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Central China LPG prices extend losses in Q1 2023

04-18-2023 17:09:38

China's July LNG imports extend fall as prices loss advantage

Beijing (JLC), August 31, 2021--China’s LNG imports in July 2021 extended a drop on month as the import costs increased for the third consecutive month.

08-31-2021 17:40:20

PetroChina posts 30 billion yuan loss in H1 2020

PetroChina posted a net loss of about 30 billion yuan (4.35 billion US dollar) attributable to its parent company’s shareholders in the first half of 2020, versus a profit of 28.42 billion yuan in the same period in 2019, the company said in its latest semi-annual report.

08-28-2020 14:48:59

Chinese PDH operators see losses in Q1

Beijing (JLC), March 26, 2020--The domestic propane dehydrogenation (PDH) profits averaged around minus CNY332/mt in the first quarter of 2020, plunging by 146.05% year on year, or down by 120.29% from the fourth quarter of 2019, JLC data as of March 26 showed.

03-26-2020 15:10:04

China sees lower PDH unit run rates amid losses

Beijing (JLC), January 15, 2020--China saw lower propane dehydrogenation (PDH) unit operating rates in early January as several operators halted their operation amid losses and turnarounds recently

01-15-2020 09:48:17

PetroChina net profits slid by 97.9% YoY; CNOOC net loss to CNY7.74 bln in H1

On August 24th, PetroChina and CNOOC both released the semi-annual report. As the oil and gas prices declined continuously, PetroChina net profits sharply slumped by 97.9% on a yearly basis, and CNOOC suffered a net loss.

08-25-2016 18:05:27

Teapots Oman crude refining saw losses of CNY87/mt

This week, based on the settlement at CNY2,600/mt of light marine crude (density: 0.88-0.90) at Shandong market on August 17th, the theoretical processing profits of Shandong teapots suffered losses of CNY160/mt, and the bullish products supported the incomes.

08-19-2016 08:54:40

Teapots Shengli crude refining saw the losses reduction

This week, based on the settlement at CNY2,600/mt of light marine crude (density: 0.88-0.90) at Shandong market on August 3rd, the theoretical processing profits of Shandong teapots turned losses into gains with CNY28/mt.

08-11-2016 15:15:48

China the largest oilfield Changqing turned loss into gain

China largest crude and natural gas producer, Changqing Oilfield of PetroChina cut the expenditure and stepped into the profitable ranks in the first half year of 2016.

07-28-2016 16:38:05

Marine crude refining losses enlarged to CNY117/mt

This week, based on settlement at CNY3,000/mt of light marine crude (density: 0.88-0.90) at Shandong market on June 22nd, the theoretical loss of processing light marine crude of Shandong teapots went up by CNY7/mt WoW to CNY117/mt.

06-22-2016 16:31:54

Marine crude refining loss settled at CNY86/mt

This week, based on settlement at CNY3,100/mt of light marine crude (density: 0.88-0.90) at Shandong market on June 8th, the theoretical loss of processing light marine crude of Shandong teapots went down by CNY184/mt WoW to CNY86/mt.

06-08-2016 17:38:41

China oilfield giants suffer great losses despite crude bulls

05-19-2016 10:36:40

Fuel oil refining loss of teapots was deepening

This week, based on CNY3,100/mt of Russia M100 spot ex-terminal barge price at Shandong market on May 11th, the theoretical loss of processing imported straight-run oil at Shandong teapots went down by CNY55/mt WoW to CNY237/mt

05-11-2016 17:29:47

M100 refining loss was deepened to CNY260/mt

This week, based on CNY2,950/mt of Russia M100 spot ex-terminal barge price at Shandong market on March 30th, the theoretical loss of processing imported straight-run oil at Shandong teapots went up by CNY53/mt WoW to CNY260/mt amid the whole incomes decreasing of teapots.

03-31-2016 09:05:17

Bunker oil suffers great losses amid high cost in East China

As to the blended oil feedstock, in March, the increasing diesel price drove the deep processing market to rise.

03-23-2016 11:35:01

M100 refining loss surged to CNY271/mt

This week, based on CNY2,950/mt of Russia M100 spot ex-terminal barge price at Shandong market on March 16th, 2016, the loss of processing imported straight-run oil at Shandong teapots increased CNY106/mt against the previous week to CNY271/mt

03-16-2016 17:13:11

Loss of processing M100 shrunk to CNY367/mt

03-03-2016 17:33:37

Loss of processing Shengli crude shrunk to CNY79/mt

02-24-2016 16:23:02

Loss of processing M100 rose to CNY524/mt

On February 17th, 2016, the loss of processing imported straight-run oil at Shandong teapots aggravated by CNY60/mt to CNY524/mt.

02-19-2016 14:38:07

Despite turning losses into gains, challenges continue for PDH units

Shortage of propylene in China market propels the development of PDH. Different from oil to propylene, PDH, a kind of new process, only produces quality propylene, which is well-received by deep processing plants.

02-05-2016 14:32:50

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