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Longkou Nanshan LNG receiving terminal under construction

Beijing (JLC), May 19, 2020--National Petroleum and Natural Gas Pipeline Network Group started the construction of Longkou Nanshan LNG receiving terminal on May 16, according to sources from the company.

05-19-2020 16:14:31

China's apparent fuel oil consumption falls 3.29% in March

Beijing (JLC), May 7, 2020--China’s apparent fuel oil consumption was about 2.27 million mt in March 2020, a decline of 3.29% from year-ago level, JLC data shows.

05-07-2020 10:06:03

China's biodiesel imports fall in March

Beijing (JLC), May 6, 2020--China’s biodiesel (HS code: 38260000) imports were down by 42.42% month on month to 4,969.08 mt in March 2020, and biodiesel exports rose to 69,725.41 mt by 117.91%, data from the General Administration of Customs shows.

05-06-2020 17:07:48

China’s petroleum resin imports, exports fall in January

Beijing (JLC), April 27, 2020--China imported about 39.16 million mt of petroleum resin in January 2020, a drop of 24% month on month; the exports were 20,000 mt, down by 2.42%, data from the General Administration of Customs shows.

04-27-2020 11:18:54

Australia faces challenges in exporting LNG to China

Beijing (JLC), April 27, 2020--Australia faces two big challenges in exporting liquefied natural gas (LNG) to China in 2020: a drop in export revenues caused by lower LNG prices and competitive pressures posed by the US and Russia.

04-27-2020 11:13:17

Guangzhou, Chaozhou, Foshan to cancel LNG satellite stations

Beijing (JLC), April 26, 2020--Guangzhou, Chaozhou and Foshan, three cities in Guangdong, are expected to cancel LNG satellite stations, JLC learnt from government departments in these cities.

04-26-2020 16:50:51

Myanmar-China Oil & Gas Pipelines delivers oil and gas stably

Beijing (JLC), April 26, 2020--Myanmar-China Oil & Gas Pipelines delivers oil and gas stably over January 24-April 23, when the COVID-19 pandemic is spreading in China.

04-26-2020 16:46:19

Two LNG projects in Chaozhou approved

Beijing (JLC), April 23, 2020--Chaozhou Huafeng LNG terminal and Chaozhou Huaying LNG terminal got the green light from the Chaozhou government recently, which will promote the development of the Chaozhou natural gas market.

04-23-2020 16:52:07

Refiners halt MTBE units on meager margins

Beijing (JLC), April 23, 2020--Some Chinese refiners halted MTBE units recently, as the fact that MTBE prices recorded bigger drops than feedstock prices led to meager margins.

04-23-2020 10:54:03

China's MTBE prices hit new low on weak demand

Beijing (JLC), April 10, 2020--China MTBE prices kept recording new low in the first quarter of 2020, when oil blenders and traders purchased small amounts of MTBE as the gasoline market was hit hard by crude futures price crush resulted from the raging COVID-19 pandemic.

04-10-2020 15:39:36

Sinopec Jiujiang refinery meets naphtha sales targets in advance

Beijing (JLC), March 31, 2020--A vessel loaded with 2,286.4 mt of naphtha left from Sinopec Jiujiang refinery’s terminal on March 24, marking that Jiujiang refinery finished naphtha sales targets in March seven days head of scheduled date, Sinopec said on its website.

03-31-2020 17:09:36

Singaporean fuel oil prices plunge on weak demand

Beijing (JLC), March 31, 2020--Fuel oil prices in Singapore plunged in March, when the demand for bunker fuel oil with 0.5% sulfur content was slashed by the raging COVID-19 pandemic and summer cooling demand from the Middle East has yet to take place.

03-31-2020 14:27:07

China's fuel oil imports fall, exports rise in Jan-Feb

Beijing (JLC), March 30, 2020--China’s fuel oil imports stood at 2.7323 million mt during January-February 2020, a fall of 2.69% from the same period last year, but exports were 18.08% up to 1.6047 million mt, data from the General Administration of Customs shows.

03-30-2020 13:50:19

China's other mixed aromatics imports fall in Jan-Feb

Beijing (JLC), March 30, 202--China’s other mixed aromatics imports declined in January-February 2020, mainly due to high import costs and a lack of strong domestic demand.

03-30-2020 10:51:32

Sinopec, Zhoushan port hit new high of bunker fuel supply for single carrier

Beijing (JLC), March 30, 2020--Sinopec supplied 6,625 mt of low-sulfur (LS) bunker fuel oil to a foreign Very Large Crude Carrier (VLCC) at Zhoushan port on March 25, a new high for a single carrier both for Sinopec and the port.

03-30-2020 09:23:33

China's apparent fuel oil consumption gains 19.53% in Jan-Feb

Beijing (JLC), March 27, 2020--China’s apparent fuel oil consumption was about 5.77 million mt during January-February 2020, a surge of 19.53% from the same period last year, JLC data shows.

03-27-2020 17:07:42

CNOOC to lower capital expenditure and output target

Beijing (JLC), March 26, 2020--China National Offshore Oil Corporation (CNOOC) will lower capital expenditure and output target for 2020, according to its 2019 phone performance meeting on March 25. The company has yet to release specific details.

03-26-2020 17:38:15

Yantai launches bonded crude blending

Beijing (JLC), March 26, 2020--Yantai port in Shandong recently launched the blending of bonded crude oil, sources from Yantai customs said on March 25.

03-26-2020 17:23:31

PetroChina Jinzhou starts bunker oil production

Beijing (JLC), March 26, 2020--PetroChina Jinzhou Petrochemical, located in northeast China’s Liaoning province, recently started bunker fuel oil production, half a year ahead of scheduled date, PetroChina said on its website on March 19.

03-26-2020 17:20:02

Biodiesel imports, exports may fall in 2020's first half

Beijing (JLC), March 25, 2020--China’s biodiesel imports and exports may decline in the first half of 2020, as both domestic and foreign demand is capped by the Covid-19.

03-25-2020 17:03:07

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