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China to hike fuel ceilings on April 3

Guangzhou (JLC), April 2, 2025--China will raise its retail ceilings of gasoline and diesel on April 3, 2025 (Thursday), as international crude prices have rebounded over the past 10 working days.

04-02-2025 11:52:11

Construction of Banshen 37 UGS facility started

Beijing (JLC), March 31, 2025--PetroChina Dagang Oilfield Company started drilling of Kuping 7-4 well at the Banshen 37 underground gas storage (UGS) on March 27, a market source said.

03-31-2025 15:51:46

Dagang oilfield UGS cluster supplies over 2 bcm of gas in heating season

Shandong (JLC), March 20, 2025--PetroChina withdrew over two billion cubic meters (bcm) of natural gas from its Dagang oilfield underground gas storage (UGS) cluster in the 2024-2025 heating season.

03-20-2025 18:18:23

China to cut fuel ceilings on March 20, third time in a row

Guangzhou (JLC), March 19, 2025--China will cut its retail ceilings of gasoline and diesel on March 20, 2025 (Thursday), the third time in a row, as international crude prices have extended losses.

03-19-2025 18:06:35

Low PP price drags down recycled PP quotation

03-13-2025 17:52:26

China to cut fuel ceilings on March 6, second time in 2025

Guangzhou (JLC), March 5, 2025--China will cut its retail ceilings of gasoline and diesel on March 6, 2025 (Thursday), the second time in 2025, as international crude prices have extended losses over

03-05-2025 14:17:15

Yangshan Port sees its first dual-vessel LNG bunkering

Guangzhou (JLC), February 25, 2025--Shanghai Yangshan Port achieved a milestone on February 22, as two LNG bunkering vessels simultaneously refueled two large international container ships at Shengdo

02-25-2025 19:02:33

China INE crude price extends losses after US oil rigs rise

Guangzhou (JLC), February 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Monday due to rising US oil rig count and the prospect of growing

02-24-2025 18:56:22

China to cut fuel ceilings on February 20

Guangzhou (JLC), February 19, 2025--China will cut its retail ceilings of gasoline and diesel on February 20, 2025, as international crude prices have retreated over the past 10 working day.

02-19-2025 14:15:36

China to hike fuel ceilings on Jan 17, second time in 2025

Guangzhou (JLC), January 16, 2025--China will hike its retail ceilings of gasoline and diesel on January 17, 2025 (Friday), the second time in 2025, as crude prices have extended gains.

01-16-2025 14:24:14

CNOOC brings another oilfield development project on stream

Guangzhou (JLC), January 8, 2025--State-owned China National Offshore Oil Corporation (CNOOC) announced the commencement of production at the Panyu 11-2 oilfield/Panyu 10-1 oilfield/Panyu 10-2 oilfiel

01-08-2025 14:48:39

China INE crude price rises further after US oil rigs dip

Guangzhou (JLC), January 6, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday following a dip in the US oil rig count and stronger-th

01-06-2025 18:49:03

China to raise fuel ceilings modestly on January 3, 2025

Guangzhou (JLC), January 2, 2025--China will raise its retail ceilings of gasoline and diesel modestly on January 3, 2025 (Friday), as crude prices have gone up over the past 10 working days.

01-02-2025 11:09:15

Yaha UGS starts first round of gas supply

Shandong (JLC), December 26, 2024--Yaha underground gas storage (UGS) facility began its first round of natural gas supply on December 23, according to China Daily.

12-26-2024 13:44:19

CHIMBUSCO completes first biofuel bunkering in Jiangsu

Guangzhou (JLC), December 18, 2024--Chimbusco completed a B24 biofuel bunkering operation in Lianyungang City, Jiangsu Province, on December 12, which was the first time for Chimbusco to supply marin

12-18-2024 18:47:58

Tongluoxia UGS facility comes online

Beijing (JLC), December 18, 2024--Tongluoxia underground gas storage (UGS) facility was put into operation on December 16, according to Chongqing Daily.

12-18-2024 16:34:13

Huangcaoxia UGS facility completes construction

Beijing (JLC), November 28, 2024--The gas withdrawal unit of Huangcaoxia underground gas storage (UGS) facility entered operation successfully on November 25.

11-28-2024 14:41:03

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

Towngas Jintan UGS completes 2024 gas injection cycle

Beijing (JLC), November 15, 2024-- Towngas Jintan underground gas storage(UGS) facility completed its 2024 gas injection cycle on October 30.

11-15-2024 11:54:15

China to trim fuel ceilings on November 7

Guangzhou (JLC), November 6, 2024--China will cut its retail ceilings of gasoline and diesel on November 7, 2024 (Thursday), after two consecutive price hikes, as international crude prices have retre

11-06-2024 14:06:19

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