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China INE crude price plummets amid hopes of US-Iran deal

Guangzhou (JLC), May 25, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged on Monday due to signs of progress in peace talks between the United States an

05-25-2026 19:05:45

China INE crude price plummets after US-Israel ceasefire deal

Guangzhou (JLC), April 8, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged on Wednesday following the announcement of a temporary truce between the Unit

04-08-2026 19:14:15

Chimbusco completes green methanol bunkering amid cargo handling in HK

Guangzhou (JLC), March 17, 2026--Chimbusco completed green methanol bunkering amid container handling at Hong Kong International Terminals (HIT) on March 10, which was the first time that such operat

03-17-2026 18:59:33

Shandong completes first STS green methanol bunkering

Guangzhou (JLC), March 4, 2026--Methanol bunkering vessel ''JIAN HANG LI DA'' pumped a combination of 2,500 mt of green methanol into two international ships at Qianwan port area of Qingdao Port on M

03-04-2026 19:01:15

Chimbusco completes Shenzhen's first green methanol bunkering

Guangzhou (JLC), December 4, 2025--Chimbusco, in collaboration with Shenzhen Port Group and COSCO Shipping Group, pumped a batch of domestically-produced green methanol into a container vessel at Yan

12-04-2025 18:43:10

MPA issues first batch of methanol bunkering licenses to three companies

Guangzhou (JLC), December 1, 2025--The Maritime & Port Authority of Singapore (MPA) has recently issued its first batch of methanol bunkering licenses, granting three companies the right to refuel sh

12-01-2025 19:01:35

Chimbusco completes Zhejiang's first green methanol bunkering

Guangzhou (JLC), September 29, 2025--Chimbusco completed its first green methanol bunkering in the Meishan Port Area of Ningbo-Zhoushan Port on September 29, which was also the first green methanol b

09-29-2025 18:48:59

Chimbusco launches methanol bunkering in Qingdao

Guangzhou (JLC), August 18, 2025--Cooperating with Qingdao Port Group, Chimbusco completed methanol bunkering at Qingdao Port on August 14, 2025, marking the official launch of the port’s methanol bu

08-18-2025 17:52:26

China INE crude price plummets on Iran-Israel ceasefire

Guangzhou (JLC), June 25, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged further on Wednesday due to a ceasefire between Iran and Israel.

06-25-2025 18:38:16

CNOOC starts production at mega metamorphic rock oilfield

Guangzhou (JLC), February 8, 2025--State-owned China National Offshore Oil Corporation (CNOOC) on Friday commenced production at the first phase of the Bozhong 26-6 oilfield, by far the largest metamo

02-08-2025 16:25:04

China sees SAF and green methanol demonstration project breaking ground

Beijing (JLC), November 1, 2024--The first phase of the SAF and green methanol demonstration project utilizing wind, solar, hydrogen, and biomass resources came under construction on October 14.

11-01-2024 09:39:44

China’s biodiesel exports plummet in August

Beijing (JLC), October 17, 2024--In August, China's biodiesel exports plummeted as a result of the imposition of anti-dumping tariffs ranging from 12.8% to 36.4% on Chinese biodiesel.

10-17-2024 18:02:01

China INE crude price plummets on demand concerns

Guangzhou (JLC), October 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged on Wednesday amid demand concerns after both OPEC and the International En

10-16-2024 19:14:17

Tarim Oilfield sees shortest drilling time for 8,000-meter well in China

Guangzhou (JLC), May 29, 2024--PetroChina Tarim Oilfield completed the drilling of the Fuyuan 304-H2 well in the 8,322-meter underground layer in 89 days, setting a record for the shortest drilling ti

05-30-2024 17:08:31

China's deepest oil well breaks through 10,000 meters

Guangzhou (JLC), March 4, 2024 – The drilling of Shendi Take-1 finally broke through 10,000 meters on March 4.

03-04-2024 18:58:14

CNOOC discovers world’s largest metamorphic rock oilfield

Guangzhou (JLC), February 26, 2024 – CNOOC announced on February 25 the discovery of the world's largest metamorphic rock oilfield in China's Bohai Sea.

02-26-2024 15:09:16

China's deepest oil well set to break through 10,000 meters

Guangzhou (JLC), February 19, 2024 – The drilling of Shendi Take-1, an exploration well with a designed depth of unprecedented 11,100 meters, was about to break through 10,000 meters.

02-19-2024 18:54:41

PetroChina starts drilling another 10,000-meter well

Guangzhou (JLC), July 21, 2023 – PetroChina began drilling another borehole of more than 10,000 meters underground in the southwest China’s Sichuan province on July 20.

07-21-2023 16:58:14

PetroChina begins drilling China’s first over-10,000-meter-deep well

Guangzhou (JLC), May 31, 2023 – PetroChina has begun drilling China's first scientific exploration well with a designed depth of 11,100 meters in the Tarim Oilfield.

05-31-2023 19:00:43

Diluted bitumen imports plummet in April

Beijing (JLC), May 24, 2023--China’s imports of diluted bitumen slumped in April on new Customs policies, according to market sources.

05-24-2023 15:59:04

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