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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

Chinese SOEs to lower December crude runs as demand weakens

Guangzhou (JLC), December 3, 2024--Chinese state-owned enterprises plan to cut their crude throughput in December, as fuel demand becomes seasonally weak and their exports drop amid short quotas.

12-03-2024 18:32:28

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

Chinese SOEs to cut October crude runs on more maintenance

Guangzhou (JLC), October 8, 2024--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in October, because of more refinery maintenance when supply is abundant.

10-08-2024 18:36:44

SOEs cut diesel production while boosting gasoline output in H1

Guangzhou (JLC), July 18, 2024 – State-run refiners lowered diesel production in the first half of the year but ramped up gasoline output at the same time

07-18-2024 19:05:39

Chinese SOEs to raise July crude runs on growing demand, less maintenance

Guangzhou (JLC), July 4, 2024--Chinese state-owned enterprises (SOEs) plan to raise their crude throughput in July, because of growing fuel demand in the summer and less refinery maintenance.

07-04-2024 18:28:04

Chinese SOEs to cut June crude runs to year’s lowest

Guangzhou (JLC), June 3, 2024--Chinese state-owned enterprises plan to cut their daily crude throughput to the lowest so far this year in June, because of refinery maintenance and abundant supply.

06-03-2024 18:57:19

Chinese SOEs to cut April crude runs on more refinery maintenance

Guangzhou (JLC), April 23, 2024--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in April, because of refinery maintenance, according to sources from them.

04-23-2024 15:37:30

China’s central SOEs to speed up AI development

Guangzhou (JLC), February 22, 2024 – The SASAC held a meeting on February 19 to urge China’s central state-owned enterprises (central SOEs) to promote faster and better development of AI.

02-22-2024 18:03:33

SOEs' refinery maintenance to peak in Q2 2024

Guangzhou (JLC), January 16, 2024--State-owned enterprises' (SOEs) refinery maintenance in 2024 will peak in the second quarter (Q2), according to oil giants' plans.

01-16-2024 17:19:31

SOEs to cut December crude runs on less fuel demand

Guangzhou (JLC), December 14, 2023--State-owned enterprises plan to cut their crude throughput in December 2023 as fuel demand tends to weaken in an offseason, despite less refinery maintenance.

12-14-2023 14:41:12

China SOE's kerosene output soars in Apr

Beijing (JLC), May 13, 2021--China's kerosene output jumped 24.6% at state-run refineries in April from a month earlier due to demand recovery, JLC data showed.

05-13-2021 14:41:20

China's low SOE plastic inventory will underpin the PE market in 2017

The petrochemical plastic inventory increased to high level since the Spring Festival in 2016, and was in downward trend after then; by the end of May particularly, the overall inventory declined below 700,000 mt.

12-20-2016 17:55:08

China non-SOEs' crude oil import quota in 2017 totals 87.6 mln mt

On December 4th, the Chinese Ministry of Commerce website announced China's non-SOEs' crude oil import quota would total 87.6 million mt in 2017, which was the same as that in 2016.

12-06-2016 15:29:29

China Coal to take over *ST SDIC Xinji, likely to kick off M&A among coal SOEs

The China Securities Regulatory Commission (CSRC) required China National Coal Group Corp. (China Coal) to disclose related acquisition information and make a supplement to the future development direction the other day.

10-24-2016 14:12:35

China's SOE profits post milder decline

China's state-owned enterprises (SOEs) posted a milder decline in profits in the first half of this year as the economy showed signs of stabilization, official data showed Monday.

07-26-2016 10:12:21

Northeast SOEs to bear brunt of China's ownership reforms

China is mulling the first batch of pilot State-owned enterprises (SOEs) for mixed ownership reforms, and those in the country's northeast region are expected to be the highest on the agenda, Shanghai Securities News reported on Tuesday.

06-21-2016 15:23:06

PetroChina to be the first batch of SOE reform pilots

Recently, state-owned enterprises reforms are in full swing and PetroChina reform moves further. It’s reported that PetroChina would be one of the first batch of state-owned enterprises pilot reforms. After the reform, PetroChina would be a strategic holding company.

03-16-2016 15:10:43

Chongqing to weed out 200 zombie SOEs, incl. steelmakers

Chongqing city will take tough measures to phase out 200 zombie state-owned enterprises (SOEs), including steelmakers and coal producers.

02-15-2016 16:13:18

SOE profits down by 6.6% in Jan-Aug; Steel & coal sectors keep in the red

From January to August, the transportation, electronic, electricity and chemical industries alike saw a relatively large year-on-year growth in profit... and the steel, coal and ferrous sectors remained in the red.

09-30-2015 14:44:20

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