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Sinopec Hainan Refining & Chemical runs at full capacity in 2023

Guangzhou (JLC), January 10, 2024--Sinopec Hainan Refining and Chemical ran its refinery at full capacity in 2023 and was shifting more focus on chemical production for better profit margins.

01-10-2024 18:43:30

State-owned refineries run at 81.02% of capacity

Beijing (JLC), January 24, 2024--Chinese state-owned oil refineries ran at 81.02% of their crude distillation unit (CDU) in the week to January 3 (Wednesday), JLC's data indicates.

01-04-2024 18:14:32

Shandong independents run at 61.7% of capacity at beginning of January

Guangzhou (JLC), January 4, 2024--Shandong independent refiners ran at 61.7% of their crude distillation unit (CDU) capacity in the week ending January 3, 2024 (Wednesday), JLC’s data shows.

01-04-2024 16:58:37

Refining capacity set to reach the brink of guidelines’ ceiling in 2024-2025

Guangzhou (JLC), October 30, 2023 – China is set to move closer to the refining capacity ceiling set by the government, as a total of 740,000 barrels per day of new capacity will come online by 2025.

10-30-2023 19:03:55

Crude stocks at Shandong ports rise on more capacity

Guangzhou (JLC), September 28, 2023--The stocks of crude, fuel oil and diluted bitumen at Shandong ports grew in the week to September 28, as some new tanks have been involved in JLC’s research.

09-28-2023 16:23:21

Crude stocks at Shandong ports grow on more storage capacity

Guangzhou (JLC), June 1, 2023--The crude stocks at Shandong ports grew in the week to June 1, due to the coverage of more tanks involved in JLC research.

06-01-2023 18:13:14

Shandong independents’ refining capacity drops for three years in a row

Guangzhou (JLC), December 22, 2022--Shandong-based independent refiners’ oil refining capacity declined further in 2022, the third year in a row, due to the removal of another three refineries.

12-22-2022 15:43:24

Liaohe Petrochemical runs at full capacity to lower crude stock

Guangzhou (JLC), October 10, 2022--PetroChina Liaohe Petrochemical in northeast China has been running its primary and secondary units at full capacity to lower crude stock.

10-10-2022 16:28:57

China INE crude price rallies on doubts on OPEC+’s output boost capacity

Guangzhou (JLC), Jun 8, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) gained some ground on Wednesday amid doubts about OPEC+’s production increase capacity.

06-08-2022 19:24:29

PetroChina Guangxi runs refinery at 92.87% of capacity in Q1

PetroChina Guangxi Petrochemical in south China processed 2.29 million mt of crude oil in the first quarter of 2022, suggesting that the refinery was running at 92.87% of capacity.

04-29-2022 19:03:37

Sinopec runs Zhanjiang refinery at full capacity in Q1 2022

Guangzhou (JLC), April 28, 2022--Sinopec ran its 300,000 bbl/day Zhanjiang Refining and Chemical complex (Zhongke) at roughly 100.02% of capacity in the first quarter of 2022, based on the crude thro

04-28-2022 14:02:25

Karamay Petrochemical runs refinery at 94.12% of capacity in first quarter

Guangzhou (JLC), April 27, 2022--PetroChina Karamay Petrochemical, with a processing capacity of 6 million mt/yr or 120,000 bbl/day, ran its refinery at 94.12% of capacity in the first quarter of 2022

04-27-2022 18:50:17

Sinopec shifts more focus on chemical amid overcapacity in oil market

Guangzhou (JLC), February 28, 2022--China’s oil giant Sinopec is switching its more focus from oil refining to the chemical sector and new energy, on the back of an overcapacity in the oil market and

02-28-2022 17:35:01

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 to keep refining capacity under 20 mln bbl/day by 2025

Guangzhou (JLC), November 9, 2021--China aims for a crude oil refining capacity of no more than 1.0 bln mt/yr (20 mln barrels per day) by 2025, according to a recent document released by the State Council.

11-09-2021 18:02:27

China's refining capacity to grow 1.94% in 2021

Guangzhou (JLC), April 27, 2021-China’s refining capacity is expected to grow 1.94% in 2021 when more refineries and expansion projects come on line, despite the removal of some small and outdated units at independent refiners.

04-27-2021 15:57:30

China’s INE lifts capacity of its LSFO futures delivery storages

Beijing (JLC), April 20, 2021--China’s Shanghai International Energy Exchange (INE) announced on April 14 that it had approved the expansion of the capacity of one of the four designated delivery storage facilities for very low sulfur fuel oil (VLSFO) of its listed futures.

04-20-2021 18:04:34

PetroChina Fushun runs refinery above capacity during holiday

PetroChina Fushun Petrochemical in northeast China’s Liaoning province operated its refinery above capacity during the public holiday for the Chinese New Year (February 11-17), according to the company.

02-19-2021 17:29:03

Update: Shandong to remove 156,000 bbl/day refining capacity in 2021

Shandong will remove 7.8 mln mt/yr (156,000 bbl/day) of oil refining capacity in 2021, amid its efforts to integrate the refining and chemical industry for high-quality development, the province said in its government work report on February 2.

02-05-2021 11:57:36

PetroChina Daqing expands crude refining capacity to 10 million mt/year

Beijing (JLC), September 17, 2020--PetroChina Daqing Petrochemical in Heilongjiang of Northeast China increased its crude refining capacity to 10 million mt/year with the handover of the 3.5 million mt/year CDU project on August 30.

09-17-2020 17:26:06

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