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Shandong independents unload more feedstock in October

Guangzhou (JLC), November 8, 2024--Shandong-based independent refiners unloaded more imported feedstock in October, as their consumption increased amid unit restarts and growing gasoline demand.

11-08-2024 14:21:04

CNPC and PETRONAS sign MoU for strategic cooperation

Guangzhou (JLC), November 7, 2024--China National Petroleum Corporation (CNPC) and Petroliam Nasional Berhad (PETRONAS) signed a strategic cooperation Memorandum of Understanding (MoU) on November 6.

11-07-2024 18:52:24

Independents’ refining margins for imported crude slip modestly

Guangzhou (JLC), November 7, 2024--Shandong-based independents’ refining margins for imported crude slipped modestly in early November, as crude costs gained more ground than sales revenue.

11-07-2024 18:03:03

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

Sinopec signs 15-year LNG supply contract with TotalEnergies

Beijing (JLC), November 6, 2024--Sinopec signed a Heads of Agreement (HoA) with TotalEnergies for long-term LNG supply at the China International Import Expo on November 4.

11-06-2024 18:19:02

Shandong independents' run rates rebound slightly

Guangzhou (JLC), November 6, 2024--Shandong independent refiners' operating rates rebounded slightly in the week to November 6.

11-06-2024 17:24:38

Shandong independents' run rates inch higher in October

Guangzhou (JLC), November 6, 2024--Shandong-based independent refiners' operating rates edged higher in October on the back of a unit restart.

11-06-2024 10:43:28

Sinopec Yuanba gas field produces over 35 bcm of natural gas

Shandong (JLC), November 5, 2024--Yuanba gas field, operated by the Sinopec Southwest China Petroleum Bureau, has produced more than 35 billion cubic meters (bcm) of natural gas.

11-05-2024 18:10:43

PetroChina Jilin set to complete upgrade by end of 2024

Guangzhou (JLC), November 5, 2024 – PetroChina Jilin Petrochemical is set to complete its upgrade project and take delivery of all the 21 new units by the end of 2024, Jilin Daily reported.

11-05-2024 18:02:13

PetroChina to raise its November crude runs after unit restart

Guangzhou (JLC), November 5, 2024--PetroChina plans to boost its crude runs by 4.67% month on month in November, following the restart of its 200kbd Jilin Petrochemical in the middle of October.

11-05-2024 14:31:50

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 Hunan Petrochemical to trial new reformer by Q1 2025

Guangzhou (JLC), November 1, 2024--Sinopec Hunan Petrochemical aims to start trialing a new 1.0 million mt/yr continuous reformer by the first quarter of 2025, the company said last month.

11-01-2024 18:33:30

Supply of Shaanxi-Beijing gas pipeline hits 700 bcm mark

Beijing (JLC), October 31, 2024--As of October 30, the Shaanxi-Beijing pipeline system has transported more than 700 bcm of natural gas, it operator PipeChina said on its official WeChat account.

10-31-2024 18:07:00

Oct PTA output to rise on high operating rates

Shandong（JLC）, October 31, 2024—China’s PTA units operating rates remained high in October, which led to rising monthly output.

10-31-2024 16:46:20

Independents’ crude refining margins improve in late Oct

Guangzhou (JLC), October 31, 2024--Shandong-based independents’ refining margins for imported crude improved in late October, buoyed by slipping costs and increasing sales revenue.

10-31-2024 14:40:25

PetroChina reports a 5.3% drop in its net profits in Q3 2024

Guangzhou (JLC), October 30, 2024--PetroChina’s net profits attributable to its equity shareholders decreased by 5.3% in the third quarter (Q3) of this year, mainly because of a drop in its sales reve

10-30-2024 19:06:13

Shandong independents' run rates slip on unit shutdown

Guangzhou (JLC), October 30, 2024--Shandong independent refiners' operating rates slipped in the week to October 30, following the shutdown of a Dongying-based refinery.

10-30-2024 18:28:18

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

Chinese refiners cut petroleum asphalt run rates in Jan-Sep 2024

Beijing (JLC), October 29, 2024—In the first nine months of 2024, the operating rate of Chinese asphalt units averaged 24%, down by nine percentage points year on year, JLC’s data showed.

10-29-2024 15:18:48

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