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PetroChina reports a 5.3% drop in its net profits in Q3 2024

Guangzhou (JLC), October 30, 2024--PetroChina’s net profits attributable to its equity shareholders decreased by 5.3% in the third quarter (Q3) of this year, mainly because of a drop in its sales reve

10-30-2024 19:06:13

Sinopec reports 2.6% profit gain for H1 2024

Guangzhou (JLC), August 26, 2024 – Sinopec Corp. (SH:600028, HK:00386) saw a 2.6% gain in profit attributable to its shareholders in the first half (H1) of 2024, although its revenue dropped 1.1%.

08-26-2024 18:57:59

China INE crude price rallies after EIA reports US crude stock draw

Guangzhou (JLC), August 8, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Thursday after the Energy Information Administration (EIA) reported a d

08-08-2024 19:14:26

Sinopec releases its annual report for 2023

Guangzhou (JLC), March 25, 2024 – Sinopec’s revenue and profit attributable to shareholders both dropped year on year in 2023, although its oil and gas production and refinery throughput grew.

03-25-2024 19:09:02

PetroChina, Sinopec and CNOOC release Q3 reports

Guangzhou (JLC), October 31, 2023 – China’s three largest publicly-traded oil giants—PetroChina, Sinopec and CNOOC—all released their third quarterly reports for 2023 in late October.

10-31-2023 18:30:13

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

INE crude extends gains on bullish inventory report

Guangzhou (JLC), May 26, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rose slightly on Wednesday, on reports that the US inventories of crude oil and downstream products dropped across the board.

05-26-2021 19:11:02

INE crude drops after India reports highest new cases

Guangzhou (JLC), April 6, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Tuesday, after India reported its highest number of new COVID-19 cases and resumed partial lockdown.

04-06-2021 19:39:58

INE crude rallies after API reports major crude inventory draw

The price of crude futures on the Shanghai International Energy Exchange (INE) rebounded on Wednesday, due to a surprise crude inventory draw in the US, despite negative impact from virus-related lockdowns.

01-13-2021 19:18:13

INE crude rallies after EIA reports large crude draw

The price of crude futures on the Shanghai International Energy Exchange (INE) climbed on Thursday, with a slump in the US crude inventory and lifting fuels prices in the US East Coast.

08-06-2020 19:44:33

Shandong announces policy on reporting illegal unit construction

Shandong has lately released a notice on establishing a system for people to report illegal unit construction in the oil refining and chemical industry, to stem illegal construction and promote healthy development.

07-13-2020 14:13:38

China's energy output reports stable rise

Beijing (JLC), December 11, 2019--China’s energy output has been largely on a stable rise over the past couple of years, as oil and gas exploration is accelerating.

12-11-2019 09:00:19

PetroChina reports newly-built gas pipeline in Chengdu, Sichuan

Beijing (JLC), July 19, 2019--PetroChina Natural Gas & Pipeline Co. plans to build a new natural gas pipeline in Chengdu city, northwest China Sichuan province, a source from PetroChina said.

07-19-2019 10:38:57

A short report on China PDH projects

In recent years, PDH plants have been hinging on imports of low-priced propane from the Middle East and the U.S. to harvest decent profits. However, investment in previous project construction was high and it is uncertain whether the profits could remain high in such a changeable market.

06-09-2017 15:15:41

Bearish OPEC monthly report weighs on crude futures close

The latest dates of OPEC on March 14th showed the crude oil stock still increased although the OPEC and non-OPEC countries cut production.

03-17-2017 17:57:06

NIOC reports discovery of 15 billion bbl oil reserve

According to Sputnik on February 7th, the National Iranian Oil Company (NIOC) stressed that oil reserve discovered in Iran amounted to 15 billion bbl, including 2 billion bbl of recoverable oil.

02-08-2017 15:00:39

Follow-up report on Sinopec Jinling fire accident

According to JYD, on October 9th, Sinopec Jinling Company reforming unit caught fire and by now this unit is recovering for later operation and another reforming unit is operated normally.

10-13-2016 11:01:21

Chinese consumers show rising interest on self-driving cars: Report

Chinese consumers showed rising interest in self-driving cars despite concerns over safety, a ten-country report showed Monday.

08-03-2016 13:50:22

China Shenhua Energy reports a 90.6% YoY surge in March coal sales

Shenhua Energy reported on April 25th that its commercial coal output reached 24.7 million mt in March 2016, rising by 6.9% YoY, and that its coal sales soared by 90.6% YoY to 48.4 million mt in the same month.

04-28-2016 16:20:50

Coal demand might have peaked, CEP 2030 report said

China’s coal consumption might have already peaked, and is predicted to fall to 3.6 billion mt by 2030, with a proportion of below 50% to the total energy consumption.

03-07-2016 16:41:29

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