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Xinjiang and Sichuan top China’s oil and gas reserves in 2022 respectively

Guangzhou (JLC), August 1, 2023 -- China’s total oil reserves (not including shale oil and oil sands) stood at roughly 3.8 billion mt in 2022.

08-01-2023 18:06:44

JLC releases research report on China’s gas stations for 2022

Guangzhou (JLC), May 4, 2023 – JLC has released on April 23 a research report (PowerPoint version) that sheds light on the development of China’s gas stations for 2022

05-04-2023 19:09:27

PetroChina’s net profits set record high in 2022

Guangzhou (JLC), March 30, 2023--PetroChina’s net profits attributable to equity shareholders set an all-time high last year, mainly as a result of higher oil and gas prices, larger oil and gas produ

03-30-2023 16:19:16

Sinopec’s oil product sales down by 6.4% in 2022

Guangzhou (JLC), March 28, 2023--Sinopec’s oil product sales dropped by 6.4% in 2022 when demand was hit hard by virus resurgences.

03-28-2023 16:30:17

Sinopec Zhenhai refinery processes record-high crude in 2022

Guangzhou (JLC), March 2, 2023--Sinopec Zhenhai Refining and Chemical Company (ZRCC) in Ningbo, Zhejiang Province processed record-high crude in 2022, after expanding its refining capacity in 2021.

03-02-2023 18:37:42

Sinopec Qilu Petrochemical cuts 2022 crude runs by 4.38%

Guangzhou (JLC), February 20, 2023--Sinopec Qilu Petrochemical in Shandong’s Zibo cut its crude runs by 4.38% in 2022, according to data from Qilu Petrochemical.

02-20-2023 15:52:18

China’s apparent kerosene consumption drops faster in 2022

Guangzhou (JLC), February 2, 2023--China’s apparent kerosene consumption descended faster in 2022, when domestic kerosene demand took a greater hit from the virus.

02-02-2023 18:14:45

China sees much higher growth in 2022 apparent diesel consumption

Guangzhou (JLC), February 2, 2023--China recorded a higher increase in its apparent diesel consumption for 2022, as Chinese refiners continued to boost their diesel production on a lesson learned from

02-02-2023 18:13:48

China’s apparent gasoline consumption falls 5.4% in 2022

Guangzhou (JLC), February 2, 2023--China’s apparent consumption of gasoline dropped by 5.4% year on year in 2022, as domestic demand was hit hard by frequent outbreaks of Omicron.

02-02-2023 18:12:34

China records slower rise in fuel oil output in 2022

Guangzhou (JLC), February 1, 2023--China recorded a slower rise in its fuel oil output last year when domestic demand was strongly curbed by Omicron, also because some refineries gave priority to dies

02-01-2023 19:23:59

China’s diesel output surges 17.9% in 2022

Guangzhou (JLC), January 31, 2023--China’s diesel production soared 17.9% year on year in 2022, because of improving market fundamentals over the past year and much higher exports in the last few mont

01-31-2023 16:35:39

China cuts 2022 gasoline output on weak demand

Guangzhou (JLC), January 31, 2023--China reduced its gasoline production in 2022, as domestic demand was hit hard by rampant Omicron and strict epidemic control measures that wasn’t lifted until Decem

01-31-2023 16:33:51

China’s bonded bunker fuel imports plunge in Dec 2022

Guangzhou (JLC), January 30, 2023--China’s bonded bunker fuel imports plunged on month in December 2022, due to a decrease in Chinese buyers’ import interest coupled with a relatively high base in the

01-30-2023 19:04:58

China cuts bonded bunker fuel exports in 2022

Guangzhou (JLC), January 30, 2023--China cut its bonded bunker fuel exports in 2022 when refueling demand at Chinese ports was dampened by Omicron, despite an increase in domestic low-sulfur fuel oi

01-30-2023 18:32:55

China's asphalt imports drop on weak domestic demand in 2022

Guangzhou (JLC), January 29, 2023--China’s petroleum asphalt imports fell in 2022 when domestic demand was weakened by frequent outbreaks of Omicron.

01-29-2023 17:01:44

China’s oil product exports drop 14.7% in 2022

Guangzhou (JLC), January 28, 2023--China exported a total of 34.39 mln mt of oil products (gasoline, diesel and jet fuel) in 2022, a decline of 5.91 mln mt or 14.7% from 2021.

01-28-2023 11:45:05

China hikes 2022 jet fuel exports on weak domestic demand

Guangzhou (JLC), January 27, 2023--China hiked its jet fuel exports in 2022 when domestic demand took a hit from frequent outbreaks of Omicron and persistent restrictions on mobility.

01-27-2023 21:32:15

China’s bonded bunker fuel sales retreat in 2022

Guangzhou (JLC), January 27, 2023---China’s bonded bunker fuel sales retreated in 2022 when global economy was slow to recover and the shipping market was still affected by persistent COVID-19.

01-27-2023 17:39:25

China slashes diesel exports in 2022

Guangzhou (JLC), January 26, 2023--China slashed its diesel exports in 2022, amid efforts to strengthen its energy security and step up its industrial upgrade for a green transition.

01-26-2023 21:35:58

China cuts 2022 gasoline exports less than expected

Guangzhou (JLC), January 25, 2023--China cut its gasoline exports less than expected in 2022, due to large exports in the last quarter when domestic demand was hit hard by rampant Omicron.

01-25-2023 13:19:26

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