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China’s bonded bunker exports decrease in August

Guangzhou (JLC), September 23, 2024--China’s bonded bunker fuel exports decreased in August, due to lower domestic production and ship congestion at Zhoushan Port.

09-23-2024 18:45:03

Chinese refiners slash LSFO output in August

Guangzhou (JLC), September 14, 2024--Chinese refiners slashed their LSFO output in August, because of tighter export quotas.

09-14-2024 15:23:17

China’s apparent fuel oil consumption increases in July

Guangzhou (JLC), August 21, 2024--China’s apparent consumption of fuel oil increased in July, as refiners raised their imports amid lower production and cut their exports amid tightening quotas.

08-21-2024 17:02:23

CNOOC delivers large oil-gas platform to Marjan

Guangzhou (JLC), August 12, 2024--Offshore Oil Engineering Co., Ltd., a company controlled by CNOOC, delivered one of the world’s largest oil-gas gathering and transferring platforms to Marjan in Qin

08-12-2024 19:01:00

China’s bonded bunker fuel exports increase in April, but sales decline

Guangzhou (JLC), May 22, 2024--China’s bonded bunker fuel exports continued to increase in April, but the actual sales decreased as bunkering demand was relatively weak and domestic refiners cut low-

05-22-2024 17:05:46

China’s LSFO output leaps in January amid fresh quotas

Guangzhou (JLC), February 19, 2024--Chinese refiners boosted their low-sulfur fuel oil (LSFO) production in January, encouraged by the release of new export quotas.

02-19-2024 19:06:05

China releases 1st-batch 2024 quotas on LSFO exports

Guangzhou (JLC), December 29, 2023--China has released the first batch of 2024 quotas on the exports of low-sulfur fuel oil, setting the quotas at 8.0 million mt.

12-29-2023 16:00:01

China raises fuel oil import quotas for 2024

Guangzhou (JLC), December 26, 2023--China has increased its quotas on non-state fuel oil imports for 2024, due to recovering demand.

12-26-2023 21:06:35

China slashes its bonded bunker fuel imports in Jan-Oct

Guangzhou (JLC), November 28, 2023--China slashed its bonded bunker fuel imports in the first ten months of this year, due to multiple factors.

11-28-2023 17:08:43

Chinese refiners slash their LSFO output in October

Guangzhou (JLC), November 15, 2023--Chinese refiners slashed their low-sulfur fuel oil (LSFO) output in October, because of bad margins, a lack of export quotas and more refinery maintenance.

11-15-2023 16:12:05

China to release 3rd batch of LSFO export quotas soon

Guangzhou (JLC), August 11, 2023 – China is likely to release the 3rd batch of export quotas for low-sulfur fuel oil (LSFO) in the coming days, with about 5 million mt expected in this round.

08-11-2023 18:19:40

China slashes its bonded bunker fuel imports in H1 2023

Guangzhou (JLC), July 25, 2023--China slashed its bonded bunker fuel imports in the first six months of 2023, largely due to lofty import costs.

07-25-2023 18:49:25

China sees lower utilization of LSFO export quotas in H1 2023

Guangzhou (JLC), July 18, 2023--China saw lower utilization of its low-sulfur fuel oil (LSFO) export quotas in the first half (H1) of this year, owing to a boost in the quotas and a slowdown in domes

07-18-2023 18:32:10

China launches new CNY-based bonded bunker assessments

Guangzhou (JLC), June 25, 2023 – China has launched on June 20 its new CNY-based bonded bunker assessments, which are now published on the website of Shanghai Petroleum and Natural Gas Exchange.

06-25-2023 17:54:11

Jan-Apr sees higher utilization of non-state import quotas for fuel oil

Guangzhou (JLC), May 25, 2023 – Ports in Shandong and Tianjin have seen a surge in fuel oil imports intended as feedstock by independent refiners and traders during January and April.

05-25-2023 18:55:50

China slashes its bonded bunker fuel exports in April

Guangzhou (JLC), May 23, 2023--China slashed its bonded bunker fuel exports in April, as domestic supply tightened.

05-23-2023 19:02:34

China releases 2nd-batch 2023 quotas on LSFO exports

Guangzhou (JLC), May 12, 2023 – China has released the second batch of 2023 quotas on the exports of low-sulfur fuel oil (LSFO), according to official sources.

05-12-2023 18:05:00

China boosts fuel oil imports in Jan-Feb while slashing exports

Guangzhou (JLC), March 21, 2023--China significantly boosted its fuel oil imports in the first two months of this year while slashing exports, as domestic demand recovered gradually with the

03-21-2023 16:55:29

China sees faster drop in LSFO output in Jan

Guangzhou (JLC), February 28, 2023--China saw a faster drop in its low-sulfur fuel oil (LSFO) output in January when domestic refineries were still discouraged by bad margins, also due to the public

02-28-2023 17:16:17

Larger LSFO quotas to stimulate domestic output further

Guangzhou (JLC), January 4, 2023--China has boosted this year’s first-batch quotas on the exports of low-sulfur fuel oil, which will drive up domestic LSFO output.

01-04-2023 16:55:19

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