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China's oil product exports roughly stable in August

Guangzhou (JLC), September 8, 2025--Chinese oil companies kept their oil product exports largely stable in August 2025, according to the preliminary data released by the GACC.

09-08-2025 18:23:01

CNOOC starts up another oilfield project

Guangzhou (JLC), September 8, 2025--State-owned China National Offshore Oil Corporation (CNOOC) has launched production at the Wenchang 16-2 oilfield development project, the company announced on its

09-08-2025 14:07:05

China's fuel oil output drops to 8-month low in July

Guangzhou (JLC), September 4, 2025--China's fuel oil output dropped to an eight-month low in July 2025 when some refineries suffered more production losses because of unit maintenance.

09-04-2025 15:58:55

China's offshore heavy oil output from thermal recovery exceeds 5 mln mt

Guangzhou (JLC), September 2, 2025--China's cumulative output of offshore heavy oil thermal recovery has exceeded 5.00 million mt, becoming the world's first country to achieve large-scale thermal re

09-02-2025 18:45:43

Yanchang completes 90% of Yan'an crude oil tank farm

Guangzhou (JLC), September 1, 2025--Shaanxi Yanchang Petroleum has completed 90% of the construction of its new crude oil tank farm in Yan'an, the company said on its WeChat platform on August 20.

09-01-2025 19:12:53

What Hainan Free Trade Port may mean to China’s oil market

Guangzhou (JLC), August 30, 2025--Hainan in southern China will become an enclosed customs-controlled area as from December 18, 2025, amid China’s efforts to open up further to the world.

08-30-2025 18:18:38

Gas injection into Huabei Oilfield UGS cluster hits 2 bcm

Beijing (JLC), August 27, 2025--As of August 18, PetroChina had injected over 2 billion cubic meters (bcm) of natural gas into its Huabei Oilfield underground gas storage (UGS) cluster.

08-27-2025 10:44:14

China’s oil-extended SBS imports ascend but exports down in Jul

Shandong (JLC), August 25, 2025--In July, China's oil-extended SBS (40021914) imports rose by 153.69% month on month (MoM), but exports down by 5.04% MoM.

08-25-2025 00:00:00

Dagang Oilfield UGS cluster hits annual storage and withdrawal capacity of 3 bcm

Shandong (JLC), August 21, 2025--The annual storage and withdrawal capacity of Dagang oilfield underground gas storage (UGS) cluster reached over 3 billion cubic meters (bcm).

08-21-2025 18:11:28

China boosts fuel oil imports from most sources in July

Guangzhou (JLC), August 20, 2025--China boosted its fuel oil imports from most countries in July, with its total imports hitting a seven-month high, according to the data from the General Administrati

08-20-2025 18:48:22

Output of PetroChina Southwest Oil & Gasfield tops 70 bcm

Beijing (JLC), August 19, 2025--PetroChina Southwest Oil & Gasfield Company has surpassed 700 billion cubic meters (bcm) in cumulative natural gas production, source from the company said.

08-19-2025 15:25:40

China’s fuel oil imports rise to 7-month high in July

Guangzhou (JLC), August 18, 2025--China’s fuel oil imports rose to a seven-month high in July, which could be mainly ascribed to growing demand from independent refiners. The country imported 1.96 mi

08-18-2025 17:20:29

Measures for refined oil circulation not to make much impact on market

Guangzhou (JLC), August 8, 2025--China has lately released Measures for the Management of Refined of Circulation that will take effect on September 1, 2025, but this will not make much impact.

08-08-2025 16:29:25

China's oil product exports fall on month in July

Guangzhou (JLC), August 8, 2025--Chinese oil companies' oil product exports dropped month on month in July 2025, according to the preliminary data released by the GACC.

08-08-2025 15:25:17

Sinopec discovers first shale oil field in Sichuan Basin

Guangzhou (JLC), August 4, 2025--Sinopec has recently discovered geological reserves of about 20.10 million mt of oil and 12.35 billion cubic meters of natural gas in the Fuxing Oilfield in the Sichu

08-04-2025 18:27:09

China’s oil-extended SBS imports up but exports down in June

Shandong (JLC), July 31, 2025—In June 2025, China imported 343 mt of oil-extended SBS (40021914), up by 153.69% MoM, but down by 27.43% YoY.

07-31-2025 16:51:18

PetroChina Fuel Oil completes China's first ULSFO bunkering

Guangzhou (JLC), July 24, 2025--PetroChina Fuel Oil Company completed China's first ultra-low-sulfur fuel oil (ULSFO) bunkering at Shanghai Yangshan Port on July 24.

07-24-2025 19:00:16

CNOOC begins production at Kenli 10-2 oilfield (Phase I)

Guangzhou (JLC), July 23, 2025--State-owned China National Offshore Oil Corporation (CNOOC) announced on July 22 the commencement of production at Phase I of the Kenli 10-2 oilfield cluster developmen

07-23-2025 15:55:30

China’s fuel oil output climbs in June

Guangzhou (JLC), July 22, 2025--China’s fuel oil output climbed in June, because of increasing crude runs amid unit restarts.

07-22-2025 17:36:21

China’s fuel oil imports from Russia plunge in H1 2025

Guangzhou (JLC), July 21, 2025--China recorded a plunge in its fuel oil imports from Russia in the first half (H1) of this year, which could be attributed to weakening demand and relatively high impo

07-21-2025 16:53:23

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