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Sinopec’s net profit tumbles by 39.8% in H1 2025

Guangzhou (JLC), August 22, 2025--Sinopec recorded a plunge of 39.8% in its net profit for the first half (H1) of this year, according to its semi-annual report for 2025.

08-22-2025 18:48:24

Sinopec to cut its annual crude runs in 2025

Guangzhou (JLC), August 22, 2025--Sinopec will cut its refinery crude runs in 2025, in contrast to its previous plan for an increase of about 2.70 million mt.

08-22-2025 16:57:06

Sinopec likely to hike crude runs in H2 2025

Guangzhou (JLC), August 11, 2025--Sinopec is likely to hike its refinery crude runs in the second half of 2025 (H2 2025), judged from the company's crude runs in H1 and its plan for the whole year.

08-11-2025 19:10:23

Daqing Refining & Chemical's crude runs top 2.8 mln mt in H1 2025

Guangzhou (JLC), July 9, 2025--PetroChina Daqing Refining & Chemical in Heilongjiang processed a total of 2.835 million mt of crude oil in the first half (H1) of this year, the company said on its off

07-09-2025 17:04:27

Independents' refining margins for imported crude widen in H1 2025

Guangzhou (JLC), July 7, 2025--Shandong-based independents' refining margins for imported crude improved in the first half (H1) of 2025, due to a relatively large decrease in feedstock costs.

07-07-2025 15:42:27

China cuts crude imports from Russia in Jan-Apr 2025

Guangzhou (JLC), May 20, 2025--China reduced its crude imports from Russia in the first four months of 2025, which could be ascribed to higher premiums amid tightening supply.

05-20-2025 14:23:34

Yanchang to complete construction of new crude oil tanks by Sept 2025

Guangzhou (JLC), May 15, 2025--Shaanxi Yanchang Petroleum plans to have the construction of its 1.0-million-cubic-meter (cbm) crude oil tank farm completed by September 2025.

05-15-2025 18:03:32

China’s crude output hits new high in March 2025

Guangzhou (JLC), April 22, 2025--China's crude output hit a new high of 19.03 million mt in March 2025, a boost of 3.5% from the same month in 2024, according to data from the NBS.

04-22-2025 11:42:50

China's crude imports from Canada surge in Jan-Mar 2025

Guangzhou (JLC), April 21, 2025--China's crude imports from Canada surged year on year in the first three months of 2025, according to the data released by the GACC.

04-21-2025 16:20:46

Bohai Oilfield’s oil and gas output hits all-time high in Q1 2025

Guangzhou (JLC), April 15, 2025--CNOOC’s Bohai Oilfield produced over 10 million mt of oil and gas in the first quarter (Q1) of this year, the highest level in about sixty years of the oilfield’s deve

04-15-2025 17:28:06

PetroChina’s net profit sets new high in 2024

Guangzhou (JLC), March 31, 2025--PetroChina’s net profit attributable to its equity shareholders set a new high in 2024, mainly because of lower costs, despite slightly lower sales revenue.

03-31-2025 18:27:04

PetroChina to cut its crude runs in 2025

Guangzhou (JLC), March 31, 2025--PetroChina plans to cut its crude runs in 2025 when the company continues to push forward with its transition and upgrade in the refining sector.

03-31-2025 14:19:47

CNOOC's net profit surges 11.4% in 2024

Guangzhou (JLC), March 27, 2025--CNOOC’s net profit surged by 11.4% year on year in 2024 on the back of production growth and cost reduction, according to the company’s annual report released on March

03-27-2025 19:11:07

China’s crude runs up 2.1% in Jan-Feb 2025

Guangzhou (JLC), March 17, 2025--China’s crude oil throughput rose by 2.1% year on year in January-February 2025, according to data from the National Bureau of Statistics (NBS).

03-17-2025 15:00:49

Crude imports at Quanzhou Port up 31.5% in first 50 days of 2025

Guangzhou (JLC), February 20, 2025--Quanzhou Port in Fujian Province received a total of around 3.33 million mt of crude oil in the first 50 days of 2025, an upsurge of 31.5% from the same period of t

02-20-2025 15:29:32

Sinopec cuts its refinery crude runs in 2024

Guangzhou (JLC), February 11, 2025--Sinopec processed 252.30 million mt of crude oil in 2024, down 2.03% from 2023, according to the company’s unaudited operational statistics for 2024.

02-11-2025 18:25:34

Guangdong records rise of 7.09% in its crude runs in 2024

Guangzhou (JLC), January 22, 2025--Guangdong province recorded a rise of 7.09% in its daily crude runs in 2024, in contrast to drops in most regions, according to data from the NBS.

01-22-2025 16:21:15

China's crude imports from Malaysia surge 28.4% in 2024

Guangzhou (JLC), January 20, 2025--China’s crude imports from Malaysia surged by 28.4% in 2024, in stark contrast to a decline of 1.87% in the former’s total crude imports in the year.

01-20-2025 17:26:31

China's crude runs drop 1.6% in 2024

Guangzhou (JLC), January 17, 2025--Chinese oil refiners’ crude runs fell by 1.6% to 708.43 million mt in 2024, after surging to a new high in 2023, according to data from the NBS.

01-17-2025 12:42:20

Sinopec Hunan's operating rate hits 87.86% in 2024

Guangzhou (JLC), January 16, 2025--Sinopec Hunan Petrochemical operated its refinery at 87.86% of capacity in 2024, calculation shows.

01-16-2025 17:42:22

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