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China sees SAF and green methanol demonstration project breaking ground

Beijing (JLC), November 1, 2024--The first phase of the SAF and green methanol demonstration project utilizing wind, solar, hydrogen, and biomass resources came under construction on October 14.

11-01-2024 09:39:44

China INE crude price rallies on breakdown of Gaza truce talks

Guangzhou (JLC), May 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday after the talks on a truce in the Gaza Strip broke down.

05-10-2024 19:04:08

Sinopec and PetroChina to put brake on crude runs in 2024

Guangzhou (JLC), March 29, 2024 – Both PetroChina and Sinopec set a slower pace in boosting their annual crude throughput in 2024, after a year-on-year rise of 15.30% and 6.30% in 2023

03-29-2024 19:11:13

China’s naphtha imports fall month on month in February

Beijing (JLC), March 28, 2024--China’s naphtha imports fell in February compared with the previous month due to less domestic demand on inbound resources and high costs.

03-28-2024 18:08:29

China’s air transport turnover hits record high in February

Guangzhou (JLC), March 21, 2024 – China’s air transport turnover hit a historical high in February 2024, data from the Civil Aviation Administration of China (CAAC) showed, suggesting robust growth in

03-21-2024 18:57:08

China’s MTBE exports slip in February

Beijing (JLC), March 21, 2024--China exported 139,600 mt of MTBE in February, down by 36.08% month on month, according to data from the General Administration of Customs of the PRC (GACC).

03-21-2024 17:47:38

Chinese refiners cut LSFO output modestly in February

Guangzhou (JLC), March 19, 2024--Chinese refiners slightly cut their low-sulfur fuel oil (LSFO) output in February, because of an eight-day holiday for China’s Spring Festival.

03-19-2024 14:16:27

China's naphtha imports rise in January-February

Guangzhou (JLC), March 18, 2024--China's naphtha imports increased year on year in the first two months of 2024, according to data from the General Administration of Customs of the PRC (GACC).

03-18-2024 19:21:55

China’s gasoline and diesel consumption diverges in February

Guangzhou (JLC), March 13, 2024--China’s actual gasoline and diesel consumption diverged in February, on the back of different fundamentals.

03-13-2024 16:07:21

Feedstock unloading for Shandong independents rally in February

Guangzhou (JLC), March 8, 2024 – Feedstock unloading for Shandong independents rallied in February, as local independent refiners boosted purchase after the release of this year’s crude quotas.

03-08-2024 15:34:59

Sinopec Yangzi Petrochemical brings upgrade project on stream

Guangzhou (JLC), March 7, 2024--With the successful commissioning of a 2.8 mln mt/yr catalytic cracker on March 3, Sinopec Yangzi Petrochemical in east China’s Jiangsu province brought its refinery up

03-07-2024 15:56:10

Shandong independents' February run rates fall for fifth month straight

Guangzhou (JLC), March 5, 2024--Shandong-based independent refiners' operating rates dropped for a fifth consecutive month in February, mainly because of rising costs and declining margins.

03-05-2024 16:34:06

State-owned refineries' run rates rise in February

Guangzhou (JLC), March 5, 2024--Chinese state-owned oil companies raised their refinery operating rates in February on account of robust gasoline and jet fuel consumption.

03-05-2024 16:32:55

Sinopec and PetroChina continue to raise crude runs in February

Guangzhou (JLC), March 5, 2024--Sinopec and PetroChina continued to lift their crude throughput in February in view of growing gasoline and jet fuel demand.

03-05-2024 16:31:42

China's deepest oil well breaks through 10,000 meters

Guangzhou (JLC), March 4, 2024 – The drilling of Shendi Take-1 finally broke through 10,000 meters on March 4.

03-04-2024 18:58:14

China LPG prices dip in February

Beijing (JLC), March 1, 2024--LPG prices averaged CNY4,913/mt in February, down by CNY58/mt or 1.17% month on month and 16.26% year on year, JLC research showed.

03-01-2024 11:56:06

State-owned refinery run rates stabilize in late February

Beijing (JLC), February 29, 2024--Chinese state-owned oil refineries' run rates were steady in the week to February 28, 2024 (Wednesday), JLC’s data shows.

02-29-2024 17:50:33

China's deepest oil well set to break through 10,000 meters

Guangzhou (JLC), February 19, 2024 – The drilling of Shendi Take-1, an exploration well with a designed depth of unprecedented 11,100 meters, was about to break through 10,000 meters.

02-19-2024 18:54:41

PetroChina and Sinopec cut February jet fuel ex-refinery prices

Guangzhou (JLC), February 6, 2024--PetroChina and Sinopec cut their jet fuel ex-refinery prices by CNY135/mt on February 1, 2024, according to sources from the two companies.

02-06-2024 19:15:50

Independents’ feedstock demand to increase in February

Guangzhou (JLC), February 2, 2024--Shandong-based independent refiners’ feedstock demand is likely to increase in February, as domestic gasoline and jet fuel demand will be boosted by record traffic.

02-02-2024 18:53:33

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