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Crude stocks at Shandong ports retreat on higher consumption

Guangzhou (JLC), September 11, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week ending September 11, as local independent refiners' feedstock consumption

09-11-2025 18:56:30

China INE crude price up amid prospect of new EU sanctions on Russia

Guangzhou (JLC), September 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Thursday as the European Union (EU) is advancing a new roun

09-11-2025 17:43:38

Independents' crude refining margins surge amid lower costs

Guangzhou (JLC), September 11, 2025--Shandong-based independents' refining margins for imported crude surged in the week ending September 10, because of falling crude costs, despite slightly lower sal

09-11-2025 16:47:22

Yanchang Petroleum sees completion of Yan’an crude tank farm

Guangzhou (JLC), September 11, 2025--Shaanxi Yanchang Petroleum’s new crude oil tank farm project was completed on September 10, Shaanxi Petroleum Chemical Engineering and Construction, the contractor

09-11-2025 14:36:46

China INE crude price rallies on OPEC+ compensatory output cuts

Guangzhou (JLC), September 9, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday due to compensatory production cuts by certain OPEC+ members

09-09-2025 18:52:27

Sinopec and Aramco inaugurate petrochemical venture in Fujian

Guangzhou (JLC), September 9, 2025--Sinopec, Saudi Aramco, and Fujian Province together announced the establishment of a petrochemical company at an inauguration ceremony on September 7, Sinopec said.

09-09-2025 18:20:55

Sinopec Guangzhou exports over 90,000 mt of asphalt in Jan-Aug

Guangzhou (JLC), September 9, 2025--Sinopec Guangzhou Petrochemical exported more than 90,000 mt of asphalt in the first eight months of this year, Sinopec said on its official news website on Septemb

09-09-2025 15:42:39

State-owned refinery run rates higher on more restarts in August

Guangzhou (JLC), September 9, 2025--Chinese state-owned oil refineries' run rates rose again in August, following the restart of a crude distillation unit (CDU) and one refinery.

09-09-2025 10:14:15

China's crude imports rebound on month in August

Guangzhou (JLC), September 8, 2025--China's crude oil imports rallied month on month in August 2025, according to the latest data from the General Administration of Customs of the PRC (GACC).

09-08-2025 16:36:00

Sinopec Shijiazhuang to build 10,000-cbm jet fuel tank

Guangzhou (JLC), September 5, 2025--Sinopec Shijiazhuang Refining & Chemical aims to build a jet fuel storage tank with a capacity of 10,000 cubic meters (cbm), according to an EIA report.

09-05-2025 17:55:48

Crude stocks at Shandong ports rally on more unloading

Guangzhou (JLC), September 4, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending September 4, as unloading outpaced outbound delivery.

09-04-2025 19:04:33

State-owned refinery run rates inch lower in early September

Guangzhou (JLC), September 4, 2025--Chinese state-owned oil refineries' run rates fell modestly in the week ending September 3 (Wednesday), JLC's data shows.

09-04-2025 17:22:23

China's fuel oil output drops to 8-month low in July

Guangzhou (JLC), September 4, 2025--China's fuel oil output dropped to an eight-month low in July 2025 when some refineries suffered more production losses because of unit maintenance.

09-04-2025 15:58:55

Independents see lower crude refining margins in early Sept

Guangzhou (JLC), September 3, 2025--Shandong-based independent refiners saw a further decline in their crude refining margins in early September, because of lower sales revenue and slightly higher cr

09-03-2025 18:52:08

Shandong independents' run rates rise further in early September

Guangzhou (JLC), September 3, 2025--Shandong independent refiners' operating rates continued to grow in the week to September 3, still supported by unit restarts.

09-03-2025 18:51:36

China's offshore heavy oil output from thermal recovery exceeds 5 mln mt

Guangzhou (JLC), September 2, 2025--China's cumulative output of offshore heavy oil thermal recovery has exceeded 5.00 million mt, becoming the world's first country to achieve large-scale thermal re

09-02-2025 18:45:43

Yanchang completes 90% of Yan'an crude oil tank farm

Guangzhou (JLC), September 1, 2025--Shaanxi Yanchang Petroleum has completed 90% of the construction of its new crude oil tank farm in Yan'an, the company said on its WeChat platform on August 20.

09-01-2025 19:12:53

What Hainan Free Trade Port may mean to China’s oil market

Guangzhou (JLC), August 30, 2025--Hainan in southern China will become an enclosed customs-controlled area as from December 18, 2025, amid China’s efforts to open up further to the world.

08-30-2025 18:18:38

PetroChina Guangdong's crude stocks hit 791,000 mt

Guangzhou (JLC), August 29, 2025--PetroChina Guangdong Petrochemical's crude oil inventories reached 791,000 mt on August 25, an increase of 150,000 mt from the middle of this month.

08-29-2025 16:36:46

Crude stocks at Shandong ports drop on growing consumption

Guangzhou (JLC), August 28, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined again in the week ending August 28, as local feedstock consumption increased.

08-28-2025 18:18:15

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