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State-owned refiners’ gasoline and diesel production to diverge in May

Guangzhou (JLC), May 6, 2025--Stated-owned refiners plan to increase their production of diesel and gasoline in May, after drops in two consecutive months, also because of growing demand.

05-06-2025 17:49:08

Chinese oil companies revise up plans for November refined oil exports

Guangzhou (JLC), November 25, 2024--Chinese oil companies have revised up their plans for November exports of clean oil products (gasoline, diesel and jet fuel), before China cuts its VAT rebate.

11-25-2024 17:20:37

Chinese oil refiners cut October gasoline output to year’s lowest

Guangzhou (JLC), November 18, 2024--Chinese oil refiners cut their October gasoline production to the year's lowest, according to data from the National Bureau of Statistics (NBS).

11-18-2024 16:46:28

China to cut VAT rebate for refined oil export as from December

Guangzhou (JLC), November 15, 2024--China will cut the value-added tax (VAT) rebate for the export of gasoline, diesel and jet fuel to 9% as from December 1, 2024, down from 13%.

11-15-2024 20:37:09

State-owned refiners to raise diesel output in November

Guangzhou (JLC), November 13, 2024--State-owned Sinopec, PetroChina, CNOOC and Sinochem plan to produce 10.56 million mt of diesel in total in November, averaging 2.60 million barrels per day, up 6.35

11-13-2024 15:05:20

Chinese oil companies to cut clean refined product exports in November

Guangzhou (JLC), November 1, 2024--Chinese oil companies plan to cut their exports of clean oil products (gasoline, diesel and jet fuel) in November, due to multiple factors.

11-01-2024 15:54:57

Sinopec copes with demand shift through refinery upgrade

Guangzhou (JLC), October 17, 2024 –Sinopec highlighted the importance of refinery transformation and upgrade in the face of a changing demand outlook.

10-17-2024 18:34:03

PetroChina Golmud Refinery starts jet fuel supply to Tibet

Guangzhou (JLC), August 14, 2024--Golmud Refinery shipped a batch of No.3 jet fuel to Tibet for the first time through the Qinghai-Tibet Railway on August 10.

08-14-2024 18:53:57

PetroChina and Sinopec raise jet fuel ex-refinery prices in July

Guangzhou (JLC), July 1, 2024--PetroChina and Sinopec raised their jet fuel ex-refinery prices by CNY36/mt on July 1, 2024, according to sources from the two companies.

07-01-2024 17:00:01

Chinese oil refiners to cut gasoline and diesel exports in July

Guangzhou (JLC), June 26, 2024--Chinese oil companies plan to reduce their gasoline and diesel exports in July 2024, mainly because of growing domestic demand for gasoline and declining diesel output.

06-26-2024 16:39:41

Chinese refiners to keep June oil product exports largely stable

Guangzhou (JLC), June 21, 2024--Chinese refiners plan to keep their exports of oil products (gasoline, diesel and jet fuel) largely steady in June when margins for gasoline and diesel are still bad.

06-21-2024 17:57:13

Chinese refiners raise gasoline and kerosene output on growing demand

Guangzhou (JLC), June 18, 2024--Chinese oil refiners raised their gasoline and kerosene production in May 2024 in view of growing demand, despite lower crude throughput amid refinery maintenance.

06-18-2024 18:57:48

PetroChina and Sinopec slash jet fuel ex-refinery prices in June

Guangzhou (JLC), June 5, 2024--PetroChina and Sinopec slashed their jet fuel ex-refinery prices by CNY446/mt on June 1, 2024, according to sources from the two companies.

06-05-2024 10:33:48

Chinese refiners to cut oil product exports in June

Guangzhou (JLC), May 28, 2024--Chinese refiners are likely to cut their exports of oil products (gasoline, diesel and jet fuel) in June, due to bad export margins for gasoline and diesel.

05-28-2024 19:02:17

Several Sinopec refineries cut diesel yield for better profit

Guangzhou (JLC), May 28, 2024--Several Sinopec refineries cut the yield of diesel while lifting that of other products to amplify their profit margins, Sinopec said on its news website.

05-28-2024 16:59:56

PetroChina and Sinopec raise jet fuel ex-refinery prices in March

PetroChina and Sinopec raised their jet fuel ex-refinery prices by CNY188/mt on March 1, 2024, according to sources from the two companies.

03-05-2024 17:25:42

PetroChina and Sinopec cut February jet fuel ex-refinery prices

Guangzhou (JLC), February 6, 2024--PetroChina and Sinopec cut their jet fuel ex-refinery prices by CNY135/mt on February 1, 2024, according to sources from the two companies.

02-06-2024 19:15:50

Chinese refiners to cut oil product exports in December

Guangzhou (JLC), December 6, 2023--Chinese refiners plan to trim their December exports of oil products (gasoline, diesel and jet fuel), largely due to tight quota availability.

12-06-2023 17:57:23

Sinopec Maoming begins upgrading its refinery

Guangzhou (JLC), November 20, 2023--Sinopec Maoming Petrochemical held a mobilization ceremony on November 17, marking the start of its major refinery upgrade that will optimize the refinery’s product

11-20-2023 18:10:02

Chinese refiners to cut oil product exports on short quota in Nov-Dec

Guangzhou (JLC), October 25, 2023--Chinese refiners are likely to reduce their exports of oil products (gasoline, diesel and jet fuel) in the last two months of 2023, as they have run short of quota.

10-25-2023 13:52:44

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