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Independents find lower crude refining margins in late Dec

Guangzhou (JLC), December 26, 2024--Shandong-based independents found lower refining margins for imported crude in late December, because of falling sales revenue.

12-26-2024 15:17:21

PP prices to decline in Jan on waning demand, reduced unit maintenance

Shandong (JLC), December 26, 2024--PP prices are expected to edge down in January 2025 given shrinking demand and rising feedstock inventory.

12-26-2024 09:01:03

Sinobunker completes China’s first ammonia bunkering

Guangzhou (JLC), December 25, 2024--A subsidiary of China Shipping & Sinopec Suppliers Co., Ltd. (Sinobunker) has refueled a tugboat with ammonia in China, marking a significant breakthrough.

12-25-2024 18:37:54

Sinopec Jiujiang hikes jet fuel production and sales in Jan-Nov

Guangzhou (JLC), December 25, 2024--Sinopec Jiujiang Petrochemical hiked its jet fuel production and sales in the first eleven months of 2024 through various efforts, Sinopec said.

12-25-2024 18:26:15

Shandong independents' run rates inch down in late December

Guangzhou (JLC), December 25, 2024--Shandong independent refiners' operating rates edged down in the week to December 25, with a couple of refiners cutting their throughput modestly.

12-25-2024 18:18:29

China INE crude price range-bound on mixed factors

Guangzhou (JLC), December 24, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) moved sideways on Tuesday due to mixed factors.

12-24-2024 19:02:48

Sinopec launches asphalt export to Tonga

Guangzhou (JLC), December 24, 2024--Sinopec recently exported 100 mt of asphalt to Tonga for the first time, marking a breakthrough in the continuous development of the Oceania asphalt market, Sinopec

12-24-2024 15:12:11

PetroChina Guangdong receives over 20 mln mt of crude in 2024

Guangzhou (JLC), December 23, 2024--As of December 19, PetroChina Guangdong Petrochemical has received about 20.67 million mt of crude oil via its crude terminal in 2024.

12-23-2024 19:22:08

China INE crude price slips further on stronger yuan

Guangzhou (JLC), December 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday on the back of stronger Chinese currency and a rise i

12-23-2024 18:39:05

China’s PDH unit operating rate moves up further

Beijing (JLC), December 23, 2024--China’s PDH unit operating rate moved up further by 3.26 percentage points in the week ending December 19 (Thursday).

12-23-2024 18:09:40

CSSC Hudong Zhonghua delivers LNG carrier “Greenergy Pearl”

Beijing (JLC), December 20, 2024--CSSC Hudong Zhonghua Shipbuilding Co., Ltd. delivered a 174,000 cubic meter LNG carrier, “Greenergy Pearl”, on December 18, eight months ahead of schedule.

12-20-2024 15:29:10

Sinopec Qilu Petrochemical begins upgrading its refinery

Guangzhou (JLC), December 20, 2024 – Sinopec Qilu Petrochemical started to construct its upgrade project on December 19, Sinopec announced at a ceremony held in Zibo on Thursday.

12-20-2024 14:52:04

Saudi Arabia regains 2nd place among crude suppliers to China

Guangzhou (JLC), December 20, 2024--Saudi Arabia regained the second place among the crude suppliers to China in November 2024, with its supply to China jumping month on month, according to the GACC.

12-20-2024 14:47:46

Crude stocks at Shandong ports retreat in mid-December

Guangzhou (JLC), December 19, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week to December 19, as outbound delivery outpaced cargo unloading.

12-19-2024 18:40:05

PP prices keep range-bound

China PP prices kept range-bound, given the supply-demand stalemate and the fluctuating futures price.

12-19-2024 17:51:51

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), December 19, 2024--Shandong-based independents’ refining margins for imported crude retreated this week, due to a rally in crude costs, despite a slight increase in sales revenue.

12-19-2024 14:25:58

CHIMBUSCO completes first biofuel bunkering in Jiangsu

Guangzhou (JLC), December 18, 2024--Chimbusco completed a B24 biofuel bunkering operation in Lianyungang City, Jiangsu Province, on December 12, which was the first time for Chimbusco to supply marin

12-18-2024 18:47:58

Shandong independents' run rates drop amid unit shutdown

Guangzhou (JLC), December 18, 2024--Shandong independent refiners' operating rates fell considerably in the week to December 18 due to unit shutdown.

12-18-2024 18:13:18

Guangdong FTZ launches bonded HSFO-LSFO blending

Guangzhou (JLC), December 18, 2024 – The China (Guangdong) Pilot Free Trade Zone, or Guangdong FTZ, has recently completed its first blending of bonded HSFO and LSFO.

12-18-2024 17:47:57

Tongluoxia UGS facility comes online

Beijing (JLC), December 18, 2024--Tongluoxia underground gas storage (UGS) facility was put into operation on December 16, according to Chongqing Daily.

12-18-2024 16:34:13

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