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PetroChina Guangdong receives over 20 mln mt of crude in 2024

Guangzhou (JLC), December 23, 2024--As of December 19, PetroChina Guangdong Petrochemical has received about 20.67 million mt of crude oil via its crude terminal in 2024.

12-23-2024 19:22:08

China INE crude price slips further on stronger yuan

Guangzhou (JLC), December 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday on the back of stronger Chinese currency and a rise i

12-23-2024 18:39:05

China’s oil demand to peak around 2027: Sinopec

Guangzhou (JLC), December 23, 2024 – China's oil consumption is expected to peak around 2027, according to Sinopec’s China Energy Outlook 2060 (2025 version).

12-23-2024 18:37:05

China INE crude price retreats on prospect of 2025 oil glut

Guangzhou (JLC), December 20, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday amid expectations of an oversupply in 2025.

12-20-2024 17:51:11

State-owned refinery run rates largely stable

Beijing (JLC), December 20, 2024--Chinese state-owned oil refineries' run rates were largely steady in the week to December 18 (Wednesday), JLC’s data shows.

12-20-2024 14:55:54

Sinopec Qilu Petrochemical begins upgrading its refinery

Guangzhou (JLC), December 20, 2024 – Sinopec Qilu Petrochemical started to construct its upgrade project on December 19, Sinopec announced at a ceremony held in Zibo on Thursday.

12-20-2024 14:52:04

Saudi Arabia regains 2nd place among crude suppliers to China

Guangzhou (JLC), December 20, 2024--Saudi Arabia regained the second place among the crude suppliers to China in November 2024, with its supply to China jumping month on month, according to the GACC.

12-20-2024 14:47:46

China INE crude price rallies on weaker Chinese yuan

Guangzhou (JLC), December 19, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Thursday on the back of weaker Chinese currency.

12-19-2024 19:00:28

Crude stocks at Shandong ports retreat in mid-December

Guangzhou (JLC), December 19, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week to December 19, as outbound delivery outpaced cargo unloading.

12-19-2024 18:40:05

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), December 19, 2024--Shandong-based independents’ refining margins for imported crude retreated this week, due to a rally in crude costs, despite a slight increase in sales revenue.

12-19-2024 14:25:58

China INE crude price dips despite US crude stock draw

Guangzhou (JLC), December 18, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday despite a drawdown in the US crude stocks, as concerns ove

12-18-2024 19:01:09

Shandong independents' run rates drop amid unit shutdown

Guangzhou (JLC), December 18, 2024--Shandong independent refiners' operating rates fell considerably in the week to December 18 due to unit shutdown.

12-18-2024 18:13:18

China INE crude price range-bound ahead of Fed meeting

Guangzhou (JLC), December 17, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) moved sideways on Tuesday amid wait-and-see sentiment ahead of a Fed meeting.

12-17-2024 19:02:42

Sinopec and PetroChina to tally drops in 2024 crude runs

Guangzhou (JLC), December 17, 2024--Both Sinopec and PetroChina are expected to tally a drop in their crude throughput in 2024, as demand for some products, particularly diesel, has dropped.

12-17-2024 18:31:59

Cangzhou Port Group starts building 300,000-dwt crude terminal

Guangzhou (JLC), December 17, 2024--Cangzhou Port Development Group kicked off the construction of a 300,000-dwt crude oil terminal project at Huanghua Port in Hebei Province on December 15.

12-17-2024 17:59:10

China INE crude price climbs further on positive data from China

Guangzhou (JLC), December 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday on the back of positive data released by China’s Nati

12-16-2024 19:12:19

Sinopec to have more refinery maintenance in 2025

Guangzhou (JLC), December 16, 2024--Sinopec has scheduled more refinery turnarounds for 2025, while PetroChina will have less maintenance, according to their preliminary plans.

12-16-2024 18:16:12

China's crude runs rebound 1.55% on month in November

Guangzhou (JLC), December 16, 2024--China's crude oil throughput rebounded by 1.55% on a month-on-month comparison in November, according to data from the National Bureau of Statistics (NBS).

12-16-2024 11:33:15

China INE crude price rises further on weaker yuan

Guangzhou (JLC), December 13, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Friday on the back of weaker Chinese yuan and rising geopolitic

12-13-2024 19:08:59

Daxie Petrochemical to commission expansion project by year-end

Guangzhou (JLC), December 13, 2024--CNOOC Ningbo Daxie Petrochemical is preparing to commission its upgrading and expansion project by the end of this year, following the completion and handover of a

12-13-2024 18:41:45

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