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PetroChina Lanzhou runs its refinery at 70% of capacity in Q1

Guangzhou (JLC), April 9, 2025--PetroChina Lanzhou Petrochemical in Gansu province operated its refinery at 70.2% of capacity in the first quarter (Q1) of 2025, calculation shows, based on data releas

04-09-2025 16:02:38

Shandong independents’ run rates slip in early April

Guangzhou (JLC), April 2, 2025--Shandong independent refiners’ operating rates slipped in early April, as some refiners’ throughput cuts counteracted other refiners’ boosts.

04-02-2025 18:43:28

State-owned refineries’ operating rate to drop on maintenance in April

Guangzhou (JLC), April 1, 2025--State-owned refineries' operating rate is expected to drop further in April, because of more refinery maintenance.

04-01-2025 18:50:36

China INE crude price leaps on supply concerns in early Oct

Guangzhou (JLC), October 8, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped in early October due to supply concerns amid intensifying tensions in the Mi

10-08-2024 19:09:45

China’s naphtha output up 8.4% in H1 2024

Guangzhou (JLC), July 18, 2024--China’s naphtha production rose by 8.4% year on year in the first half (H1) of 2024, as domestic naphtha demand grew after more ethylene units came on stream.

07-18-2024 15:00:43

Russia remains firm as biggest crude supplier to China in April

Guangzhou (JLC), May 20, 2024--Russia remained firm on top of the crude suppliers to China in April 2024, though its shipment to China declined, according to data from the GACC.

05-20-2024 11:35:29

China's April crude throughput retreats amid peak refinery maintenance

Guangzhou (JLC), May 17, 2024 – China's crude throughput retreated in April 2024 when domestic refinery maintenance peaked and supply was abundant.

05-17-2024 14:13:13

Shandong independents decelerate feedstock unloading in April

Guangzhou (JLC), May 10, 2024--Shandong-based independents slowed down their feedstock unloading in April, as their consumption decreased amid a peak of unit maintenance.

05-10-2024 19:02:31

China’s April crude imports drop 5.8% on month

Guangzhou (JLC), May 9, 2024--China imported about 44.72 million mt of crude oil in April 2024, with the daily imports at roughly 10.88 million barrels, down 5.79% month on month, calculation shows, b

05-09-2024 14:59:38

Sinopec raises Shengli crude price for April

Guangzhou (JLC), April 28, 2024--Sinopec marked up its Shengli crude price for April 2024, following rises in international crude prices, according to refiner sources in Shandong.

04-28-2024 14:33:53

Chinese SOEs to cut April crude runs on more refinery maintenance

Guangzhou (JLC), April 23, 2024--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in April, because of refinery maintenance, according to sources from them.

04-23-2024 15:37:30

Crude stocks at Shandong ports continue to rise in mid-April

Guangzhou (JLC), April 18, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to rise in the middle of April, because of more cargo unloading despite faster consumpti

04-18-2024 19:00:17

China to raise fuel ceilings again on April 17

Guangzhou (JLC), April 16, 2024--China will raise its retail ceilings of gasoline and diesel on April 17, 2024 (Wednesday), after a price hike in early April, as international crude prices continued t

04-16-2024 15:25:02

Crude stocks at Shandong ports extend drops in early April

Guangzhou (JLC), April 7, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended drops at the beginning of April when consumption rallied modestly.

04-07-2024 18:29:20

Another major state-run refinery set to join maintenance in April

Guangzhou (JLC), March 26, 2024 – Another high-profile state-run refinery is set to undergo an overhaul in April, joining three other refineries that planned to start maintenance in the same month.

03-26-2024 18:24:20

Sinopec Hainan Refining & Chemical runs at full capacity in 2023

Guangzhou (JLC), January 10, 2024--Sinopec Hainan Refining and Chemical ran its refinery at full capacity in 2023 and was shifting more focus on chemical production for better profit margins.

01-10-2024 18:43:30

State-owned refineries run at 81.02% of capacity

Beijing (JLC), January 24, 2024--Chinese state-owned oil refineries ran at 81.02% of their crude distillation unit (CDU) in the week to January 3 (Wednesday), JLC's data indicates.

01-04-2024 18:14:32

Shandong independents run at 61.7% of capacity at beginning of January

Guangzhou (JLC), January 4, 2024--Shandong independent refiners ran at 61.7% of their crude distillation unit (CDU) capacity in the week ending January 3, 2024 (Wednesday), JLC’s data shows.

01-04-2024 16:58:37

China INE crude price down on disappointing US nonfarm data

Guangzhou (JLC), November 6, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched down on Monday after the US nonfarm data fell short of market expectations.

11-06-2023 19:15:47

Refining capacity set to reach the brink of guidelines’ ceiling in 2024-2025

Guangzhou (JLC), October 30, 2023 – China is set to move closer to the refining capacity ceiling set by the government, as a total of 740,000 barrels per day of new capacity will come online by 2025.

10-30-2023 19:03:55

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