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China INE crude surges as hopes of Hormuz reopening dwindle

Guangzhou (JLC), August 11, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Tuesday amid diminishing prospects of a US-Iran deal to reopen th

08-11-2026 18:52:16

Qinzhou port's petrochemical terminal throughput leaps 41.5% in H1

Guangzhou (JLC), August 11, 2026--Qinzhou port's cargo throughput at its petrochemical terminal jumped by 41.5% year on year in the first half (H1) of 2026, China (Guangxi) Pilot Free Trade Zone said

08-11-2026 16:00:31

Yanchang Petroleum feeds oil into Yan’an crude oil tank farm

Guangzhou (JLC), August 11, 2026--Yanchang Petroleum transported the first batch of crude oil via a long-distance pipeline to the 150,000-cubic-metre No. 2 tank at the Yan’an crude oil tank farm on Au

08-11-2026 15:57:06

Sinopec Cangzhou Refining & Chemical delivers first batch of jet fuel

Guangzhou (JLC), August 11, 2026--Sinopec Cangzhou Refining & Chemical delivered its first batch of jet fuel on August 5, marking the launch of commercial supply of the product, the company announced

08-11-2026 14:47:19

Bozhong 19-6 gas field Phase I enters full operation

Beijing (JLC), August 10, 2026—The first phase of Bozhong 19-6 gas field development project has entered full operation, with a daily output surpassing 5,200 mt of oil equivalent.

08-10-2026 17:59:43

China’s PDH unit operating rate climbs further

Beijing (JLC), August 10, 2026--The overall operating rate of China’s PDH units averaged 70.27% in the week to August 6, up 1.66 percentage points compared with the week to July 30, JLC’s data showed.

08-10-2026 17:09:35

Shandong independents' feedstock unloading rebounds in July

Guangzhou (JLC), August 6, 2026--Shandong-based independent refiners and traders' feedstock unloading rebounded month on month in July, though it was still relatively low.

08-06-2026 16:16:44

Independents' refining margins for imported crude turn positive

Guangzhou (JLC), August 6, 2026--Shandong-based independent refiners' refining margins for imported crude turned positive in early August, as crude costs dropped rapidly and sales revenue increased.

08-06-2026 16:05:40

Shandong independents' run rates rally in early August

Guangzhou (JLC), August 5, 2026--Shandong independent refiners' operating rates rebounded in the week ending August 5, JLC’s data shows.

08-05-2026 19:06:34

Liaoning Jincheng Petrochemical exports MTBE for first time

Guangzhou (JLC), August 4, 2026--Liaoning Jincheng Petrochemical exported its first batch of MTBE by sea recently, the company said on its WeChat platform on August 2.

08-04-2026 18:49:57

PetroChina Yunnan’s monthly jet fuel sales top 200,000 mt

Guangzhou (JLC), August 4, 2026--PetroChina Yunnan Petrochemical’s jet fuel sales passed the 200,000 mt mark in July 2026, an upsurge of over 20% from the same month last year, PetroChina announced on

08-04-2026 15:07:29

China INE crude price edges down amid expected US-Iran talks

Guangzhou (JLC), August 3, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched lower amid expectations of negotiations between the United States and Iran.

08-03-2026 19:05:38

China’s PDH unit operating rate rebounds

Beijing (JLC), August 3, 2026--The overall operating rate of China’s PDH units averaged 69.34% in the week to July 30, up 3.53 percentage points compared with the week to July 23, JLC’s data showed.

08-03-2026 17:12:58

Sinopec Jinan starts export of lubricant base oil processed with supplied materials

Guangzhou (JLC), August 3, 2026--Sinopec Jinan Refining & Chemical completed the loading and dispatch of its first batch of high-viscosity Group II No. 10 lubricant base oil in late July, destined for

08-03-2026 17:01:37

Independents' refining margins for imported crude weaken

Guangzhou (JLC), July 30, 2026--Shandong-based independent refiners' refining margins for imported crude weakened in late July, as crude costs rose more significantly than sales revenue.

07-30-2026 15:55:54

Shandong independents' run rates retreat

Guangzhou (JLC), July 29, 2026--Shandong independent refiners' operating rates retreated in the week ending July 29, JLC’s data shows.

07-29-2026 18:59:43

New crude tanks for SDIC Yangpu T1 tank farm topped out

Guangzhou (JLC), July 29, 2026--SDIC Oil & Gas Terminal Yangpu Co., Ltd. recently topped out four 100,000-cbm crude storage tanks as part of the expansion project of the SDIC Yangpu T1 tank farm.

07-29-2026 17:05:34

Aug PP weakness to persist as supply rises, demand remains subdued

Shandong (JLC), July 29, 2026--China’s PP market is expected to remain constrained by rising supply and weak demand in August, with spot prices stuck in a weak range-bound pattern lacking rebound mome

07-29-2026 16:55:54

PE prices retreat after losing cost support

The PE prices retreated due to weak fundamentals in China, after the cost-side support was depressed by lower crude oil price.

07-29-2026 16:26:37

Sinopec's crude runs drop 5.6% in H1 2026

Guangzhou (JLC), July 28, 2026--Sinopec refined 113.31 million mt of crude oil in the first half (H1) of 2026, a fall of 5.6% from H1 2025, according to Sinopec.

07-28-2026 18:04:12

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