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China INE crude price rallies on breakdown of Gaza truce talks

Guangzhou (JLC), May 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday after the talks on a truce in the Gaza Strip broke down.

05-10-2024 19:04:08

Feedstock unloading for Shandong independents rally in February

Guangzhou (JLC), March 8, 2024 – Feedstock unloading for Shandong independents rallied in February, as local independent refiners boosted purchase after the release of this year’s crude quotas.

03-08-2024 15:34:59

Shandong independents' February run rates fall for fifth month straight

Guangzhou (JLC), March 5, 2024--Shandong-based independent refiners' operating rates dropped for a fifth consecutive month in February, mainly because of rising costs and declining margins.

03-05-2024 16:34:06

State-owned refineries' run rates rise in February

Guangzhou (JLC), March 5, 2024--Chinese state-owned oil companies raised their refinery operating rates in February on account of robust gasoline and jet fuel consumption.

03-05-2024 16:32:55

Sinopec and PetroChina continue to raise crude runs in February

Guangzhou (JLC), March 5, 2024--Sinopec and PetroChina continued to lift their crude throughput in February in view of growing gasoline and jet fuel demand.

03-05-2024 16:31:42

CNOOC brings two more oilfield projects on stream

Guangzhou (JLC), September 26, 2023--State-owned China National Offshore Oil Corporation (CNOOC) announced the commencement of production at Lufeng 12-3 Oilfield Development Project and Bozhong 28-2 S

09-26-2023 15:07:41

CNOOC celebrates 20th anniversary of Liuhua oilfield cluster

Beijing (JLC), August 16, 2023--CNOOC celebrated the 20th anniversary of the Liuhua oilfield on July 31, a source from the company said.

08-16-2023 18:02:17

PetroChina and Sinopec boost February crude runs on growing fuel demand

Guangzhou (JLC), March 6, 2023—Sinopec and PetroChina raised their crude runs in February 2022, in view of recovering domestic fuel demand and bright market prospects.

03-06-2023 11:28:20

Shandong independents’ run rates still rise in February

Guangzhou (JLC), March 3, 2023--Shandong-based independent refiners’ operating rates continued to rise in February, still supported by recovering fuel demand and better refining margins.

03-03-2023 16:54:34

State-owned refiners raise February run rates on recovering demand

Guangzhou (JLC), March 3, 2023--Chinese state-owned oil companies raised their refinery operating rates in February 2022 when domestic fuel demand was recovering and market prospects brightened.

03-03-2023 14:11:17

State-owned oil refineries maintain steady run rates in late February

Guangzhou (JLC), February 24, 2023--State-owned oil companies continued to operate their refineries at 83.07% of capacity on average in the week to February 22 (Wednesday), JLC's data shows.

02-24-2023 15:56:05

China to hike crude imports in February

Guangzhou (JLC), February 23, 2023--Chinese refiners are projected to boost their crude imports sharply in February, because of growing consumption from newly-built refining units and a recovery in fu

02-23-2023 18:03:10

China halves crude imports from Brazil in March

Guangzhou (JLC), April 21, 2022--China almost halved its crude imports from Brazil in March 2022 when its total imports plunged, also due to limited availability of premium grades from Brazil.

04-21-2022 18:22:57

State-run refineries’ February operating rates rebound on stronger demand

March 2, 2022--Chinese state-run refineries’ operating rates rebounded sharply in February when gasoline demand was strong and independent refiners’ production fell.

03-02-2022 14:23:04

State-run refineries' operating rates stable in late February

Guangzhou (JLC), February 25, 2022--Chinese state-run refineries’ operating rates stayed flat in the week to February 23 when no crude distillation units (CDUs) were shut or restarted.

02-25-2022 14:59:15

Shandong independents boost crude imports from Angola, Brazil in early Feb

Guangzhou (JLC), February 10, 2022--The arrivals of imported feedstock from Angola and Brazil at Shandong ports for independent refiners and traders surged month on month in early February, JLC’s ship

02-10-2022 16:19:27

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