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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's apparent gasoline consumption drops 4.3% in April

Guangzhou (JLC), May 21, 2025--China's daily apparent consumption of gasoline fell by 4.30% month on month in April 2025 because of lower production.

05-21-2025 18:18:23

PetroChina Guangxi completes 400,000 mt/yr aromatics extraction unit

Guangzhou (JLC), April 24, 2025--PetroChina Guangxi Petrochemical completed the construction of a 400,000 mt/yr aromatics extraction unit on April 20, China News reported on April 22.

04-24-2025 18:57:52

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

China to impose additional 34% tariff on all goods from U.S.

Guangzhou (JLC), April 4, 2025--China will impose an additional 34% tariff on all the goods imported from the U.S., effective from April 10, in response to the additional tariff imposed by the U.S.

04-04-2025 21:15:22

PetroChina’s net profit sets new high in 2024

Guangzhou (JLC), March 31, 2025--PetroChina’s net profit attributable to its equity shareholders set a new high in 2024, mainly because of lower costs, despite slightly lower sales revenue.

03-31-2025 18:27:04

CNOOC's net profit surges 11.4% in 2024

Guangzhou (JLC), March 27, 2025--CNOOC’s net profit surged by 11.4% year on year in 2024 on the back of production growth and cost reduction, according to the company’s annual report released on March

03-27-2025 19:11:07

Sinopec discovers over 140 mln mt of shale oil reserves

Guangzhou (JLC), March 26, 2025--Sinopec discovered over 140 million mt of shale oil reserves in the Xinxing Oilfield in the Shengli Jiyang Shale Oil National Demonstration Zone on March 22, with the

03-26-2025 19:04:44

Sinopec's net profit slumps 16.8% in 2024

Guangzhou (JLC), March 24, 2025--Sinopec's net profit attributable to its shareholders plunged by 16.8% in 2024, mainly due to decreasing prices of most products and shrinking sales of some products.

03-24-2025 16:24:31

China's apparent consumption of diesel drops 4.12% in Jan-Feb

Guangzhou (JLC), March 21, 2025--China's apparent consumption of diesel dropped year on year in the first two months of 2025 when its production declined significantly amid seasonally weak demand.

03-21-2025 16:03:42

World’s first 24,000 TEU LNG dual-fuel container ship completes mooring and sea trials

Shandong (JLC), March 14, 2025--The 24,000 TEU LNG dual-fuel ultra-large container ship (H1904A), the largest one in the world, completed mooring and sea trials on March 8.

03-14-2025 18:10:38

China elevates butyl rubber exports in 2024

Shandong (JLC), March 13, 2025--China increased exports of butyl rubber in 2024, in line with rising domestic output and warming demand overseas.

03-13-2025 17:20:09

Global natural rubber output rises in 2024

Shandong (JLC), March 13, 2025—The global natural rubber output in 2024 totaled 14.855 million mt, a rise of 3.52% year on year. The comparatively high natural rubber price drove up rubber farmers’ ta

03-13-2025 15:28:30

Sinopec Zhongke exports 12,400 mt of jet fuel via processing trade

Guangzhou (JLC), March 10, 2025--Sinopec Zhongke (Guangdong) Refinery & Petrochemical recently delivered 12,400 mt of jet fuel to the customs-supervised tanks at Shenzhen Bao’an International Airport,

03-10-2025 15:59:45

China’s crude imports drop 3.43% in first two months

Guangzhou (JLC), March 7, 2025--China imported a total of about 83.85 million mt of crude oil in the first two months of 2025, down 4.45 million mt from the corresponding months in 2024.

03-07-2025 12:39:22

China elevates acrylonitrile exports in 2024

Shandong (JLC), March 4, 2025--China acrylonitrile exports increased in 2024, benefitting from oversupply and lower domestic prices.

03-04-2025 09:07:15

China MX supply keeps rising in 2024

Shandong (JLC), March 4, 2025--China MX supply extended an uptrend in the previous year, as MX capacity, output together with imports moved upward.

03-04-2025 09:05:01

PTA producers facing losses since 2024 on cost pressures

Shandong (JLC), February 27, 2025--The PTA market, undermined by costs, has seen enterprise losses persist since 2024.

02-28-2025 11:01:00

Changes of China’s standard rubber imports in 2020-2024

Shandong (JLC), February 27, 2025--TSNR (technically specified natural rubber) (HS code: 40012200) hereinafter referred to as standard rubber, natural rubber and mixed rubber (HS code: 40028000) are m

02-27-2025 17:20:15

China MEG imports down but exports up in 2024

Shandong (JLC), February 25, 2025--China MEG imports decreased, but exports rose in 2024, according to customs statistics.

02-25-2025 00:00:00

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