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Sinopec raises Shengli crude price for December

Guangzhou (JLC), December 26, 2024--Sinopec marked up its Shengli crude price slightly for December 2024, following modest rises in international crude prices, according to refiner sources in Shandong

12-26-2024 17:36:35

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

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

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

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

Sinopec begins building commercial oil reserve project in Dongying

Guangzhou (JLC), December 2, 2024 – Sinopec Shengli Oilfield Company on November 29 began the construction of a large-scale commercial oil reserve facility in Dongying.

12-02-2024 18:45:05

Sinopec cuts Shengli crude price for November

Guangzhou (JLC), November 26, 2024--Sinopec marked down its Shengli crude price for November 2024, following drops in international crude prices, according to refiner sources in Shandong.

11-26-2024 19:06:01

Sinopec plans to start test runs at ZRCC Phase II by year-end

Guangzhou (JLC), November 25, 2024--Sinopec’s Zhenhai Refining and Chemical Company (ZRCC) will likely begin trial operation at its phase-II expansion project by the end of this year.

11-25-2024 18:25:20

Sinopec and Aramco start building Gulei phase-II complex in Fujian

Guangzhou (JLC), November 19, 2024 – Sinopec, Aramco, and Fujian Petrochemical Company Limited (FPCL) began to construct the Gulei Phase-II Integrated Refining and Petrochemical Project.

11-19-2024 17:58:14

Sinopec Maoming puts new crude pipeline into operation

Guangzhou (JLC), November 7, 2024--Sinopec Maoming Petrochemical started to transport oil through the crude oil pipeline of the Bohe New Port to Maoming Oil Pipeline Project on October 31, marking the

11-07-2024 16:25:44

Sinopec to cut its crude runs in Q4 2024

Guangzhou (JLC), October 29, 2024--Sinopec will cut its crude runs in the last quarter (Q4) of 2024, judged from its plan for the second half of 2024 and its throughput in Q3.

10-29-2024 18:54:57

Sinopec’s net profit plunges 16.6% in first three quarters

Guangzhou (JLC), October 29, 2024--Sinopec’s net profit plummeted by 16.6% year on year in the first three quarters of 2024, reversing a 2.6% gain in the first half, mainly due to shrinking refining m

10-29-2024 15:42:21

State-owned refinery run rates drop on Sinopec maintenance

Beijing (JLC), October 11, 2024--Chinese state-owned oil refineries' run rates fell in the week to October 9, 2024 (Wednesday) due to more maintenance, JLC’s data shows.

10-11-2024 15:41:40

Sinopec Qilu to build 10 mln mt/yr CDU, dismantle two small ones

Guangzhou (JLC), September 9, 2024--Sinopec Qilu Petrochemical plans to construct a 10.0 million mt/yr (200,000 bbl/day) crude distillation unit (CDU) and dismantle a 2.5 million mt/yr CDU (idled from

09-09-2024 16:27:47

Sinopec revises down its crude throughput plan for 2024

Guangzhou (JLC), August 27, 2024--Sinopec has revised down its crude throughput plan for 2024, which can be ascribed to relatively weak demand for diesel.

08-27-2024 15:43:06

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

Sinopec and PetroChina likely to see divergent crude throughput in H2 2024

Guangzhou (JLC), August 7, 2024--Sinopec is expected raise its crude throughput by 1.78% in the second half (H2) of 2024, while PetroChina is likely to cut its throughput.

08-07-2024 16:02:20

Sinopec Group rises to second in 2024 Fortune China 500

Guangzhou (JLC), July 31, 2024 –Sinopec Group rose to 2nd for the fiscal year ending March 31, 2024, up from third in the previous fiscal year, according to Fortune Magazine's 2024 China 500.

07-31-2024 16:10:26

Sinopec raises Shengli crude price for July

Guangzhou (JLC), July 26, 2024--Sinopec marked up its Shengli crude price for July 2024, following rises in international crude prices, according to refiner sources in Shandong.

07-26-2024 18:21:26

Sinopec’s H1 crude throughput stable on year

Guangzhou (JLC), July 23, 2024--Sinopec refined about 126.69 million mt of crude oil in the first half (H1) of this year, roughly stable from a year before, according to the indicative announcement of

07-23-2024 14:57:23

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