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Sinopec launches asphalt export to Tonga

Guangzhou (JLC), December 24, 2024--Sinopec recently exported 100 mt of asphalt to Tonga for the first time, marking a breakthrough in the continuous development of the Oceania asphalt market, Sinopec

12-24-2024 15:12:11

PetroChina Guangdong receives over 20 mln mt of crude in 2024

Guangzhou (JLC), December 23, 2024--As of December 19, PetroChina Guangdong Petrochemical has received about 20.67 million mt of crude oil via its crude terminal in 2024.

12-23-2024 19:22:08

China’s oil demand to peak around 2027: Sinopec

Guangzhou (JLC), December 23, 2024 – China's oil consumption is expected to peak around 2027, according to Sinopec’s China Energy Outlook 2060 (2025 version).

12-23-2024 18:37:05

China’s PDH unit operating rate moves up further

Beijing (JLC), December 23, 2024--China’s PDH unit operating rate moved up further by 3.26 percentage points in the week ending December 19 (Thursday).

12-23-2024 18:09:40

China INE crude price retreats on prospect of 2025 oil glut

Guangzhou (JLC), December 20, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday amid expectations of an oversupply in 2025.

12-20-2024 17:51:11

CSSC Hudong Zhonghua delivers LNG carrier “Greenergy Pearl”

Beijing (JLC), December 20, 2024--CSSC Hudong Zhonghua Shipbuilding Co., Ltd. delivered a 174,000 cubic meter LNG carrier, “Greenergy Pearl”, on December 18, eight months ahead of schedule.

12-20-2024 15:29:10

Sinopec Qilu Petrochemical begins upgrading its refinery

Guangzhou (JLC), December 20, 2024 – Sinopec Qilu Petrochemical started to construct its upgrade project on December 19, Sinopec announced at a ceremony held in Zibo on Thursday.

12-20-2024 14:52:04

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), December 19, 2024--Shandong-based independents’ refining margins for imported crude retreated this week, due to a rally in crude costs, despite a slight increase in sales revenue.

12-19-2024 14:25:58

Shandong independents' run rates drop amid unit shutdown

Guangzhou (JLC), December 18, 2024--Shandong independent refiners' operating rates fell considerably in the week to December 18 due to unit shutdown.

12-18-2024 18:13:18

Sinopec and PetroChina to tally drops in 2024 crude runs

Guangzhou (JLC), December 17, 2024--Both Sinopec and PetroChina are expected to tally a drop in their crude throughput in 2024, as demand for some products, particularly diesel, has dropped.

12-17-2024 18:31:59

Sinopec Anqing begins supplying battery-grade petcoke

Guangzhou (JLC), December 17, 2024 – Sinopec Anqing Petrochemical on December 13 supplied the first batch of high-end petroleum coke (petcoke) designed for power battery production to its customers.

12-17-2024 17:20:48

Nov sees peak of China asphalt output in 2024

Beijing (JLC), December 17, 2024—China’s petroleum asphalt output totaled 2.34 million mt in November, expanding by 200,000 mt or 9.3% month on month, JLC’s data showed.

12-17-2024 16:59:49

Sinopec to have more refinery maintenance in 2025

Guangzhou (JLC), December 16, 2024--Sinopec has scheduled more refinery turnarounds for 2025, while PetroChina will have less maintenance, according to their preliminary plans.

12-16-2024 18:16:12

LLDPE production loss analysis

The production losses of LLDPE in 2024 were lower than last year for most of the time

12-16-2024 17:48:26

China’s PDH unit operating rate extends gains in mid-December

Beijing (JLC), December 16, 2024--China’s PDH unit operating rate extended gains by 4.42 percentage points in mid-December due to unit restart.

12-16-2024 17:07:53

Polybutadiene operating rate increases in Nov

Shandong (JLC), December 16, 2024--In November, the operating rate of China’s polybutadiene 9000 units was 77%, up 10% month on on month.

12-16-2024 00:00:00

Daxie Petrochemical to commission expansion project by year-end

Guangzhou (JLC), December 13, 2024--CNOOC Ningbo Daxie Petrochemical is preparing to commission its upgrading and expansion project by the end of this year, following the completion and handover of a

12-13-2024 18:41:45

Yanchang Petroleum's crude runs gain 4% in January-November

Guangzhou (JLC), December 13, 2024--Yanchang Petroleum Refining and Chemical's crude runs rose by 4.01% year on year in January-November 2024, according to data from the company.

12-13-2024 18:20:25

China BOPET prices move sideways in early Dec

Shandong (JLC), December 13, 2024--China BOPET market prices moved sideways in early December, as crude prices rose after falling, and downstream demand was slack.

12-13-2024 00:00:00

PetroChina Liaoyang raises low-pour-point diesel output

Guangzhou (JLC), December 12, 2024 – PetroChina Liaoyang Petrochemical has increased its low-pour-point diesel production to meet surging demand for the fuel during winter,

12-12-2024 18:49:04

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