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HAPCO completes first trial operations at its crude terminal

Guangzhou (JLC), August 12, 2026--On August 10, HAPCO completed the first trial operations, including vessel berthing and simulated oil unloading, at its 300,000-dwt crude oil terminal.

08-12-2026 17:34:27

China INE crude surges as hopes of Hormuz reopening dwindle

Guangzhou (JLC), August 11, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Tuesday amid diminishing prospects of a US-Iran deal to reopen th

08-11-2026 18:52:16

Yanchang Petroleum feeds oil into Yan’an crude oil tank farm

Guangzhou (JLC), August 11, 2026--Yanchang Petroleum transported the first batch of crude oil via a long-distance pipeline to the 150,000-cubic-metre No. 2 tank at the Yan’an crude oil tank farm on Au

08-11-2026 15:57:06

China’s crude imports rebound from nearly decade low

Guangzhou (JLC), August 7, 2026--China's crude oil imports rebounded month on month in July 2026 after hitting a nearly decade low in June, according to data released by the General Administration of

08-07-2026 19:29:46

China INE crude price rallies amid growing geopolitical tensions

Guangzhou (JLC), August 7, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday amid escalating tensions in the Middle East.

08-07-2026 18:48:48

China INE crude price slips amid progress in Iran-Oman talks

Guangzhou (JLC), August 6, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Thursday due to a potential agreement between Iran and Oman regardi

08-06-2026 19:12:14

Independents' refining margins for imported crude turn positive

Guangzhou (JLC), August 6, 2026--Shandong-based independent refiners' refining margins for imported crude turned positive in early August, as crude costs dropped rapidly and sales revenue increased.

08-06-2026 16:05:40

Caofeidian crude storage project to be completed by end of August

Guangzhou (JLC), August 5, 2026--The Caofeidian crude oil storage and transportation project is expected to see mechanical completion by August 30, according to CNCEC No. 14.

08-05-2026 18:08:04

State-owned refinery run rate continues to climb in July

Beijing (JLC), August 5, 2026—Chinese state-owned refineries ran at 73.31% of their crude distillation unit (CDU) capacity on average in July 2026.

08-05-2026 16:02:31

China INE crude price drops amid easing supply concerns

Guangzhou (JLC), August 4, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Tuesday amid hopes of a resumption of shipping through the Strait of Hormuz.

08-04-2026 19:01:26

China INE crude price edges down amid expected US-Iran talks

Guangzhou (JLC), August 3, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched lower amid expectations of negotiations between the United States and Iran.

08-03-2026 19:05:38

China INE crude soars after Trump says US will hit Iran in retaliation

Guangzhou (JLC), July 30, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded sharply on Thursday after US President Donald Trump said the United States

07-30-2026 18:38:06

Crude stocks at Shandong ports slip to over 45-month low

Guangzhou (JLC), July 30, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports fell further in the week ending July 30, hitting a new low in more than 45 months.

07-30-2026 18:37:11

Independents' refining margins for imported crude weaken

Guangzhou (JLC), July 30, 2026--Shandong-based independent refiners' refining margins for imported crude weakened in late July, as crude costs rose more significantly than sales revenue.

07-30-2026 15:55:54

New crude tanks for SDIC Yangpu T1 tank farm topped out

Guangzhou (JLC), July 29, 2026--SDIC Oil & Gas Terminal Yangpu Co., Ltd. recently topped out four 100,000-cbm crude storage tanks as part of the expansion project of the SDIC Yangpu T1 tank farm.

07-29-2026 17:05:34

Daqing Refining & Chemical runs refinery at 96.27% of capacity in H1

Guangzhou (JLC), July 28, 2026--PetroChina Daqing Refining & Chemical ran its refinery at 96.27% of capacity in the first half (H1) of 2026, according to its crude runs in the period.

07-28-2026 17:55:35

China INE crude price retreats after US, Iran halt mutual attacks

Guangzhou (JLC), July 27, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday after the United States and Iran suspended strikes against each o

07-27-2026 18:39:29

PetroChina Sichuan’s crude runs top 100 mln mt

Guangzhou (JLC), July 27, 2026--PetroChina Sichuan Petrochemical’s cumulative crude oil throughput has exceeded 100 million mt as of July 23, 2026, PetroChina announced on its official news website on

07-27-2026 16:40:20

Crude stocks at Shandong ports hit over 17-month low

Guangzhou (JLC), July 23, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports fell further in the week ending July 23, hitting a new low in more than 17 months.

07-23-2026 19:07:14

China imports crude from fewer sources in H1

Guangzhou (JLC), July 23, 2026--China imported crude from only 35 countries and regions in the first half (H1) of this year, down from 45 in the same period of time in 2025, according to the data from

07-23-2026 18:56:47

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