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CNOOC starts up China’s first deepwater oilfield secondary development project

Guangzhou (JLC), September 25, 2024--State-owned China National Offshore Oil Corporation (CNOOC) brought in China’s first deepwater oilfield secondary development project in the waters of the Pearl Ri

09-25-2024 16:12:02

PetroChina posts growth in revenue and profit in H1 2024

Guangzhou (JLC), August 27, 2024 – PetroChina (SH:601857, HK:00857) posted a 5.0% growth in revenue in the first half (H1) of 2024, with the profit attributable to its shareholders gaining 3.9%.

08-27-2024 18:50:33

Sinopec revises down its crude throughput plan for 2024

Guangzhou (JLC), August 27, 2024--Sinopec has revised down its crude throughput plan for 2024, which can be ascribed to relatively weak demand for diesel.

08-27-2024 15:43:06

China's fuel prices extend drops, seventh week in a row

Guangzhou (JLC), August 23, 2024--China’s gasoline and diesel prices extended drops in the week to August 23, the seventh week in a row, tracking a decline in international crude prices, also due to

08-23-2024 17:51:12

China's gasoline exports plunge 22.7% in first seven months

Guangzhou (JLC), August 19, 2024--China’s gasoline exports plunged by 22.7% in the first seven months of 2024, accelerating from a 20.2% decrease in the first six months, due to stronger domestic dema

08-19-2024 15:00:15

CNOOC Huizhou achieves record-high crude throughput

Guangzhou (JLC), July 19, 2024 – CNOOC Huizhou Petrochemical’s crude processing volume hit a record high in the first half of the year, exceeding half of its annual target.

07-19-2024 15:34:44

Several Sinopec refineries cut diesel yield for better profit

Guangzhou (JLC), May 28, 2024--Several Sinopec refineries cut the yield of diesel while lifting that of other products to amplify their profit margins, Sinopec said on its news website.

05-28-2024 16:59:56

Chinese companies win ten bids to develop Iraq oil and gas

Beijing (JLC), May 15, 2024---Chinese companies won ten bids to explore Iraq oil and gas in the energy bidding ended on May 13, a market source said.

05-15-2024 17:47:22

Sinopec’s crude throughput grows 6.29% in 2023: unaudited preview

Guangzhou (JLC), March 6, 2024 – Sinopec processed more crude oil in 2023 than in the previous year, with production of gasoline, diesel, kerosene and light chemical feedstock all growing.

03-06-2024 18:50:02

China INE crude price rallies after IEA revises up demand forecast

Guangzhou (JLC), January 19, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded Friday after the International Energy Agency (IEA) forecast stronger gro

01-19-2024 18:19:36

China’s diesel exports soar 60.99% in first eleven months

Guangzhou (JLC), December 22, 2023--China's diesel exports surged by 60.99% year on year in the first eleven months of 2023, according to data from the GACC.

12-22-2023 11:49:51

China INE crude price rallies after IEA revises up oil demand forecast

Guangzhou (JLC), December 15, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday, supported by an upgrade in global oil demand growth forecast

12-15-2023 19:32:30

Review of major events in China’s bunker fuel market in 2023

Guangzhou (JLC), December 12, 2023--China’s bunker fuel market has witnessed some changes and developments this year, including a drop in LSFO export quotas and more supply of cleaner and bio-fuel. JL

12-13-2023 17:18:55

Review of major events in China’s oil product industry in 2023

Guangzhou (JLC), December 11, 2023 – JLC has listed some key facts, important policies or events related to China’s refined oil products in 2023. For more, please subscribe to JLC 2023 Annual Report.

12-11-2023 19:02:01

Independents’ crude refining margins drop for seven weeks in a row

Guangzhou (JLC), November 1, 2023--Shandong-based independents’ crude refining margins continued to fall in the week to November 1, the seventh week in a row, as product prices lost more ground than

11-01-2023 18:00:46

Sinopec Group unveils achievements along B&R in 2013-2023

Guangzhou (JLC), October 9, 2023 – Sinopec Group has made a tremendous accomplishment along with other Chinese companies since the launch of the Belt and Road Initiative (BRI)

10-09-2023 18:30:55

Several Sinopec refineries see record jet fuel output in August

Guangzhou (JLC), September 27, 2023--Several Sinopec refineries saw record jet fuel production in August due to strong demand in the summer travel rush.

09-27-2023 18:56:37

More gasoline displaced by NEVs in China during Jan-July 2023

Guangzhou (JLC), September 7, 2023 – About 9.35 million mt of gasoline as a road fuel was displaced by new energy vehicles (NEVs) in China during January-July 2023.

09-07-2023 19:13:20

Diluted bitumen imports return to normal level

Guangzhou (JLC), August 29, 2023 – China’s diluted bitumen imports rose to 1.38 million mt in July, up 28% from June, according to data from the General Administration of Customs of the PRC (GACC).

08-29-2023 18:55:59

China’s gasoline exports grow 14.7% in first seven months

Guangzhou (JLC), August 21, 2023--China’s gasoline exports grew 14.7% year on year in the first seven months of 2023, which could be ascribed to recovering international demand.

08-21-2023 17:38:34

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