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Independents’ crude refining margins recoup some losses

Guangzhou (JLC), November 20, 2024--Shandong-based independents’ crude refining margins recouped some losses in mid-to-late November, on the back of sliding crude costs and rising sales revenue.

11-20-2024 16:43:57

Independents’ crude refining margins continue to drop

Guangzhou (JLC), November 13, 2024--Shandong-based independents’ crude refining margins continued to drop in mid-November, dampened by rising costs and decreasing sales revenue.

11-13-2024 18:37:00

Independents’ refining margins for imported crude turn negative

Guangzhou (JLC), September 25, 2024--Shandong-based independents’ refining margins for imported crude plunged significantly and turned negative in late September, due to higher crude costs and lower s

09-25-2024 17:27:22

Independents’ refining margins for imported crude surge

Guangzhou (JLC), September 12, 2024--Shandong-based independents’ refining margins for imported crude rebounded rapidly in the week to September 11, buoyed by plunging crude costs, despite a fall in

09-12-2024 16:55:03

Independents’ refining margins for imported crude double

Guangzhou (JLC), July 31, 2024--Shandong-based independents’ refining margins for imported crude doubled in late July as crude costs extended drops, despite lower sales revenue.

07-31-2024 19:01:33

Daqing Refining & Chemical's crude runs hit 2.8 mln mt in H1 2024

Guangzhou (JLC), July 24, 2024--PetroChina Daqing Refining & Chemical processed a total of 2.76 million mt of crude oil in the first half (H1) of 2024, Daqing Daily reported on its website on July 24.

07-24-2024 19:10:08

Fujian Gulei Refining & Chemical Project (II) gets green light

Guangzhou (JLC), July 19, 2024--The phase-II Gulei Refining and Chemical Project in Fujian was approved by the Fujian Development and Reform Commission on July 16, Fujian Petrochemical said on Jul 17.

07-19-2024 18:30:50

Progress of Fujian Gulei refining & chemical phase II project

Guangzhou (JLC), July 15, 2024--Zhangzhou Gulei Port Economic Development Zone released an announcement on July 11 to solicit opinions on Fujian Gulei refining and chemical phase II project.

07-15-2024 17:33:50

Independents’ refining margins for imported crude plunge

Guangzhou (JLC), June 19, 2024--Shandong-based independents’ refining margins for imported crude plunged in the week to June 19, squeezed by rallying costs and falling sales revenue.

06-19-2024 18:02:03

Independents’ crude refining margins dive further

Guangzhou (JLC), May 23, 2024--Shandong-based independents’ refining margins for imported crude dived further in the week to May 22, as their sales revenue decreased and crude costs climbed slightly.

05-23-2024 14:41:00

Yan’an Refinery starts refining imported crude

Guangzhou (JLC), May 14, 2024--Yan’an Refinery under Shaanxi Yangchang Petroleum (Group) started processing imported crude oil on April 30, according to Yangchang Petroleum News.

05-14-2024 15:10:49

Independents’ refining margins for imported crude turn positive

Guangzhou (JLC), April 17, 2024--Shandong-based independents’ refining margins for imported crude rebounded and turned positive in the middle of April, as prices of most downstream products increased

04-17-2024 18:36:58

Independents’ refining margins for imported crude move lower

Guangzhou (JLC), April 11, 2024--Shandong-based independents’ refining margins for imported crude moved lower in the week to April 10, as crude costs extended increases.

04-11-2024 15:14:24

Independents’ crude refining margins plunge further

Guangzhou (JLC), April 3, 2024--Shandong-based independents’ crude refining margins plunged further in early April, dampened by continuous rises in crude costs.

04-03-2024 17:58:23

Independents’ crude refining margins worsen in late Mar

Guangzhou (JLC), March 27, 2024--Shandong-based independents saw worse margins for crude refining in late March, because of higher crude costs.

03-27-2024 18:37:12

Shandong independents' run rates lower on poor refining margins

Guangzhou (JLC), March 27, 2024--Shandong independent refiners’ operating rates fell modestly in the week to March 27, as some refiners reduced their crude throughput due to bad refining margins.

03-27-2024 18:14:11

Independents find higher refining margins for imported crude

Guangzhou (JLC), March 14, 2024--Shandong-based independents found higher refining margins for imported crude in the middle of this month, because of falling crude costs as well as a rise in most pro

03-14-2024 15:51:03

Independents’ refining margins for imported crude soar

Guangzhou (JLC), February 8, 2024--Shandong-based independents’ refining margins for imported crude soared significantly in early February as crude costs decreased, while their margins for domestic c

02-08-2024 16:09:55

Independents find higher refining margins for imported crude

Guangzhou (JLC), January 11, 2024--Shandong-based independents found higher refining margins for imported crude in the week to January 10, as crude costs slipped and prices of most oil products rose.

01-11-2024 14:37:30

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

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