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SOEs to slash December diesel output amid seasonally weak demand

Guangzhou (JLC), December 9, 2024--State-owned enterprises (SOEs) plan to cut their diesel production sharply in December 2024 when domestic demand turns seasonally weak.

12-09-2024 15:05:48

Domestic refiners produce more asphalt in Oct on seasonal demand

Beijing (JLC), November 20, 2024—China’s petroleum asphalt output totaled around 2.12 million mt in October, swelling by 217,000 mt or 11.4% month on month, JLC’s data showed.

11-20-2024 15:30:10

CIMC SOE delivers second 7,600 cbm LNG bunkering ship to Seaspan

Beijing (JLC), October 31, 2024--CIMC SOE held a naming and delivery ceremony on October 23 for the second 7,600 cbm LNG bunkering vessel (S1062) CIMC SOE builds for Seaspan.

10-31-2024 15:20:54

China PP exports fall on sluggish overseas demand

Shandong (JLC), October 22, 2024—China’s PP exports in September fell by 8.33% month on month, as foreign demand weakened.

10-22-2024 17:39:12

PP market weaker than expected in conventional peak season

09-30-2024 17:22:00

Philippines remains biggest overseas diesel market for China in Jan-Aug

Guangzhou (JLC), September 26, 2024--The Philippines was still China’s largest diesel export market in January-August 2024, taking 29.62% of the latter’s exports, according to the GACC data.

09-26-2024 15:48:27

Deep Sea No.1 Phase II sees breakthrough

Beijing (JLC), August 30, 2024-- China National Offshore Oil Corporation wrapped up the blowout test of its A12 well on August 26, marking the completion of all well drilling and completion work.

08-30-2024 10:17:04

PP market to keep weak in off-peak season

07-11-2024 17:13:27

Freight rates of sea transportation rise from May

Freight rates of sea transportation began to rise in May 2024, and saw further rises amid multiple factors.

06-20-2024 17:40:52

CNOOC makes major discovery in South China Sea

Beijing (JLC), June 12, 2024--China’s state-owned energy giant CNOOC has made a major exploration breakthrough in an ultra-shallow gas play in ultra-deep water South China Sea, the company said on Jun

06-12-2024 17:47:22

China compound fertilizer market robust amid peak season

Shandong (JLC), May 23, 2024—Since the end of the May Day holiday, the domestic compound fertilizer market experienced a surge as the summer corn fertilizer season approached.

05-23-2024 00:00:00

Deep Sea No. 1 gas field reaches 8 bcm milestone

Beijing (JLC), May 6, 2024--China’s first self-developed ultra-deepwater gas field Deep Sea No. 1 has produced more than 8 billion cubic meters (bcm) of natural gas, its operator CNOOC announced on la

05-06-2024 15:56:32

CNOOC completes sea trial for another LNG bunkering vessel

Guangzhou (JLC), April 22, 2023 – Hai Yang Shi You 302, another LNG bunkering vessel invested by CNOOC, has recently completed its sea trail, marking one step closer to its final delivery.

04-22-2024 18:53:07

Qinghai Oilfield supplies over 2.7 bcm of gas in heating season

Beijing (JLC), April 16, 2023--Qinghai Oilfield supplied more than 2.77 billion cubic meters (bcm) of natural gas in the 2023-2024 heating season, overfulfilling its production plan by 0.8%, a source

04-16-2024 15:13:12

Demand for PFY fails to meet expectations as peak season passes by

Shandong (JLC), March 21, 2024--China polyester filament yarn (PFY) Market stepped into the traditional peak demand season in March and April, while the resumption of terminal demand lagged behind. Th

03-21-2024 17:29:05

CNOOC discovers another large oilfield in Bohai Sea

Beijing (JLC), March 19, 2024--CNOOC discovered an oilfield with proven reserves of 104 million (mln) mt in Bohai Sea, namely Qinchuangdao 27-3 oilfield, the company said on March 18.

03-19-2024 16:19:39

Deep Sea No. 1 produces over 7 bcm of natural gas

Beijing (JLC), February 5, 2024--China’s first large scale self-developed ultra-deepwater gas field Deep Sea No. 1 has produced more than 7 bcm of natural gas, its operator CNOOC said.

02-05-2024 15:43:57

New Yangzi Shipbuilding delivers 4th LNG dual-fuel container vessel to Seaspan

Beijing (JLC), January 25, 2024-Jiangsu New Yangzi Shipbuilding Co., Ltd. delivered the fourth LNG dual-fuel container vessel to the Seaspan and ZIM on January 20.

01-25-2024 16:34:25

China INE crude price retreats on resuming shipping in the Red Sea

Guangzhou (JLC), December 28, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday as some shipping firms are returning to the Red Sea route.

12-28-2023 19:30:50

China INE crude price rise slows on limited impact of Red Sea tensions

Guangzhou (JLC), December 20, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday amid geopolitical tensions near the Red Sea, but t

12-20-2023 17:55:30

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