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Bohai Oilfield sets record high in its daily crude oil output

Guangzhou (JLC), September 5, 2024--The Bohai Oilfield’s daily crude oil production has recently exceeded the mark of 100,000 mt, hitting a record high in nearly sixty years of the oilfield’s developm

09-05-2024 17:29:55

Independents unload more imported crude oil in past weeks

Guangzhou (JLC), January 26, 2024--Shandong-based independent refiners and traders have sped up their unloading of imported crude oil so far this month, as they had increased purchases amid expectati

01-26-2024 16:58:32

Independents’ crude oil imports plunge in past weeks

Guangzhou (JLC), November 24, 2023--Shandong-based independent refiners and traders have witnessed a plunge in their crude oil imports over the past few weeks, due to tight import quotas.

11-24-2023 10:39:45

Independents cut their crude oil imports in H1 November

Guangzhou (JLC), November 17, 2023--Shandong-based independent refiners and traders cut their crude oil imports in the first half (H1) of November, mainly because of quota tightness.

11-17-2023 11:19:57

CNPC produces China’s first “zero-carbon crude oil”

Guangzhou (JLC), August 9, 2023 – China National Petroleum Corporation (CNPC) produced China’s first barrel of "zero-carbon crude oil" on August 4 at Xinli Oil Production Plant in Jilin Oilfield.

08-09-2023 18:15:05

Crude oil pipeline to be built in East Africa

Beijing (JLC), April 26, 2021--The construction of a crude oil pipeline connecting Uganda and Tanzania in east Africa is going to start soon, an industry source said.

04-26-2021 14:18:16

Iraq returns to China's No. 3 crude oil supplier in Oct

Iraq came back as the third-biggest crude supplier to China in October, according to data from the General Administration of Customs (GAC).

11-30-2020 17:35:50

Shandong to add four crude oil tank farms in Aug-Sept

Shandong is scheduled to have four crude oil tank farms coming online during August-September 2020, with a total storage capacity of 7.76 million cubic meters, according to industry sources.

08-26-2020 17:08:04

Hengli starts operating its 300,000-mt crude oil berth

Beijing (JLC), November 18, 2019--Hengli Petrochemical (Dalian)’s No. 115 crude oil berth recently accommodated a 300,000-dwt crude oil tanker, marking the official opening of the berth, according to market sources.

11-18-2019 13:59:09

Asia Pacific to become world's only net importer of crude oil

Beijing (JLC), August 26, 2019--China National Petroleum Corporation (CNPC) researchers forecast in a new report that Asia Pacific will become the only territory in the world that imports crude oil more than it exports.

08-26-2019 11:42:43

Qingdao Port starts construction of 600,000 cbm crude oil depot

Beijing (JLC), August 8, 2019--Qingdao Port, China's leading port for handling inbound crude oil, has started the construction of a new 600,000 cubic metres (cbm) crude oil depot in its Dongjiakou port area.

08-08-2019 15:04:09

China's crude oil output reverses 3-year downtrend with rise in H1

Beijing (JLC), July 30, 2019--China's crude oil output in the first half of 2019 increased by 0.8% from the same period a year earlier to 95.39 million mt, reversing the three-year decline, according to a Chinese official.

07-30-2019 15:28:52

Sinopec's H1 crude oil output down 1.36%

Beijing (JLC), July 30, 2019--China Petrochemical Corporation (Sinopec) said in a statement late on Monday that its crude oil production in the first half (H1) of 2019 fell 1.36% from the same period a year earlier to 142 million barrels.

07-30-2019 10:18:22

China April crude oil imports from Saudi Arabia up 43% YoY

Beijing (JLC), May 28, 2019--China's crude oil imports from Saudi Arabia rose 43% in April, making the Middle Eastern OPEC kingpin once again the top supplier to the world's second-biggest economy, boosted by demand from new independent refiners.

05-28-2019 17:44:43

Dongying Lianhe Petrochemical is granted to refine crude oil 2.1 mln mt

Beijing (JLC), April 29, 2019--Dongying Lianhe Petrochemical was granted to refine imported crude oil 2.1 million mt for 2019, the Ministry of Commerce of China reported in middle March.

04-29-2019 18:38:56

China's crude oil output edges up in Q1 2019

Beijing (JLC), April 22, 2019--China's crude oil output edged up 0.6% year-on-year to 47.35 million mt in the first quarter of 2019, data from China's National Bureau of Statistics (NBS) showed.

04-22-2019 14:35:36

Qingdao Port starts work on second crude oil terminal

Beijing (JLC), January 10, 2019--Qingdao Port, China's largest port for handling inbound crude oil, has started construction on its second 300,000-ton crude oil terminal in its Dongjiakou port area.

01-10-2019 14:10:31

Tianjin Shihua Crude Terminal has unloaded over 100 million mt of crude oil

Tianjin Port Shihua Crude Oil Terminal has been safely unloading 734 large oil carriers with a total of 111 million mt of imported crude oil by October 30, 2018 since it set up ten year ago.

11-14-2018 11:05:31

Shandong encourages to build crude oil terminals and depots

In the coming year, the storage capacity of Shandong coastal ports will further expand to meet the increasing demand of independent refineries.

08-17-2018 15:33:19

China crude oil demand to hike over the next few months

Given the growth of China crude oil imports in July, turnarounds ending of Chinese independent refineries and newly-built units scheduled to operate, China crude oil demand in the next few months of 2018 would pick up slightly, JLC data shows.

08-15-2018 18:44:33

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