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Sinopec launches asphalt export to Tonga

Guangzhou (JLC), December 24, 2024--Sinopec recently exported 100 mt of asphalt to Tonga for the first time, marking a breakthrough in the continuous development of the Oceania asphalt market, Sinopec

12-24-2024 15:12:11

China's November apparent gasoline consumption hits 23-month low

Guangzhou (JLC), December 23, 2024--China's apparent consumption of gasoline in November reached a 23-month low because of plunging output and surging exports.

12-23-2024 19:05:52

China’s gasoline prices tick higher, diesel prices retreat

Guangzhou (JLC), December 20, 2024--China’s wholesale gasoline prices ticked higher this week, as international crude prices strengthened and demand grew modestly, while diesel prices retreated amid

12-20-2024 17:24:34

Nov sees peak of China asphalt output in 2024

Beijing (JLC), December 17, 2024—China’s petroleum asphalt output totaled 2.34 million mt in November, expanding by 200,000 mt or 9.3% month on month, JLC’s data showed.

12-17-2024 16:59:49

Crude stocks at Shandong ports extend rises over past week

Guangzhou (JLC), December 12, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended rises in the week to December 12, as unloading outpaced outbound delivery.

12-12-2024 17:08:53

SOEs to slash December diesel output amid seasonally weak demand

Guangzhou (JLC), December 9, 2024--State-owned enterprises (SOEs) plan to cut their diesel production sharply in December 2024 when domestic demand turns seasonally weak.

12-09-2024 15:05:48

Shandong independents’ feedstock unloading decreases in Nov

Guangzhou (JLC), December 5, 2024--Shandong-based independent refiners reduced their unloading of imported feedstock in November, due to relatively sluggish oil product demand and bad refining margin

12-05-2024 18:58:34

Chinese SOEs to lower December crude runs as demand weakens

Guangzhou (JLC), December 3, 2024--Chinese state-owned enterprises plan to cut their crude throughput in December, as fuel demand becomes seasonally weak and their exports drop amid short quotas.

12-03-2024 18:32:28

China INE crude edges down on surprise US gasoline stock build

Guangzhou (JLC), November 28, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell slightly on Thursday as an unexpected build in the US gasoline stocks ahead

11-28-2024 18:55:22

China INE crude price extends losses on Israel-Hezbollah ceasefire deal

Guangzhou (JLC), November 27, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Wednesday following news that Israel and Hezbollah reached a ceas

11-27-2024 19:07:52

Shandong independents' run rates inch up as sales improve

Guangzhou (JLC), November 27, 2024--Shandong independent refiners' operating rates inched up in the week to November 27 as sales started to improve.

11-27-2024 18:29:24

China INE crude price retreats on possible Israel-Hezbollah ceasefire

Guangzhou (JLC), November 26, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday on hopes of a ceasefire between Israel and Hezbollah.

11-26-2024 19:01:21

Sinopec plans to start test runs at ZRCC Phase II by year-end

Guangzhou (JLC), November 25, 2024--Sinopec’s Zhenhai Refining and Chemical Company (ZRCC) will likely begin trial operation at its phase-II expansion project by the end of this year.

11-25-2024 18:25:20

Sinopec Maoming realizes industrial application of asphalt in expressway

Guangzhou (JLC), November 22, 2024--Sinopec Maoming Petrochemical has realized the industrial application of its asphalt in expressway projects this year.

11-22-2024 18:24:07

China INE crude price growth slows on US crude & gasoline stock builds

Guangzhou (JLC), November 21, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Thursday amid escalating geopolitical tensions, but the grow

11-21-2024 19:08:06

China's October apparent gasoline consumption sets year's lowest

Guangzhou (JLC), November 21, 2024--China's apparent consumption of gasoline in October hit the lowest in 2024, as Chinese refiners cut their gasoline production to this year's lowest.

11-21-2024 18:11:46

Shandong independents' run rates largely stable over past week

Guangzhou (JLC), November 20, 2024--Shandong independent refiners' operating rates became largely steady in the week to November 20, JLC's data shows.

11-20-2024 18:14:52

Domestic refiners produce more asphalt in Oct on seasonal demand

Beijing (JLC), November 20, 2024—China’s petroleum asphalt output totaled around 2.12 million mt in October, swelling by 217,000 mt or 11.4% month on month, JLC’s data showed.

11-20-2024 15:30:10

Sinopec and Aramco start building Gulei phase-II complex in Fujian

Guangzhou (JLC), November 19, 2024 – Sinopec, Aramco, and Fujian Petrochemical Company Limited (FPCL) began to construct the Gulei Phase-II Integrated Refining and Petrochemical Project.

11-19-2024 17:58:14

Chinese oil refiners cut October gasoline output to year’s lowest

Guangzhou (JLC), November 18, 2024--Chinese oil refiners cut their October gasoline production to the year's lowest, according to data from the National Bureau of Statistics (NBS).

11-18-2024 16:46:28

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