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PetroChina Lanzhou runs its refinery at 70% of capacity in Q1

Guangzhou (JLC), April 9, 2025--PetroChina Lanzhou Petrochemical in Gansu province operated its refinery at 70.2% of capacity in the first quarter (Q1) of 2025, calculation shows, based on data releas

04-09-2025 16:02:38

State-owned refineries’ operating rate to drop on maintenance in April

Guangzhou (JLC), April 1, 2025--State-owned refineries' operating rate is expected to drop further in April, because of more refinery maintenance.

04-01-2025 18:50:36

China INE crude price leaps on supply concerns in early Oct

Guangzhou (JLC), October 8, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped in early October due to supply concerns amid intensifying tensions in the Mi

10-08-2024 19:09:45

China’s naphtha output up 8.4% in H1 2024

Guangzhou (JLC), July 18, 2024--China’s naphtha production rose by 8.4% year on year in the first half (H1) of 2024, as domestic naphtha demand grew after more ethylene units came on stream.

07-18-2024 15:00:43

Russia remains firm as biggest crude supplier to China in April

Guangzhou (JLC), May 20, 2024--Russia remained firm on top of the crude suppliers to China in April 2024, though its shipment to China declined, according to data from the GACC.

05-20-2024 11:35:29

China's April crude throughput retreats amid peak refinery maintenance

Guangzhou (JLC), May 17, 2024 – China's crude throughput retreated in April 2024 when domestic refinery maintenance peaked and supply was abundant.

05-17-2024 14:13:13

Shandong independents decelerate feedstock unloading in April

Guangzhou (JLC), May 10, 2024--Shandong-based independents slowed down their feedstock unloading in April, as their consumption decreased amid a peak of unit maintenance.

05-10-2024 19:02:31

China’s April crude imports drop 5.8% on month

Guangzhou (JLC), May 9, 2024--China imported about 44.72 million mt of crude oil in April 2024, with the daily imports at roughly 10.88 million barrels, down 5.79% month on month, calculation shows, b

05-09-2024 14:59:38

Sinopec raises Shengli crude price for April

Guangzhou (JLC), April 28, 2024--Sinopec marked up its Shengli crude price for April 2024, following rises in international crude prices, according to refiner sources in Shandong.

04-28-2024 14:33:53

Chinese SOEs to cut April crude runs on more refinery maintenance

Guangzhou (JLC), April 23, 2024--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in April, because of refinery maintenance, according to sources from them.

04-23-2024 15:37:30

Crude stocks at Shandong ports continue to rise in mid-April

Guangzhou (JLC), April 18, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to rise in the middle of April, because of more cargo unloading despite faster consumpti

04-18-2024 19:00:17

China to raise fuel ceilings again on April 17

Guangzhou (JLC), April 16, 2024--China will raise its retail ceilings of gasoline and diesel on April 17, 2024 (Wednesday), after a price hike in early April, as international crude prices continued t

04-16-2024 15:25:02

Crude stocks at Shandong ports extend drops in early April

Guangzhou (JLC), April 7, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended drops at the beginning of April when consumption rallied modestly.

04-07-2024 18:29:20

Sinopec Hainan Refining & Chemical runs at full capacity in 2023

Guangzhou (JLC), January 10, 2024--Sinopec Hainan Refining and Chemical ran its refinery at full capacity in 2023 and was shifting more focus on chemical production for better profit margins.

01-10-2024 18:43:30

Shandong independents run at 61.7% of capacity at beginning of January

Guangzhou (JLC), January 4, 2024--Shandong independent refiners ran at 61.7% of their crude distillation unit (CDU) capacity in the week ending January 3, 2024 (Wednesday), JLC’s data shows.

01-04-2024 16:58:37

China INE crude price down on disappointing US nonfarm data

Guangzhou (JLC), November 6, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched down on Monday after the US nonfarm data fell short of market expectations.

11-06-2023 19:15:47

Crude stocks at Shandong ports rise on more capacity

Guangzhou (JLC), September 28, 2023--The stocks of crude, fuel oil and diluted bitumen at Shandong ports grew in the week to September 28, as some new tanks have been involved in JLC’s research.

09-28-2023 16:23:21

Dongying port sees completion of 100,000-dwt approach channel

Guangzhou (JLC), August 29, 2023--The whole line of the 100,000-dwt approach channel project at Dongying port was completed on August 27, marking the transformation of Dongying port into a deepwater p

08-29-2023 15:37:38

Fujian’s first 300,000-dwt oil product berth approved by MOT

Guangzhou (JLC), June 29, 2023--Gulei South 3# berth project, the first 300,000-dwt oil product berth in Fujian province, has been approved by the Ministry of Transport (MOT), Fujian Port Group said o

06-29-2023 18:41:31

Sinopec Changling successfully processes Napo crude

Guangzhou (JLC), June 8, 2023 – Sinopec’s Changling Refining and Chemical has successfully processed a mixture of Napo crude and other grade.

06-08-2023 18:02:26

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