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Shandong independents’ run rates slip in early April

Guangzhou (JLC), April 2, 2025--Shandong independent refiners’ operating rates slipped in early April, as some refiners’ throughput cuts counteracted other refiners’ boosts.

04-02-2025 18:43:28

China to hike fuel ceilings on April 3

Guangzhou (JLC), April 2, 2025--China will raise its retail ceilings of gasoline and diesel on April 3, 2025 (Thursday), as international crude prices have rebounded over the past 10 working days.

04-02-2025 11:52:11

State-owned refineries’ operating rate to drop on maintenance in April

Guangzhou (JLC), April 1, 2025--State-owned refineries' operating rate is expected to drop further in April, because of more refinery maintenance.

04-01-2025 18:50:36

China INE crude price rallies on rising geopolitical tensions

Guangzhou (JLC), April 1, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday amid mounting tensions between the US and Iran.

04-01-2025 18:41:44

Shanghai Port launches biofuel bunkering for international vessels

Guangzhou (JLC), April 1, 2025--Refueling ship “TONG YIN 5005” successfully pumped around 2,700 mt of B24 marine biofuel into vessel “COSCO FRANCE” at Shengdong International Container Terminal of Sha

04-01-2025 15:05:51

Crude stocks at Shandong ports rebound modestly

Guangzhou (JLC), March 27, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded modestly in the week ending March 27, as unloading outpaced outbound delivery.

03-27-2025 18:17:30

Independents’ crude refining margins continue to drop

Guangzhou (JLC), March 27, 2025--Shandong-based independents’ crude refining margins continued to drop in late March, due to higher costs and lower sales revenue.

03-27-2025 14:18:48

Shandong independents’ run rates surge after unit restart

Guangzhou (JLC), March 26, 2025--Shandong independent refiners’ operating rates surged in the week ending March 26, mainly because of the unit restart of two refiners.

03-26-2025 18:45:48

China's fuel oil imports plunge in first two months of 2025

Guangzhou (JLC), March 21, 2025--China recorded a year-on-year slump in its fuel oil imports in the first two months of 2025 when demand from independent refiners weakened.

03-21-2025 18:11:28

1% SAF blending to be normal for China’s pilot airports

Beijing (JLC), March 21, 2025—China may normalize 1% sustainable aviation fuel (SAF) blending for all flights taking off from domestic pilot airports.

03-21-2025 17:06:06

Crude stocks at Shandong ports retreat slightly

Guangzhou (JLC), March 20, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated slightly in the week ending March 20, after four consecutive weeks of gains.

03-20-2025 18:57:16

China's crude imports from Russia and Saudi Arabia plunge in Jan-Feb

Guangzhou (JLC), March 20, 2025--China's crude imports from Russia and Saudi Arabia plunged year on year in the first two months of 2025.

03-20-2025 11:38:05

China INE crude price dips on signs of easing Russia-Ukraine crisis

Guangzhou (JLC), March 19, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday on signs of a de-escalation of tensions between Russia and Uk

03-19-2025 19:20:41

Shandong independents’ run rates retreat as maintenance counters restart

Guangzhou (JLC), March 19, 2025--Shandong independent refiners’ operating rates retreated in the week ending March 19, after a crude distillation unit (CDU) came offline for maintenance.

03-19-2025 19:00:03

Independents find lower refining margins

Guangzhou (JLC), March 19, 2025--Shandong-based independents found lower refining margins for imported crude in the week to March 19, dragged down by rising crude costs and falling sales revenue.

03-19-2025 18:48:13

China to cut fuel ceilings on March 20, third time in a row

Guangzhou (JLC), March 19, 2025--China will cut its retail ceilings of gasoline and diesel on March 20, 2025 (Thursday), the third time in a row, as international crude prices have extended losses.

03-19-2025 18:06:35

China INE crude price rallies on rising tensions

Guangzhou (JLC), March 17, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday due to escalating geopolitical tensions in the Red Sea.

03-17-2025 19:16:29

Sinopec records China’s largest single-batch bonded bunker sales

Guangzhou (JLC), March 17, 2025--Sinopec successfully refueled vessel “AGOGO FPSO” with 8,549 mt of bonded bunker fuel at the Luhuashan anchorage in Shanghai on March 12, marking the largest single-b

03-17-2025 18:51:53

Ningbo-Zhoushan Port completes first HS biofuel bunkering in East China

Guangzhou (JLC), March 17, 2025--Bunkering vessel “SI JIE 21” successfully pumped 1,600 mt of bonded high-sulfur B24 biofuel into container ship “COSCO ITALY” in the Ningbo-Zhoushan Port on March 15,

03-17-2025 18:02:43

Shandong Dongming to build refining-chemical project

Guangzhou (JLC), March 14, 2025--Dongming Petrochemical Group plans to build a 15.0 million mt/yr refining-chemical integration project in Shandong province.

03-14-2025 16:41:49

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