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China issues draft regulations on domestic oil product circulation

Guangzhou (JLC), June 12, 2023 – The Ministry of Commerce (MOC) has issued on June 12 the draft of Measures for the Administration of Circulation of Refined Oil Products.

06-12-2023 19:01:30

Tighter regulations to make major impact on China diesel market

Guangzhou (JLC), November 10, 2022--China will categorize all types of diesel as hazardous chemicals from January 1, 2023, regardless of the flash point.

11-10-2022 16:28:17

China's July kerosene output hits 11-month low on new regulation

Guangzhou (JLC), August 20, 2021-China’s kerosene output retreated sharply month on month to an 11-month low in July, depressed by the country’s new regulation and weak demand.

08-20-2021 17:38:53

Shandong independents' run rates slip on maintenance, tightening regulations

Guangzhou (JLC), August 4, 2021--Shandong-based independent refiners’ operating rates slipped further this week, due to unit maintenance and tightening regulations.

08-04-2021 18:07:24

New tax regulation to hit China's jet fuel production

Guangzhou (JLC), June 24, 2021--China’s State Taxation Administration (STA) has released a new regulation on the sale of and tax on jet fuel, to bring the sale of jet fuel under control and strengthen taxation in the trading sector, which will hit the country's jet fuel production.

06-24-2021 15:45:51

Guangdong tightens safety regulations on liquid chemicals after fires

Beijing (JLC), April 16, 2021--Guangdong’s Maoming City issued a notice April 14 about inspections at enterprises that are involved in the loading and unloading of liquid chemical products, following a few fires at oil depots earlier this month.

04-16-2021 17:35:42

China likely to step up regulation on imported LCO

Guangzhou (JLC), April 8, 2021-China is likely to strengthen the regulation on imported light cycle oil (LCO), as increasing LCO and illegal oil blending with the feedstock has created a great disturbance in the market.

04-08-2021 18:43:40

China abolishes oil market regulations to deepen reforms

China has abolished its oil product and crude oil market regulations to deepen market reforms and improve its business environments.

07-06-2020 11:51:50

Regulation on oil tax to hit market sentiment

Chinese government enhanced the regulation on refined oil consumption tax in early 2018.

01-31-2019 09:35:10

Chinese government enhances regulation on crude, refined oil market

Chinese government enhances regulation on crude, refined oil market.

01-31-2019 09:25:35

China’s new regulations on oil product consumption tax in review

China’s State Administration of Taxation (SAT) announced tighter regulations on oil product consumption tax in early January and implemented the regulations on March 1, which has made some impacts on the domestic oil market.

04-23-2018 17:54:19

New excise regulations proceed as scheduled despite VAT delay

China’s new regulations regarding consumption taxes on oil products came into effect as scheduled on March 1, though the country will postpone the practice of the new value-added tax (VAT) audit system from March 1 to May 1.

03-01-2018 13:47:04

China new consumption tax regulations hit MX market

China MX market suffered great influences from gasoline blending market, due to the new regulations over the levy of consumption tax on refined oil.

01-19-2018 17:57:04

Domestic gasoline prices surge on new tax regulations

Gasoline prices in the Chinese market have surged this month, largely because of the country’s new regulations over the levy of consumption taxes on refined oil.

01-16-2018 09:31:37

China enhances the regulation on oil products market

In mid-June, the State Administration for Industry and Commerce issued "2017 National Industry and Commerce and Market Supervision Departments to Hit Infringing upon Intellectual Property Rights and Manufacturing Fake and Shoddy Goods Work'.

06-21-2017 16:51:36

Many Shandong bunker oil companies to be eliminated amid stricter environmental regulation

Regulation on illegal bunker oil companies becomes stronger in Linzi District of Zibo City in 2017. It is recorded that a meeting on comprehensively regulating the general chemical storage companies in Linzi District was held on March 7th, and about 390 companies need transformation and

04-11-2017 15:27:13

Regulation of low-sulfur fuel would reshuffle the shipbuilding and refining industries

BMI’s researches showed, the newly-issued sulfur content regulations on vessel fuel of International Marine Organization (IMO) would erode the demand for high-sulfur fuel oil, and also stimulate the refineries to upgrade the transformation and desulfuration capacity.

03-23-2017 18:02:08

The 276 workday regulation likely to be loosened to address tight coal supply

With the year drawing to the end, coal capacity reduction has entered homestretch. The National Development and Reform Commission (NDRC) said on October 25th that this year’s coal overcapacity cut target could be achieved beforehand.

10-26-2016 17:11:11

Diesel market to suffer the most severe freight regulations

‘About the opinions to further strengthen truck’s illegal modification and oversize and overload management work’ was jointly issued by the Ministry of Transport, the Ministry of Industry and Information Technology, the Ministry of Public Security, State Administration for Industry

10-17-2016 16:54:22

Influence of newly issued “Regulation” on zinc oxide industry

Road Administration Regulation on Overloading Transportation Vehicles (hereinafter referred to as Regulation) was carried out on September 21st, which aims at ensuring the traffic security and protecting people’s life and property by strengthening the governance on overloading vans.

09-29-2016 11:39:41

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