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China INE crude price rallies after Libya’s oil production plunges

Guangzhou (JLC), August 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday due to a plunge in Libya’s oil production and an upgrade in the

08-30-2024 18:29:08

Shandong independents' run rates rally as some refiners resume production

Guangzhou (JLC), July 17, 2024--Shandong independent refiners’ operating rates rebounded in the week to July 17 as some refiners in Heze and Rizhao gradually ramped up their production after restartin

07-17-2024 18:32:31

China INE crude price rallies ahead of OPEC+ production decision

Guangzhou (JLC), November 24, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) picked up on Friday.

11-24-2023 18:58:51

China INE crude price dips after EIA raises US oil production forecast

Guangzhou (JLC), June 7, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell Wednesday after the Energy Information Administration (EIA) boosted its forecast

06-07-2023 18:39:36

PetroChina Guangdong completes whole production process

Guangzhou (JLC), February 23, 2023--PetroChina Guangdong Petrochemical achieved qualified production from its 1.2 million mt/year ethylene unit on February 12, 2023, marking the completion of the comp

02-23-2023 19:26:43

China INE crude price edges down after OPEC’s oil production rises

Guangzhou (JLC), January 6, 2023--The price of crude futures on China’s Shanghai International Energy Exchange (INE) inched lower on Friday, after reports of a rise in OPEC’s December oil output.

01-06-2023 19:04:00

Shenghong achieves mass production at new refinery

Guangzhou (JLC), December 6, 2022--Shenghong Group has achieved mass production at its new refining-chemical complex in east China’s Jiangsu province lately, according to industry sources.

12-06-2022 18:55:51

Chinese refiners maintain stable production during National Day holiday

Guangzhou (JLC), October 12, 2022-Chinese refiners maintained stable production during the National Day holiday, in a bid to ensure supply in the domestic market.

10-12-2022 15:34:22

China INE crude price soars on OPEC+ production cuts

Guangzhou (JLC), October 10, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) increased significantly on Monday, amid expectations of tighter supply following n

10-10-2022 17:28:51

China INE crude price rises after OPEC agrees to cut production

Guangzhou (JLC), Sept 6, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) went up on Tuesday, as OPEC+ agreed on September 5 to cut its oil production quota by

09-06-2022 19:02:23

China INE crude price extends gains on OPEC+’s underproduction

Guangzhou (JLC), July 11, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) climbed further Monday on OPEC+’s underproduction, but was capped by demand concerns.

07-11-2022 18:56:47

China INE crude price rallies on Libya’s production shutdowns

Guangzhou (JLC), Jun 14, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) recouped some losses on Tuesday, as supply concerns exacerbated after Libya shut down

06-14-2022 18:12:18

Shenghong starts trialing CDU, aims for production in H2 2022

Guangzhou (JLC), May 10, 2022--China’s Shenghong Group started to trial its new crude distillation unit (CDU) in Jiangsu province on May 6 and aims for formal production at its 16 mln mt/yr (320,000 b

05-10-2022 16:42:54

Shandong independents’ operating rates low on production restriction

Guangzhou (JLC), February 9, 2022--Shandong-based independent refiners’ operating rates stayed low in early February, mainly because of the production restriction around the Beijing Winter Olympics.

02-09-2022 18:44:26

Sinopec Maoming Petchem records high production in January

Guangzhou (JLC), February 8, 2022--Sinopec Maoming Petrochemical in Guangdong province recorded high production in the first month of 2022, with the output of some products setting new highs, the comp

02-08-2022 18:47:37

PetroChina Yunnan maintains stable production during holiday

Guangzhou (JLC), February 7, 2022--PetroChina Yunnan Petrochemical in southwest China maintained stable production during the public holiday for the Chinese New Year (January 31-February 6), the compa

02-07-2022 18:42:42

Sinopec Luoyang completes expansion project, to improve production

Sinopec Luoyang Petrochemical in Henan has completed an expansion project that will not only enable the refinery to process sour crude but also improve its unit configuration and production, Sinopec said on its news website.

06-01-2020 16:54:56

Zhejiang Petroleum and Chemical links up production at new refinery

Guangzhou (JLC), January 2, 2020--Zhejiang Petrochemical had linked up production between all the links at its new refinery in east China’s Zhoushan, Rongsheng Petrochemical, parent company of Zhejiang Petrochemical, announced on December 30, 2019.

01-02-2020 20:34:02

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