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Bohai Oilfield to increase oil and gas output to 40 mln mt in 2025

Shandong (JLC), May 23, 2025--CNOOC aimed to raise the oil and natural gas production of its Bohai Oilfield to 40 million mt (mln mt) in 2025, the company announced on May 21.

05-23-2025 15:54:03

China cuts crude imports from Russia in Jan-Apr 2025

Guangzhou (JLC), May 20, 2025--China reduced its crude imports from Russia in the first four months of 2025, which could be ascribed to higher premiums amid tightening supply.

05-20-2025 14:23:34

Guangzhou Gas LNG terminal receives first cargo in 2025

Beijing (JLC), May 19, 2025--Guangzhou Gas unloaded 60,000 mt of LNG at its Guangzhou terminal on May 14, marking its first cargo receipt in 2025, according to Guangzhou Daily.

05-19-2025 17:08:39

China to cut fuel ceilings on May 20

Guangzhou (JLC), May 19, 2025--China will mark down its retail ceilings of gasoline and diesel on May 20, 2025 (Tuesday), as international crude prices have dropped over the past 10 working days.

05-19-2025 13:55:25

Huajin Aramco to complete petrochemical project by end of Sept 2025

Guangzhou (JLC), May 16, 2025--Huajin Aramco Petrochemical Company is striving to complete the construction of its fine chemicals and raw material project by the end of September 2025.

05-16-2025 16:57:14

Yanchang to complete construction of new crude oil tanks by Sept 2025

Guangzhou (JLC), May 15, 2025--Shaanxi Yanchang Petroleum plans to have the construction of its 1.0-million-cubic-meter (cbm) crude oil tank farm completed by September 2025.

05-15-2025 18:03:32

China records plunge in trade with U.S. in April 2025

Guangzhou (JLC), May 9, 2025--China recorded a year-on-year plunge in its trade with the United States (U.S.) in April 2025, after both countries imposed additional tariffs against each other.

05-09-2025 18:48:15

CNOOC's net profit drops 7.9% in Q1 2025

Guangzhou (JLC), April 30, 2025--CNOOC's net profit fell by 7.9% year on year in the first quarter (Q1) of 2025 amid lower oil prices, according to the company's quarterly report released on April 29.

04-30-2025 18:51:59

PetroChina's net profit grows 2.3% in Q1 2025

Guangzhou (JLC), April 30, 2025--PetroChina's net profit attributable to its equity shareholders rose by 2.3% year on year in the first quarter (Q1) of 2025.

04-30-2025 18:46:06

Sinopec's net profit plunges 27.6% in Q1 2025

Guangzhou (JLC), April 29, 2025--Sinopec's net profit attributable to its shareholders slumped by 27.6% year on year in the first quarter (Q1) of 2025 when oil product demand dropped.

04-29-2025 15:24:04

China's industrial profits grow 0.8% in Q1 2025

Guangzhou (JLC), April 27, 2025--Profits of China's major industrial firms increased 0.8% year on year in the first quarter (Q1) of 2025, reversing a 0.3% decrease in the first two months, data from t

04-27-2025 14:31:58

Interpretation of ABS supply and demand data in Q1 2025

Shandong (JLC), April 24, 2025--In the first quarter of 2025, China's domestic ABS output and exports hit new highs, while the apparent consumption increased but failed to keep pace with the output gr

04-24-2025 11:21:00

China’s toluene exports rise in Q1 2025

Shandong (JLC), April 23, 2025—China’s toluene exports totaled 224,300 mt in the first quarter of 2025, a rise of 91,800 mt or 69.3% year on year. Among them, the exports of toluene in January totaled

04-23-2025 15:50:51

China’s crude output hits new high in March 2025

Guangzhou (JLC), April 22, 2025--China's crude output hit a new high of 19.03 million mt in March 2025, a boost of 3.5% from the same month in 2024, according to data from the NBS.

04-22-2025 11:42:50

China's crude imports from Canada surge in Jan-Mar 2025

Guangzhou (JLC), April 21, 2025--China's crude imports from Canada surged year on year in the first three months of 2025, according to the data released by the GACC.

04-21-2025 16:20:46

CIMC SOE wins fifth order for 20,000 cbm LNG bunkering vessel

Beijing (JLC), April 18, 2025--Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) secured an order for a 20,000 cubic meter (cbm) LNG bunkering vessel from a European shipowner.

04-18-2025 10:35:09

China’s PP capacity to extend gains in 2025

Shandong (JLC), April 1, 2025—China’s PP capacity continued to increase 2025 amid potential margins.

04-17-2025 17:24:51

China’s SBR imports and exports analysis in Jan-Feb 2025

Shandong (JLC), April 17, 2025--During January-February, China's SBR imports up 61.44% year on year, and exports up 35.52% year on year.

04-17-2025 00:00:00

Q1 PP granules output up 11.20% on year

In the first quarter of 2025 (Q1, 2025) was 9.51 million mt, up 11.20% year on year.

04-16-2025 19:18:12

China's GDP grows 5.4% in Q1 2025

Guangzhou (JLC), April 16, 2025--China's gross domestic product (GDP) expanded by 5.4% year on year in the first quarter (Q1) of 2025, according to the latest data released by the NBS.

04-16-2025 16:37:21

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