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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

Wen 23 UGS takes in 2.65 bcm of gas in 2024

Beijing (JLC), October 23, 2024--Wen 23 underground gas storage (UGS) has taken in 2.65 billion cubic meters (bcm) of natural gas, exceeding its gas injection target for 2024, a source from its operat

10-23-2024 12:14:36

China to raise fuel ceilings on October 24, second time in a row

Guangzhou (JLC), October 23, 2024--China will raise its retail ceilings of gasoline and diesel on October 24, 2024 (Thursday), the second time in a row, as crude prices have gone up.

10-23-2024 11:40:03

Jiangsu Guoxin starts construction of LNG jetty

Beijing (JLC), October 14, 2024--Jiangsu Guoxin commenced the construction of an LNG jetty in Rudong County on October 10, which is the third LNG jetty in Nantong city of eastern China’s Jiangsu Provi

10-14-2024 17:43:40

China to raise fuel ceilings on October 11, first time in three months

Guangzhou (JLC), October 10, 2024--China will raise its retail ceilings of gasoline and diesel on October 11, 2024 (Friday), as crude prices have rallied over the past 10 working days.

10-10-2024 11:18:32

Tangshan LNG terminal phase II brings online four storage tanks

Shandong (JLC), September 26, 2024--The construction of the first stage of Suntien Tangshan LNG terminal phase II was completed on September 21.

09-26-2024 15:38:39

Yulong Island brings phase-I refining project online

Shandong (JLC), September 26, 2024--Yulong Island phase-I 10 mln mt/yr refining project (II series) was put into operation on September 25, an important step for Yantai petrochemical industry structur

09-26-2024 14:34:48

China to see year’s largest cut in fuel ceilings on Sept 21

Guangzhou (JLC), September 20, 2024--China will cut its retail ceilings of gasoline and diesel again on September 21, 2024 (Saturday), as crude prices have extended drops over the past 10 working day

09-20-2024 14:29:48

China’s bonded bunker fuel market sags in August

Guangzhou (JLC), September 14, 2024--China’s bonded bunker fuel market sagged in August, mainly due to a plunge in international crude prices.

09-14-2024 18:04:17

Huabei oilfield UGS cluster takes in 2 bcm of gas

Beijing (JLC), September 6, 2024--As of August 30, PetroChina has injected over two billion cubic meters (bcm) of natural gas into its Huabei oilfield underground gas storage (UGS) cluster, a market s

09-06-2024 10:50:56

China to cut fuel ceilings on September 6

Guangzhou (JLC), September 5, 2024--China will cut its retail ceilings of gasoline and diesel on September 6.

09-05-2024 18:38:35

Daily injection to Hutubi UGS hits record high

Beijing (JLC), August 15, 2024--The daily injection to Hutubi underground gas storage (UGS) hit a record high of 26 million cubic meters (mln cbm) on August 15, its owner PetroChina Xinjiang Oilfield

08-15-2024 14:03:11

Wenjisang UGS cluster takes in 1.05 bcm of gas

Beijing (JLC), August 12, 2024--As of August 9, Wenjisang underground gas storage (UGS) cluster, owned by PetroChina Tuha Oilfield Company, has taken in about 1.05 billion cubic meters (bcm) of natura

08-12-2024 17:51:16

China to see year’s largest cut in fuel ceilings on August 9

Guangzhou (JLC), August 8, 2024--China will cut its retail ceilings of gasoline and diesel on August 8, 2024, as international crude prices have dropped further over the past 10 working days.

08-08-2024 18:56:46

Yangshan Port’s bonded bunker sales soar in H1 2024

Guangzhou (JLC), July 30, 2024--Shanghai Yangshan Port’s bonded fuel oil and bonded LNG sales soared significantly in the first half (H1) of this year, according to industry sources.

07-30-2024 18:55:22

China to cut fuel ceilings on July 26

Guangzhou (JLC), July 25, 2024--China will cut its retail ceilings of gasoline and diesel on July 26, 2024 (Friday), as international crude prices have retreated over the past 10 working days.

07-25-2024 11:54:54

Q2 EVA profit contraction drags down operating rate

Shandong (JLC), Jul 24, 2024—In Q2 2024, profits of EVA enterprises sharply contracted, plummeting by 69.2% compared to the same period last year.

07-24-2024 17:24:53

Injection into Sudong 39-61 UGS exceeds 0.5 bcm

Beijing (JLC), July 22, 2024--As of July 17, PetroChina Changqing Oilfield Company has injected about 0.5 billion cubic meter (bcm) of gas into its Sudong 39-61 underground gas storage (UGS) facility

07-22-2024 17:33:48

China to hike fuel ceilings on July 12

Guangzhou (JLC), July 11, 2024--China will hike its retail ceilings of gasoline and diesel on July 12, 2024 (Friday), following a further rise in international crude prices over the past ten working d

07-11-2024 13:57:28

Sinopec injects over 50 mln cbm of gas into Qingxi UGS

Beijing (JLC), July 2, 2024--As of June 25, Sinopec has injected 58.64 million cubic meters (mln cbm) of natural gas into its Qingxi underground gas storage (UGS), completing 74% of its annual task, a

07-02-2024 12:22:37

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