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China INE crude price surges on new US sanctions against Russia

Guangzhou (JLC), January 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Monday, mainly supported by new US sanctions against Russia.

01-13-2025 19:14:03

Sinopec Tahe's jet fuel delivery hits new high in 2024

Guangzhou (JLC), January 9, 2025--Sinopec Tahe Refining & Chemical's jet fuel delivery set a historical high in 2024 on the back of surging demand in the Xinjiang region.

01-09-2025 18:58:51

Sinopec Yanshan's jet fuel exports surge to new high in 2024

Guangzhou (JLC), January 7, 2025--Sinopec Yanshan Petrochemical's jet fuel exports surged 25.93% to a new record of over 800,000 mt in 2024, the company said on December 31, 2024.

01-07-2025 13:43:44

PetroChina Karamay Petrochemical’s jet sales hit new high in 2024

Guangzhou (JLC), January 6, 2025--As of December 24, PetroChina Karamay Petrochemical in Xinjiang tallied 364,000 mt of jet fuel sales in 2024, which set a record high, PetroChina said on December 31.

01-06-2025 18:03:58

Sinopec replaces Luoyang Petrochemical with new subsidiary

Guangzhou (JLC), January 3, 2025 – Sinopec’s new subsidiary – Henan Refining & Chemical Co., Ltd. – officially began operation on January 1, 2025, replacing its predecessor Sinopec Luoyang.

01-03-2025 18:33:47

China synthetic ammonia imports record new low in Nov

Shandong (JLC), December 31, 2024--The November synthetic ammonia imports in China refreshed a new low in past two years, due to sufficient supply caused by rising capacity.

12-31-2024 17:04:16

Sinopec Shanghai's jet fuel production and sales set new high

Guangzhou (JLC), December 27, 2024--As of December 20, Sinopec Shanghai Petrochemical's jet fuel production and sales both reached a historical high in 2024, Sinopec reported.

12-27-2024 14:42:48

Xiangguosi UGS starts new round of gas supply

Beijing (JLC), November 21, 2024--Xiangguosi underground gas storage (UGS) began supplying gas on November 20, its operator PetroChina southwest Oilfield Company announced on its official WeChat accou

11-21-2024 17:58:09

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

China continues to make headway in renewables

Guangzhou (JLC), November 4, 2024 – Power generated from renewable energy sources gained 20.9% year on year to 2.51 trillion kilowatt-hours (or 2,510 TWh) in China.

11-04-2024 19:02:07

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

New energy trucks now a new rival to diesel models

Guangzhou (JLC), October 24, 2024 –Domestic sales of new energy heavy-duty trucks (mostly electric trucks) surged in September, as the trend of electrification gained more popularity not just in cars.

10-24-2024 19:02:46

PetroChina Lanzhou's jet fuel output sets new high in Jan-Sept

Guangzhou (JLC), October 16, 2024--PetroChina Lanzhou Petrochemical's jet fuel production hit a record high in the first nine months of 2024, China News reported on its official website on October 10.

10-16-2024 18:01:14

China's foreign trade hits new high in first three quarters

Guangzhou (JLC), October 15, 2024--China's foreign trade reached a historical high in the first three quarters of 2024, according to the latest data from the GACC.

10-15-2024 17:28:50

Highway EV charging volume hits new high during National Day holiday

Guangzhou (JLC), October 12, 2024--The electric vehicle (EV) charging volume in China’s highway service areas hit about 72.15 million kilowatt-hours (KWH) during the National Day holiday (October 1-7)

10-12-2024 18:52:29

New quotas to allow relatively high oil product exports in Q4

Guangzhou (JLC), September 23, 2024--The recent release of China’s third batch of quotas on clean oil products will enable Chinese oil companies to have relatively high exports in Q4.

09-23-2024 18:16:39

China’s August naphtha imports rise to year’s new high

Guangzhou (JLC), September 18, 2024--China's naphtha imports hit 1.35 million mt in August, with the daily volume at about 379,000 barrels, a new high year-to-date, according to GACC data.

09-18-2024 15:38:40

New maleic anhydride unit comes online in Shandong

Beijing (JLC), September 12, 2024--On August 26, the maleic anhydride unit of Sinopec Qingdao Refining & Chemical with a capacity of 200,000 mt/yr officially came online.

09-12-2024 17:58:42

New iso-butane dehydrogenation units emerge amid good margins

Beijing (JLC), August 29, 2024--Iso-butane dehydrogenation process is seeing a batch of new units coming online in 2024-2025 amid fair margins.

08-29-2024 15:22:02

Yanchang Petroleum to build new CDU for integrated project

Guangzhou (JLC), August 28, 2024 – State-backed Shaanxi Yanchang Petroleum Group planned to build a new crude distillation unit (CDU) of 10 million mt/yr (200,000 barrels per day).

08-28-2024 17:39:52

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