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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 cartel is considering slashing oil production.
Reports of where oil demand is heading remain mixed.
Despite Russia’s falling oil export volumes, revenues in June increased by $700m from May due to prices pushed higher by its war in Ukraine.
The Kremlin has since warned it will not tolerate any restrictions to prices, and Gazprom would instead only ship oil to states not obeying the price ceiling.
A recession could weigh further on global oil demand, though many analysts are bullish on oil in 2023.
The looming EU embargo on Russian seaborne oil imports at the end of this year is also expected to push prices higher.
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.
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