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CNOOC starts production at mega metamorphic rock oilfield

Guangzhou (JLC), February 8, 2025--State-owned China National Offshore Oil Corporation (CNOOC) on Friday commenced production at the first phase of the Bozhong 26-6 oilfield, by far the largest metamo

02-08-2025 16:25:04

State-run refineries keep stable production during Spring Festival holiday

Guangzhou (JLC), February 6, 2025--Chinese state-owned refineries maintained stable production during the public holiday for the Spring Festival (January 28-February 4), according to their official We

02-06-2025 16:01:46

China’s oil product exports plunge in Dec after VAT rebate cuts

Guangzhou (JLC), January 13, 2025--Chinese oil companies’ oil product exports plummeted in December 2024, which could be ascribed to rising costs following value-added tax (VAT) rebate cuts as from De

01-13-2025 16:10:03

China INE crude price drop slows on US crude & product stock draws

Guangzhou (JLC), October 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Wednesday on the back of easing Middle East supply risks, but the

10-30-2024 19:13:51

China INE crude price edges up on US crude and product stock draws

Guangzhou (JLC), September 26, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased slightly on Thursday due to drawdowns in the US crude and product stoc

09-26-2024 18:56:11

China INE crude price rallies after Libya’s oil production plunges

Guangzhou (JLC), August 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday due to a plunge in Libya’s oil production and an upgrade in the

08-30-2024 18:29:08

China INE crude price falls again on US crude & product stock builds

Guangzhou (JLC), August 7, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to drop on Wednesday after industry data showed a build in the US crude an

08-07-2024 19:18:12

China INE crude edges up on US crude & product stock draws, Alberta wildfires

Guangzhou (JLC), July 25, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rallied slightly on Thursday due to drawdowns in the US crude and product stocks and

07-25-2024 19:37:14

Shandong independents' run rates rally as some refiners resume production

Guangzhou (JLC), July 17, 2024--Shandong independent refiners’ operating rates rebounded in the week to July 17 as some refiners in Heze and Rizhao gradually ramped up their production after restartin

07-17-2024 18:32:31

China INE crude price mounts on US crude & product stock draws

Guangzhou (JLC), June 21, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Friday, on the back of drawdowns in the US crude and product inv

06-21-2024 18:50:32

China INE crude slips again on US crude and product stock builds

Guangzhou (JLC), June 5, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Wednesday as reports of builds in the US crude and product stockpil

06-05-2024 17:25:07

China INE crude edges down on building US crude & product stocks

Guangzhou (JLC), May 8, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated slightly on Wednesday after data showed a build in the US crude and product s

05-08-2024 18:46:43

Sinopec boosts crude throughput and oil product output in Q1

Guangzhou (JLC), April 29, 2024 – Sinopec, China’s largest refiner, continued to boost its crude throughput and oil product output in the first quarter (Q1) of 2024.

04-29-2024 18:30:13

China INE crude price rises on US crude & product stock draws

Guangzhou (JLC), March 13, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday after reports of drawdowns in the US crude and produc

03-13-2024 18:46:11

CNOOC unveils 2024 production target

Guangzhou (JLC), January 26, 2024 – CNOOC set its 2024 net production target at 700–720 million barrels of oil equivalent (boe), according to its 2024 Business Strategy and Development Plan.

01-26-2024 18:31:08

China INE crude price dips on US crude & product stock builds

Guangzhou (JLC), January 18, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated Thursday due to crude and product inventory builds in the United States.

01-18-2024 18:45:51

Growth of domestic coal, oil and gas production accelerates in November

Guangzhou (JLC), December 15, 2023 – Domestic production of coal, oil, natural gas and power generation all saw faster year-on-year growth in November.

12-15-2023 18:37:38

China INE crude price edges down on US crude and product stock builds

Guangzhou (JLC), December 6, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched lower on Wednesday due to crude and product inventory builds in the United

12-06-2023 19:00:19

China INE crude price rallies ahead of OPEC+ production decision

Guangzhou (JLC), November 24, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) picked up on Friday.

11-24-2023 18:58:51

Daqing Oilfield sees growth in oil and gas production in Jan-Sept

Guangzhou (JLC), October 24, 2023 – Daqing Oilfield saw growth in both oil and gas production in the first three quarters of 2023, beating expectations, the National Energy Administration (NEA) said.

10-24-2023 18:54:07

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