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Coal-based methanol plants suffer losses in Sep

The coal-based methanol plants ran at a loss from the first half of September, due to the lower methanol price and higher coal cost.

09-19-2024 18:15:09

Coke-oven gas-based methanol units run rates go range-bound in early Sep

Shandong (JLC), September 18, 2024—The operating rate of China’s coke-oven gas-based methanol units went range-bound in early September.

09-18-2024 15:20:36

Largest natural gas storage base in South China completed

Beijing (JLC), September 2, 2024--CNOOC completed the phase II project of its Zhuhai Jinwan LNG terminal on August 30, making it the largest natural gas storage base in South China, the company announ

09-02-2024 17:46:57

Largest gas storage base in Yulin makes progress

Beijing (JLC), July 15, 2024--Beijing Petrochemical Engineering Co., Ltd. completed roofs of two LNG tanks at the largest gas storage base in Yulin on July 14, the company said on its WeChat official

07-15-2024 17:49:01

Contract signed for Baihushan LNG storage base

Beijing (JLC), June 5, 2024--Wuhan Energy Reserve and Distribution Investment Co., Ltd. signed a contract with Hubei Minsheng Liquefied Petroleum Gas Limited for the construction of Baihushan LNG stor

06-05-2024 17:05:48

Coal-based methanol producers see meager margins in late May

Shandong (JLC), May 24, 2024—Coal-based methanol producers faced narrowing margins in late May amid lower methanol offers and higher feedstock prices.

05-24-2024 17:40:30

Trafigura and SPG inaugurate Shandong-based JV

Guangzhou (JLC), November 16, 2023 – Global trading giant Trafigura and Shandong Port Group (SPG) inaugurated their joint venture (JV) in Qingdao, Shandong province on November 15.

11-16-2023 17:17:01

Tarim Basin becomes China’s largest ultra-deep oilfield production base

Guangzhou (JLC), September 4, 2023 – Tarim Basin in Xinjiang Uygur Autonomous Region has become China’s largest ultra-deep oilfield base.

09-04-2023 18:49:33

PDH-based PP margins down undermined by rising propane

Shandong (JLC), August 22, 2023--Production margins of PDH-fed PP producers moved downward in past days of August, broadly caused by rising prices of feedstock propane.

08-22-2023 15:08:30

PDH-based PP gets cost-side advantages on lower propane price

PDH-based PP products have advantages in production cost affected by the decline in propane price. Propane prices plunged after slight rises in the first half of 2023.

07-12-2023 18:02:43

China launches new CNY-based bonded bunker assessments

Guangzhou (JLC), June 25, 2023 – China has launched on June 20 its new CNY-based bonded bunker assessments, which are now published on the website of Shanghai Petroleum and Natural Gas Exchange.

06-25-2023 17:54:11

SW China's biggest rubberized asphalt manufacturing base starts operation

Guangzhou (JLC), June 21, 2023--Guangxi Transportation Science and Technology Group put its rubberized asphalt manufacturing base into operation on June 16, 2023.

06-21-2023 19:17:54

Sinochem starts up South China’s largest third-party oil product transit base

Guangzhou (JLC), June 15, 2023--Sinochem Zhuhai Petrochemical Storage and Transportation (Sinochem Zhuhai) put its phase III project into operation on May 30, making the whole project the largest thir

06-15-2023 15:59:32

Coal-based methanol units face low profits, despite falling coal prices

Shandong (JLC), May 11, 2023—China’s coal-methanol enterprises mostly suffered from margins losses in January-April, though coal prices continued to fall in the stint.

05-11-2023 17:09:56

Shandong-based independents’ refining margins still plunge in early Apr

Guangzhou (JLC), April 7, 2023--Shandong-based independents’ refining margins for imported crude continued to plunge in early April when import costs surged sharply.

04-07-2023 10:48:43

Shandong-based independents’ refining margins plunge in late Mar

Guangzhou (JLC), March 29, 2023--Shandong-based independents’ refining margins for imported crude fell back from the previous high in late March, as import costs increased and downstream product pric

03-29-2023 19:04:44

Shandong-based independents’ refining margins drop on higher costs

Guangzhou (JLC), March 9, 2023--Shandong-based independents’ refining margins for both imported and domestic crude rolled back this week, mainly due to cost inflation.

03-09-2023 11:57:40

Shandong-based independents find better refining margins

Guangzhou (JLC), March 2, 2023--Shandong-based independents found more considerable margins for crude refining this week when crude costs fell while downstream fuel prices grew.

03-02-2023 14:13:29

Coal-based methanol units face narrower losses on slipping coal prices

Shandong (JLC), March 1, 2023—The margin loss of coal-based methanol units narrowed but the cost pressure lingered.

03-01-2023 17:56:48

Shandong-based independents’ refining margins surge faster

Guangzhou (JLC), February 1, 2023--Shandong-based independents’ refining margins for imported crude surged much faster this week, because of a further rise in downstream product prices and a reduction

02-01-2023 19:23:04

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