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Sinopec ZRCC tallies record high crude throughput in 2021

Guangzhou (JLC), February 23, 2022--Sinopec Zhenhai Refining and Chemical Company in east China (ZRCC) processed about 22.25 million mt of crude in 2021, which set a new high, ZRCC said.

02-23-2022 19:01:23

Shanghai port sees record bonded bunker sales in 2021

Guangzhou (JLC), February 22, 2022--China’s bonded bunker sales at Shanghai port hit a new high in 2021, due to increasingly competitive prices amid favorable government policies.

02-22-2022 16:02:45

Qilu Petrochemical’s operating profit hits record high in 2021

Guangzhou (JLC), February 16, 2022--Sinopec Qilu Petrochemical’s operating profit exceeded 5 billion yuan in 2021, hitting a record high, mainly because of continuous optimization of operation and cos

02-16-2022 17:44:22

China's oil product consumption grows 3.2% in 2021

Guangzhou (JLC), February 14, 2022--China's oil product consumption increased last year as the its economy grew faster, official data shows.

02-14-2022 15:28:52

Sinopec boosts crude runs on recovering demand in 2021

Guangzhou (JLC), February 10, 2022--Sinopec increased its crude runs in 2021, as domestic demand for oil products was recovering when COVID-19 was effectively controlled.

02-10-2022 17:57:31

China’s apparent jet fuel consumption drops further in 2021

Guangzhou (JLC), January 25, 2022--China’s apparent jet fuel consumption continued to fall year on year in 2021 when demand was still weak amid lingering impact of COVID-19.

01-25-2022 18:05:21

China’s apparent diesel consumption rallies 4.6% in 2021

Guangzhou (JLC), January 25, 2022--China’s apparent diesel consumption rebounded by 4.6% year on year in 2021 as Chinese refineries boosted their production sharply in the last quarter after a supply

01-25-2022 18:03:15

China's apparent gasoline consumption surges 21% in 2021

Guangzhou (JLC), January 25, 2022--China’s apparent gasoline consumption surged by 21% year on year in 2021 when demand was recovering and Chinese refineries kept adjusting their product mixes for bet

01-25-2022 17:59:53

China’s bonded bunker sales soar 21.28% in 2021

China’s bonded bunker sales soared by 21.28% in 2021, mainly as a result of more competitive prices at Chinese ports and booming foreign trade.

01-20-2022 18:37:17

China’s kerosene output drops further on weak demand in 2021

01-20-2022 16:18:20

China's diesel output rebounds modestly in 2021

01-20-2022 14:28:25

China’s gasoline output surges 17.3% in 2021

01-20-2022 14:25:45

Hainan's bonded bunker sales surge 113% in 2021

Guangzhou (JLC), January 19, 2022--Hainan province in south China recorded 217,500 mt of bonded bunker sales in 2021, a surge of 113% year on year, according to local official data.

01-19-2022 15:55:44

China records another large drop in oil product exports in 2021

Guangzhou (JLC), January 18, 2022--China recorded another sharp drop in its exports of gasoline, diesel and jet fuel in 2021 as the country's policies changed and international demand was still weak when COVID-19 was spreading fast.

01-18-2022 18:56:43

China's crude throughput rises as fuel demand recovers in 2021

Guangzhou (JLC), January 17, 2022--China's crude throughput climbed in 2021 as fuel demand recovered to some degree and the country's refining capacity expanded further.

01-17-2022 19:51:16

Sinopec runs Zhanjiang refinery at full capacity in 2021

Guangzhou (JLC), January 11, 2022--Sinopec run its 300,000 bbl/day Zhanjiang refinery at full capacity in 2021, Sinopec said on its news website.

01-11-2022 18:51:53

China's LSFO output soars 42.28% in 2021

Beijing (JLC), January 6, 2022--Chinese refiners produced about 11.084 million mt of low-sulfur fuel oil (LSFO, with a maximum sulfur content of 0.5%) in 2021, a surge of 42.28% from the prior year, JLC's data shows.

01-06-2022 13:56:40

China stocks little crude in 2021

Guangzhou (JLC), December 28, 2021--China stocked little crude in 2021 when the country's imports dropped amid much higher prices and throughput grew.

12-28-2021 19:25:05

More companies apply for licenses for fuel oil import in 2021

Guangzhou (JLC), November 30, 2021--Many more Chinese companies have submitted applications this year for the license for non-state fuel oil import, due to fast development of the Chinese fuel oil market and the imposition of consumption tax on some feedstock.

11-30-2021 15:40:37

China releases 4th-batch quotas on 2021 crude imports

Guangzhou (JLC), October 15, 2021--China has released this year’s fourth batch of quotas on non-state crude imports, with 16 companies, mostly independent refiners winning quotas on a total of 14.89 mln mt, according to an notice from the Ministry of Commerce.

10-15-2021 10:16:43

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