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China's oil product exports plunge in October

Guangzhou (JLC), November 10, 2024--Chinese companies' oil product exports plunged in October, which could be ascribed to short quotas towards the end of the year.

11-10-2024 15:09:21

China INE crude price range-bound on mixed factors

Guangzhou (JLC), November 8, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) moved sideways on Friday, supported by production losses in the US Gulf and the Fe

11-08-2024 17:58:02

China’s fuel prices rise on stronger crude

Guangzhou (JLC), November 8, 2024--Domestic wholesale gasoline and diesel prices rose modestly in early November, as international crude prices strengthened and diesel demand stayed relatively strong

11-08-2024 16:59:50

Shandong independents unload more feedstock in October

Guangzhou (JLC), November 8, 2024--Shandong-based independent refiners unloaded more imported feedstock in October, as their consumption increased amid unit restarts and growing gasoline demand.

11-08-2024 14:21:04

Crude stocks at Shandong ports rebound as unloading outpaces delivery

Guangzhou (JLC), November 7, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in the week to November 7 as cargo unloading outpaced delivery.

11-07-2024 20:03:18

Independents’ refining margins for imported crude slip modestly

Guangzhou (JLC), November 7, 2024--Shandong-based independents’ refining margins for imported crude slipped modestly in early November, as crude costs gained more ground than sales revenue.

11-07-2024 18:03:03

Sinopec Maoming puts new crude pipeline into operation

Guangzhou (JLC), November 7, 2024--Sinopec Maoming Petrochemical started to transport oil through the crude oil pipeline of the Bohe New Port to Maoming Oil Pipeline Project on October 31, marking the

11-07-2024 16:25:44

Sinopec signs 15-year LNG supply contract with TotalEnergies

Beijing (JLC), November 6, 2024--Sinopec signed a Heads of Agreement (HoA) with TotalEnergies for long-term LNG supply at the China International Import Expo on November 4.

11-06-2024 18:19:02

Shandong independents' run rates rebound slightly

Guangzhou (JLC), November 6, 2024--Shandong independent refiners' operating rates rebounded slightly in the week to November 6.

11-06-2024 17:24:38

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

Shandong independents' run rates inch higher in October

Guangzhou (JLC), November 6, 2024--Shandong-based independent refiners' operating rates edged higher in October on the back of a unit restart.

11-06-2024 10:43:28

China INE crude price continues rising

Guangzhou (JLC), November 5, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Tuesday due to a delay to OPEC+ output hike, but was limited by

11-05-2024 19:00:16

China LNG prices fall in October

Beijing (JLC), November 5, 2024--China LNG prices averaged CNY4,966/mt in October, a month-on-month drop of CNY189/mt or 3.7%, JLC data showed.

11-05-2024 15:13:46

China INE crude price rises further on lingering geopolitical risks

Guangzhou (JLC), November 1, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Friday following reports that Iran is preparing a strike on I

11-01-2024 19:11:49

PIL’s first LNG container vessel completes its bunkering

Beijing (JLC), November 1, 2024--PIL’s first LNG-powered container vessel “Kota Eagle” completed its first ship-to-ship bonded LNG bunkering at Shanghai Yangshan Port on October 26.

11-01-2024 10:56:17

China sees SAF and green methanol demonstration project breaking ground

Beijing (JLC), November 1, 2024--The first phase of the SAF and green methanol demonstration project utilizing wind, solar, hydrogen, and biomass resources came under construction on October 14.

11-01-2024 09:39:44

China INE crude price rallies on stronger Chinese economic data

Guangzhou (JLC), October 31, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) recouped some losses on Thursday following improving economic data from China and

10-31-2024 18:33:46

Supply of Shaanxi-Beijing gas pipeline hits 700 bcm mark

Beijing (JLC), October 31, 2024--As of October 30, the Shaanxi-Beijing pipeline system has transported more than 700 bcm of natural gas, it operator PipeChina said on its official WeChat account.

10-31-2024 18:07:00

Crude stocks at Shandong ports drop on low unloading

Guangzhou (JLC), October 31, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped further in the week to October 31 when unloading was low, though consumption slowed down.

10-31-2024 17:36:02

Oct PTA output to rise on high operating rates

Shandong（JLC）, October 31, 2024—China’s PTA units operating rates remained high in October, which led to rising monthly output.

10-31-2024 16:46:20

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