry has a “to do” list for President-elect Donald Trump.The lobby group American Petroleum Institute has asked Trump to swiftly authorize liquified natural gas exports, expand drilling on federal lands, make pipeline permitting easier, repeal strict vehicle emissions and fuel
2025/04/01 16:50
As of August 4, three batches of converter transformer oil products produced by Karamay Petrochemical Company that meet the latest international standards have been used abroad in Brazil, Pakistan and other "the Belt and Road" countries, and in Beijing Zhangjiakou (Beijing Zhangjiakou) high-voltage
2025/04/01 16:50
A major natural gas pipeline supplying Russian energy to Europe ran dry Wednesday after Ukraine stopped Moscow’s six-decade supply in hope of hurting its invader financially.The planned move ends an era when many European countries kept warm using gas pumped by Russia — which was in turn accused of
2025/03/28 09:39