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Power rationing in Sichuan impacts local diesel demand

Guangzhou (JLC), August 26, 2022--The power rationing in Sichuan and Chongqing in southwest China has hit the industry and made some impact on local diesel demand, according to market sources.

08-26-2022 14:26:22

Indonesian coal ban little impacts China's fuel demand from power sector

Guangzhou (JLC), January 5, 2022-- Indonesia's coal export halt has made little impact on China's fuel demand from power generation as China has prepared sufficient coal for this heating season and Indonesian coal accounts for a small share among China's consumption.

01-05-2022 16:51:46

Shanghai, Guangzhou get power to license local bonded bunkering

Guangzhou (JLC), December 1, 2021--China has delegated the power to Shanghai and Guangzhou to license local bonded bunkering as the country keeps opening up its bonded bunkering market, according to a recent circular released by the State Council.

12-01-2021 17:22:35

China raises power prices, takes measures to boost coal supply

Guangzhou (JLC), October 11, 2021-China has relented on its cap on electricity prices and announced a series of measures to increase coal supply, in a bid to ensure sufficient power supply.

10-11-2021 11:45:34

NDRC makes latest response to power rationing

Beijing (JLC), September 30, 2021--The power rationing in some areas of China has aroused Chinese society’s worries about the energy supply in winter. Regarding these, China’s National Development and Reform Commission (NDRC) made the latest response.

09-30-2021 18:09:09

China bunker fuel cost gains amid power rationing

Beijing (JLC), September 30, 2021--China’s ongoing power rationing is likely to cause a rise in the cost of bunker fuel for ships plying domestic routes, as the supply of coal-based blending feedstock is set to tighten.

09-30-2021 14:31:44

Shandong independents’ run rates slip on power rationing

Guangzhou (JLC), September 29, 2021--Shandong-based independent refiners’ operating rates dropped further this week, mostly because of power rationing.

09-29-2021 18:42:23

China’s power rationing may weaken asphalt demand

Beijing (JLC), September 27, 2021--Little impact of China’s power rationing has been seen on the asphalt market, but in a longer term, asphalt supply may increasingly outpace demand as the downstream manufacturing industry has felt the impact most directly.

09-27-2021 17:22:36

China’s power rationing impacts oil product supply modestly

Guangzhou (JLC), September 27, 2021--China’s broadening power rationing has made a modest impact on domestic oil product supply, as it has affected some independent refiners’ production, mostly in Shandong and Jiangsu.

09-27-2021 14:03:12

China implements toughest power rationing in years

Guangzhou (JLC), September 26, 2021--China is implementing the toughest power rationing in years, because of power shortage and the country’s “dual control” policy.

09-26-2021 18:14:41

Shandong independents cut runs under power rationing

Beijing (JLC), September 26, 2021--Independent refiners in East China’s Shandong have cut their crude runs recently under power restrictions and environmental protection checks.

09-26-2021 16:44:15

INE crude rallies slightly on rosy power usage data

Guangzhou (JLC), August 13, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) edged up Friday on reports of an upsurge in China’s power consumption amid economic recovery.

08-13-2021 19:11:18

China's power generation rises 1.9% in July

China's major power plants generated 680.1 billion kilowatt-hours of power in July, up 1.9% year on year, according to data from the National Bureau of Statistics (NBS).

08-18-2020 18:42:12

Sinopec Maoming produces X-power 98-Ron gasoline

Beijing (JLC), March 31, 2020--Sinopec Maoming Petrochemical successfully produced X-power 98-Ron gasoline for the first time on March 28, Sinopec said on its news website.

03-31-2020 17:40:05

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 to delegate power to license retailing of refined oil

Guangzhou (JLC), August 6, 2019--China will delegate the power to municipal-level governments to license the retailing of refined oil, as part of its efforts to deepen market reforms, according to a regular meeting held by the State Council on July 31.

08-05-2019 16:36:45

Power plants increased daily coal consumption, but procurement slowed down

Coal supply and demand stabilized in producing regions. Coal mines’ sales in Erdos kept at above 1.2 million mt; coal supply in Shaanxi continued growing. As of July 6th, Shaanxi 199 mines were in production with output averaging 1.3444 million mt/d, gaining 4,500 mt/d on the week.

07-14-2017 17:56:07

Coal may be the biggest power source in Southeast Asia by 2030

With the increasing coal demand, it will surpass natural gas as the biggest power source in Southeast Asia by 2030.

05-24-2017 14:33:08

Why did daily coal consumption of power plants grow in slack season?

In the slack season of coal consumption in April and May, 2016, affected by the dropping civil electricity load and the flagging industrial power, daily coal consumption of power plants fell sharply, while it did not see a sharp decline in April, 2017 from that in February and March.

04-26-2017 10:13:09

Six power plants’ steam coal inventory rallies to 10.40 million mt

On April 19th, steal coal inventory of six major power plants reached 10.40 million mt, gaining 1.189 million mt or 12.9% from 9.211 million mt on April 11th. As for April 19th, daily coal consumption of six major power plants kept at 656,000 mt and coal inventory can run 16 days.

04-20-2017 10:51:35

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