Energy report, Chemical report,News & Commentary, Market Price, JLC database

Sinopec raises Shengli crude price for December

Guangzhou (JLC), December 26, 2024--Sinopec marked up its Shengli crude price slightly for December 2024, following modest rises in international crude prices, according to refiner sources in Shandong

12-26-2024 17:36:35

Sinopec and PetroChina to tally drops in 2024 crude runs

Guangzhou (JLC), December 17, 2024--Both Sinopec and PetroChina are expected to tally a drop in their crude throughput in 2024, as demand for some products, particularly diesel, has dropped.

12-17-2024 18:31:59

Sinopec to have more refinery maintenance in 2025

Guangzhou (JLC), December 16, 2024--Sinopec has scheduled more refinery turnarounds for 2025, while PetroChina will have less maintenance, according to their preliminary plans.

12-16-2024 18:16:12

China INE crude price slips despite OPEC+ output cut extension

Guangzhou (JLC), December 6, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday, despite OPEC+’s decision to postpone the phase-out of its

12-06-2024 19:13:49

China INE crude price stable ahead of OPEC+ meeting

Guangzhou (JLC), December 3, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) was stuck on Tuesday as investors took a wait-and-see approach ahead of the OPEC+

12-03-2024 18:29:11

Sinopec begins building commercial oil reserve project in Dongying

Guangzhou (JLC), December 2, 2024 – Sinopec Shengli Oilfield Company on November 29 began the construction of a large-scale commercial oil reserve facility in Dongying.

12-02-2024 18:45:05

Sinopec cuts Shengli crude price for November

Guangzhou (JLC), November 26, 2024--Sinopec marked down its Shengli crude price for November 2024, following drops in international crude prices, according to refiner sources in Shandong.

11-26-2024 19:06:01

Sinopec plans to start test runs at ZRCC Phase II by year-end

Guangzhou (JLC), November 25, 2024--Sinopec’s Zhenhai Refining and Chemical Company (ZRCC) will likely begin trial operation at its phase-II expansion project by the end of this year.

11-25-2024 18:25:20

Sinopec and Aramco start building Gulei phase-II complex in Fujian

Guangzhou (JLC), November 19, 2024 – Sinopec, Aramco, and Fujian Petrochemical Company Limited (FPCL) began to construct the Gulei Phase-II Integrated Refining and Petrochemical Project.

11-19-2024 17:58:14

Sinopec Maoming puts new crude pipeline into operation

Guangzhou (JLC), November 7, 2024--Sinopec Maoming Petrochemical started to transport oil through the crude oil pipeline of the Bohe New Port to Maoming Oil Pipeline Project on October 31, marking the

11-07-2024 16:25:44

China INE crude price rises again after OPEC+ delays output hike

Guangzhou (JLC), November 4, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday following reports of a further delay to OPEC+ producti

11-04-2024 18:41:30

Sinopec to cut its crude runs in Q4 2024

Guangzhou (JLC), October 29, 2024--Sinopec will cut its crude runs in the last quarter (Q4) of 2024, judged from its plan for the second half of 2024 and its throughput in Q3.

10-29-2024 18:54:57

Sinopec’s net profit plunges 16.6% in first three quarters

Guangzhou (JLC), October 29, 2024--Sinopec’s net profit plummeted by 16.6% year on year in the first three quarters of 2024, reversing a 2.6% gain in the first half, mainly due to shrinking refining m

10-29-2024 15:42:21

China INE crude price slips after OPEC cuts demand growth estimate

Guangzhou (JLC), October 15, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday after OPEC cut its global oil demand growth forecast. SC241

10-15-2024 18:29:07

China INE crude slips further after OPEC cuts demand forecast

Guangzhou (JLC), September 11, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Wednesday after OPEC revised down its global demand growth

09-11-2024 18:12:12

Sinopec Qilu to build 10 mln mt/yr CDU, dismantle two small ones

Guangzhou (JLC), September 9, 2024--Sinopec Qilu Petrochemical plans to construct a 10.0 million mt/yr (200,000 bbl/day) crude distillation unit (CDU) and dismantle a 2.5 million mt/yr CDU (idled from

09-09-2024 16:27:47

China INE crude price retreats on prospect of rising OPEC+ output

Guangzhou (JLC), September 2, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday due to the prospect of higher OPEC+ production from October a

09-02-2024 18:54:55

Sinopec revises down its crude throughput plan for 2024

Guangzhou (JLC), August 27, 2024--Sinopec has revised down its crude throughput plan for 2024, which can be ascribed to relatively weak demand for diesel.

08-27-2024 15:43:06

China INE crude price rises again despite OPEC’s cut in demand forecast

Guangzhou (JLC), August 13, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rose further on Tuesday, still supported by concerns over tensions in the Middle Ea

08-13-2024 18:14:32

Sinopec and PetroChina likely to see divergent crude throughput in H2 2024

Guangzhou (JLC), August 7, 2024--Sinopec is expected raise its crude throughput by 1.78% in the second half (H2) of 2024, while PetroChina is likely to cut its throughput.

08-07-2024 16:02:20

Login

Leading provider of market intelligence and pricing solutions for energy products and commodities in China