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Philippines remains biggest overseas diesel market for China in Jan-Aug

Guangzhou (JLC), September 26, 2024--The Philippines was still China’s largest diesel export market in January-August 2024, taking 29.62% of the latter’s exports, according to the GACC data.

09-26-2024 15:48:27

CNOOC discovers another large oilfield in Bohai Sea

Beijing (JLC), March 19, 2024--CNOOC discovered an oilfield with proven reserves of 104 million (mln) mt in Bohai Sea, namely Qinchuangdao 27-3 oilfield, the company said on March 18.

03-19-2024 16:19:39

China INE crude price retreats on resuming shipping in the Red Sea

Guangzhou (JLC), December 28, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday as some shipping firms are returning to the Red Sea route.

12-28-2023 19:30:50

China INE crude price rise slows on limited impact of Red Sea tensions

Guangzhou (JLC), December 20, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday amid geopolitical tensions near the Red Sea, but t

12-20-2023 17:55:30

China INE crude price rises further on suspended shipments via Red Sea

Guangzhou (JLC), December 19, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday, after more firms suspended shipments through the Re

12-19-2023 18:56:57

China INE crude price inches up on escalating tensions in the Red Sea

Guangzhou (JLC), December 18, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Monday, as increasing attacks on ships in the Red Sea sparked concern

12-18-2023 18:46:23

Overseas investors of crude futures exempted from individual income tax

Guangzhou (JLC), September 6, 2023--Overseas individual investors can now enjoy an exemption from individual income tax on the income obtained from investing in Chinese domestic crude oil futures.

09-06-2023 15:55:13

Passenger cars consume 26% more fuel with AC on: research

Guangzhou (JLC), June 21, 2023 – A passenger vehicle may consume 26~30% more fuel when the air condition system stays on during the summer season.

06-21-2023 16:50:09

JLC releases research report on China’s gas stations for 2022

Guangzhou (JLC), May 4, 2023 – JLC has released on April 23 a research report (PowerPoint version) that sheds light on the development of China’s gas stations for 2022

05-04-2023 19:09:27

Liaohe Petchem provides asphalt for Dalian Bay Undersea Tunnel

Guangzhou (JLC), March 22, 2023--PetroChina Liaohe Petchem had shipped 800 mt of its "Kunlun Huanxiling" asphalt to Dalian up until Mar 16, for the construction of the Dalian Bay Undersea Tunnel.

03-22-2023 17:52:56

China naphtha market dim despite peak demand season

Beijing (JLC), September 27, 2022--China’s naphtha market was sluggish in Sept this year, the peak demand season for China’s oil market, and the price of naphtha even posted a downtrend in the month.

09-27-2022 14:54:00

China’s MTBE exports increase in April on strong overseas demand

06-01-2022 17:30:00

China Seaport International Trading sets new bunkering record

Seaport International Trading Co., Ltd in East China’s Zhejiang province has recently set a new bunkering record regarding fuel injection into a single ship at one time, the company said.

04-21-2022 17:27:49

Sinopec Maoming steps up diesel supply during harvest season

Beijing (JLC), November 16, 2021--China’s oil giant Sinopec says Tuesday its Maoming Petrochemical in southern Guangdong province has stepped up diesel supply since mid-October, as the demand has increased dramatically in South China and East China during harvest season.

11-16-2021 17:45:31

INE crude rises on start of US driving season

Guangzhou (JLC), June 1, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rose moderately on Tuesday, as the start of the US summer driving season buoyed demand outlook.

06-01-2021 18:44:37

Zhejiang Seaport's bonded bunker supply grows 49% in Jan-Apr

Beijing (JLC), May 31, 2021--Zhejiang Seaport International Trading Company’s refueling volume of bonded bunker fuel soared by 49.1% in the first four months this year, according to the company’s official wechat platform.

05-31-2021 14:34:48

China's LSFO contract used as benchmark in overseas trade for first time

Beijing (JLC), April 1, 2021--China’s Shanghai International Energy Exchange (INE) said on March 31 that its listed low sulfur fuel oil (LSFO) futures contract had been used as a price benchmark for the first time in overseas trade.

04-01-2021 17:55:05

China Overseas Energy starts building new gasoline and diesel tanks

Guangzhou (JLC), March 19, 2021--China Overseas Energy in Shandong began the construction of tanks with a total storage capacity of 140,000 cubic meters for gasoline and diesel on March 18, the company announced.

03-19-2021 16:34:41

CNOOC makes another important oil and gas discovery in Bohai Sea

China National Offshore Oil Corporation (CNOOC) has made another important oil and gas discovery in the Bohai Sea, CNOOC announced on February 22.

02-23-2021 17:43:25

INE prepares to try overseas delivery of LSFO futures

The INE prepares to try overseas delivery of LSFO futures, and released draft rules on it for public consultation on Nov 17.

11-19-2020 17:00:20

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