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State-owned oil giants to cut April crude runs on refinery maintenance

Guangzhou (JLC), April 4, 2023--State-owned oil giants are expected to lower their crude runs in April 2023, because of more unit maintenance, and their oil product output will drop to some degree.

04-04-2023 16:22:43

Oil giants record better gasoline and diesel sales in June

Guangzhou (JLC), July 13, 2022--Chinese oil giants PetroChina and Sinopec found better gasoline and diesel sales in June, when demand continued recovering amid easing virus-led restrictions.

07-13-2022 14:54:13

Oil giants find better gasoline and diesel sales in May

Guangzhou (JLC), June 15, 2022--PetroChina and Sinopec found better gasoline and diesel sales in May, when demand was recovering amid easing virus-led restrictions.

06-15-2022 15:21:15

Chinese oil giants to cut gasoline and diesel exports in January

Guangzhou (JLC), January 12, 2022--Chinese oil giants plan to cut their gasoline and diesel exports in January, particularly diesel exports, according to sources from them.

01-12-2022 17:17:11

Chinese oil giants to boost oil product exports in December

Guangzhou (JLC), November 29, 2021--Chinese oil giants plan to boost their gasoline and diesel exports in December 2021, as the country has reallocated export quotas and permitted more exports by means of general trade.

11-29-2021 16:41:22

Chinese oil giants running short of oil product exports quotas

Guangzhou (JLC), October 14, 2021--Chinese oil giants are running short of quotas on oil product exports, rarely seen in the past few years, as the government has tightened quotas amid stepped up efforts to restructure the industry and cut emission.

10-14-2021 17:57:36

China oil giants raise ex-refinery jet fuel prices for November

Chinese state-controlled Sinopec and PetroChina lifted their ex-refinery jet fuel prices modestly for November, according to sources from the companies.

11-05-2020 18:48:39

Oil giants work on PV power development

Beijing (JLC), March 31, 2020--The president of PetroChina said at the results releasing call conference held recently that the corporation will expand the scale of photovoltaic (PV) power generation in 2020

03-31-2020 15:19:38

China oil giants urge to export oil products facing oversupply

China National Petroleum Corporation had exported the first batched of gasoline to Canada on June 20, 2018.

07-03-2018 14:28:45

Alkylation capacity expansion in 2018 of oil giants

In response to China refined oil quality upgrading strategy, PetroChina and Sinopec, the major refineries, will aggressively deploy the alkylation units in 2018.

03-21-2018 11:02:18

China oil giants plan to increase expenditures with steady output in April

Along with China oil giants' plan on expenditure increase, the domestic crude output ended its decline. As the world second largest crude oil consumption country, China crude oil daily output in April was 3.91 million barrels, unchanged with March.

05-25-2017 16:42:38

China oil product exports gain further in Q1, four oil giants lax in completing quotas

China oil product exports kept buoyant in the first quarter of 2017, with export volume of gasoline and diesel surging by 30% YoY and 50% YoY respectively. Four state-run oil giants remained dominant in the product export market, but their completion of quotas was lackluster.

05-19-2017 16:11:00

Western oil giants to benefit from Russian energy sanction lifts

According to Russia media on March 10th in Huston, Richard Matzke, the Lukoil and PetroChina executive, cited in Sputnik’s interview that western oil giants gained most benefits from lifting Russian energy sanctions.

03-15-2017 16:53:33

China oil giants crude processing load fell in December amid overhauls

China oil giants crude processing load fell down in December amid overhuals

12-21-2016 16:45:02

China oil giants’ jet fuel EXW price would slide in August

According to JYD, during June 25-July 24th, the jet fuel average price in Singapore settled at $55.85/bbl, down by $2.62/bbl and the tax-paid price of jet fuel CIF was CNY3,618/mt

07-26-2016 09:39:02

China taps coal giants as asset managers to guide supply cuts

China set up an asset-management company to reduce coal overcapacity at a time when the country is seeking to encourage consumption of cleaner fuels.

07-25-2016 17:18:17

China oilfield giants suffer great losses despite crude bulls

05-19-2016 10:36:40

China coal giants run over 100% CTO capacity in H1

China’s coal giants Shenhua Group and China Coal Energy Co., Ltd. operated their coal-to-olefin projects at over 100% capacity in the first half of the year, despite falling oil prices, showed the half-year reports released late August.

08-27-2015 15:21:39

China coal giants raise coal prices for June as expected

Market confidence was strengthening gradually with deepening implementation of stabilizing policies, and demand for coal rallied in May. Meanwhile, coal inventories at coal producers and ports both fell to different extents, as earlier coal price plunges helped expand sales.

06-02-2015 14:18:38

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