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China INE crude price retreats on new US tariff policy

Guangzhou (JLC), April 3, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after US President Donald Trump announced reciprocal tariffs on

04-03-2025 19:17:48

State-owned refinery run rates drop again on turnarounds

Guangzhou (JLC), April 3, 2025--Chinese state-owned oil refineries' run rates extended drops in early April, as a refinery ground to a halt and CNOOC Huizhou Petrochemical began to shut a CDU.

04-03-2025 18:25:49

China’s MTBE exports slip in February

Beijing (JLC), April 3, 2025--China exported 280,000 mt of MTBE in February, down by 9.41% month on month and up by 100.72% year on year.

04-03-2025 17:29:36

Crude stocks at Shandong ports surge to over seven-month high

Guangzhou (JLC), April 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports surged to a new high in over seven months in early April.

04-03-2025 17:27:34

Independents’ crude refining margins plunge on surging costs

Guangzhou (JLC), April 3, 2025--Shandong-based independents’ crude refining margins plunged in early April as crude costs surged, despite a rise in their sales revenue.

04-03-2025 17:07:14

LNG output in March rises on larger feed gas supply

Beijing (JLC), April 3, 2025--China recorded growth in its LNG output in March when feed gas supply was abundant.

04-03-2025 16:46:20

Sinopec Hunan completes new reformer and jet fuel pipeline

Guangzhou (JLC), April 3, 2025--Sinopec Hunan Petrochemical completed the construction of a 1.0 million mt/yr continuous reformer and a jet fuel pipeline in late March, the company announced on its of

04-03-2025 15:16:01

China INE crude price growth slows down

Guangzhou (JLC), April 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Wednesday amid supply concerns, but the increase slowed down on fea

04-02-2025 18:57:36

Shandong independents’ run rates slip in early April

Guangzhou (JLC), April 2, 2025--Shandong independent refiners’ operating rates slipped in early April, as some refiners’ throughput cuts counteracted other refiners’ boosts.

04-02-2025 18:43:28

China to hike fuel ceilings on April 3

Guangzhou (JLC), April 2, 2025--China will raise its retail ceilings of gasoline and diesel on April 3, 2025 (Thursday), as international crude prices have rebounded over the past 10 working days.

04-02-2025 11:52:11

PipeChina starts Fujian-Guangdong gas pipeline project

Beijing (JLC), April 2, 2025--PipeChina commenced the construction of the Fujian-Guangdong natural gas pipeline interconnection project on March 30

04-02-2025 10:44:41

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 rallies on rising geopolitical tensions

Guangzhou (JLC), April 1, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday amid mounting tensions between the US and Iran.

04-01-2025 18:41:44

Shanghai Port launches biofuel bunkering for international vessels

Guangzhou (JLC), April 1, 2025--Refueling ship “TONG YIN 5005” successfully pumped around 2,700 mt of B24 marine biofuel into vessel “COSCO FRANCE” at Shengdong International Container Terminal of Sha

04-01-2025 15:05:51

China INE crude price drops on possible Saudi oil price cut

Guangzhou (JLC), March 31, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined further on Monday amid expectations that Saudi Arabia may slash crude price

03-31-2025 19:04:30

PetroChina’s net profit sets new high in 2024

Guangzhou (JLC), March 31, 2025--PetroChina’s net profit attributable to its equity shareholders set a new high in 2024, mainly because of lower costs, despite slightly lower sales revenue.

03-31-2025 18:27:04

Construction of Banshen 37 UGS facility started

Beijing (JLC), March 31, 2025--PetroChina Dagang Oilfield Company started drilling of Kuping 7-4 well at the Banshen 37 underground gas storage (UGS) on March 27, a market source said.

03-31-2025 15:51:46

PetroChina to cut its crude runs in 2025

Guangzhou (JLC), March 31, 2025--PetroChina plans to cut its crude runs in 2025 when the company continues to push forward with its transition and upgrade in the refining sector.

03-31-2025 14:19:47

China INE crude price retreats slightly

Guangzhou (JLC), March 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical decline on Friday after six consecutive gains.

03-28-2025 19:08:23

China’s fuel prices rally after seven weeks of drops

Guangzhou (JLC), March 28, 2025--China’s wholesale gasoline and diesel prices rallied in late March, after drops in seven consecutive weeks, because of rising international crude prices and pre-holid

03-28-2025 18:49:27

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