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Crude stocks at Shandong ports surge to over seven-month high

Guangzhou (JLC), April 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports surged to a new high in over seven months in early April.

04-03-2025 17:27:34

China’s fuel prices rally after seven weeks of drops

Guangzhou (JLC), March 28, 2025--China’s wholesale gasoline and diesel prices rallied in late March, after drops in seven consecutive weeks, because of rising international crude prices and pre-holid

03-28-2025 18:49:27

Domestic fuel prices drop for seven consecutive weeks

Guangzhou (JLC), March 21, 2025--China’s wholesale gasoline and diesel prices have dropped for seven consecutive weeks, due to weakening gasoline demand and bearish sentiment.

03-21-2025 19:17:08

Shandong independents' run rates rally after eleven weeks of drops

Guangzhou (JLC), March 5, 2025--Shandong independent refiners' operating rates rallied in early March, after dropping for eleven consecutive weeks, as two refiners wrapped up maintenance.

03-05-2025 19:12:25

State-owned refinery run rates increase, seventh week in a row

Beijing (JLC), January 24, 2025--Chinese state-owned oil refineries' run rates went up further in the week to January 22 (Wednesday), the seventh week in a row, JLC’s data shows.

01-24-2025 10:38:28

China INE crude price remains elevated

Guangzhou (JLC), January 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday, still supported by the latest round of US sanctions

01-14-2025 18:50:01

CNOOC brings another oilfield development project on stream

Guangzhou (JLC), January 8, 2025--State-owned China National Offshore Oil Corporation (CNOOC) announced the commencement of production at the Panyu 11-2 oilfield/Panyu 10-1 oilfield/Panyu 10-2 oilfiel

01-08-2025 14:48:39

Chinese oil companies revise up plans for November refined oil exports

Guangzhou (JLC), November 25, 2024--Chinese oil companies have revised up their plans for November exports of clean oil products (gasoline, diesel and jet fuel), before China cuts its VAT rebate.

11-25-2024 17:20:37

China's crude runs drop on year for seven consecutive months

Guangzhou (JLC), November 15, 2024--China's crude oil throughput dropped for seven months in a row on a year-on-year comparison as of October, mainly due to relatively weak domestic product demand.

11-15-2024 11:50:55

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

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