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Sinopec's net profit slumps 16.8% in 2024

Guangzhou (JLC), March 24, 2025--Sinopec's net profit attributable to its shareholders plunged by 16.8% in 2024, mainly due to decreasing prices of most products and shrinking sales of some products.

03-24-2025 16:24:31

China's apparent kerosene consumption dips in Jan-Feb

Guangzhou (JLC), March 21, 2025--China's apparent consumption of kerosene slipped year on year in the first two months of 2025, as kerosene output went down.

03-21-2025 18:28:42

China's apparent gasoline consumption drops in first two months

Guangzhou (JLC), March 21, 2025--China's apparent consumption of gasoline fell year on year in the first two months of 2025, following less production.

03-21-2025 18:20:00

China sees plunge in LNG imports in first two months

Guangzhou (JLC), March 19, 2025--China recorded a year-on-year slump in its LNG imports in the first two months of 2025, according to data released by the GACC.

03-19-2025 19:07:45

CR Gas and Woodside Energy sign long-term LNG deal

Guangzhou (JLC), March 19, 2025--China Resources Gas Group (CR Gas) and Australia's Woodside Energy signed a long-term LNG sales and purchase agreement (SPA), Woodside Energy announced on March 17.

03-19-2025 16:11:42

Shandong Dongming to build refining-chemical project

Guangzhou (JLC), March 14, 2025--Dongming Petrochemical Group plans to build a 15.0 million mt/yr refining-chemical integration project in Shandong province.

03-14-2025 16:41:49

PetroChina Fushun breaks ground for ethylene upgrade project

Guangzhou (JLC), March 13, 2025--PetroChina Fushun Petrochemical began the construction of its ethylene upgrade and energy efficiency improvement project on March 1, according to industry sources.

03-13-2025 18:54:21

Sinopec Beihai to trial 50,000-dwt terminal in September

Guangzhou (JLC), March 12, 2025--Sinopec Beihai Refining & Chemical plans to put its 50,000-dwt petrochemical terminal project into trial operation in September 2025, Guangxi Daily reported.

03-12-2025 18:43:12

China's daily fuel consumption rises in February

Guangzhou (JLC), March 11, 2025--China's daily consumption of gasoline increased in February amid the Spring Festival travel rush, while that of diesel grew after some end-users returned to work.

03-11-2025 18:51:19

Sinopec Maoming begins building more units for upgrade project

Guangzhou (JLC), March 11, 2025--Sinopec Maoming Petrochemical recently started the construction of four more units as part of its refinery upgrade project, Sinopec reported.

03-11-2025 18:42:40

Shandong independents' run rates extend falls in February

Guangzhou (JLC), March 6, 2025--Shandong-based independent refiners' operating rates moved lower in February because of two refinery turnarounds and maintenance at one crude distillation unit (CDU).

03-06-2025 13:51:05

State-owned refineries' run rates up again in February

Guangzhou (JLC), March 6, 2025--Chinese state-owned oil companies' refinery operating rates continued to go up in February on the back of still strong gasoline demand and recovering diesel demand.

03-06-2025 13:48:44

Sinopec Zhenhai supplies bio-jet fuel to HK for first time

Guangzhou (JLC), February 27, 2025--Sinopec Zhenhai Refining & Chemical supplied a batch of bio-jet fuel to the Hong Kong market for the first time on February 26, the company said.

02-27-2025 18:59:59

Sinopec Shanghai's upgrade project sees EIA publicity

Guangzhou (JLC), February 27, 2025--Sinopec Shanghai Petrochemical's comprehensive technological transformation and quality upgrade project saw the publicity of an EIA report.

02-27-2025 17:21:39

PetroChina founds commercial oil reserve company, followed by CNOOC

Guangzhou (JLC), February 26, 2025--PetroChina established a commercial oil reserve company on February 11, while CNOOC followed suit on February 19, according to Tianyancha.

02-26-2025 19:05:37

PetroChina International completes first LNG bunkering in Europe

Guangzhou (JLC), February 26, 2025--PetroChina International (London) Co. Ltd. recently completed an LNG bunkering operation for the first time in Europe, the company said on its WeChat platform.

02-26-2025 18:55:33

China sees record-high passenger trips during Chunyun

Guangzhou (JLC), February 25, 2025--China wrapped up the 40-day Spring Festival travel rush (Chunyun) for 2025 with approximately 9.02 billion passenger trips completed, which set a record high.

02-25-2025 18:57:05

Yulin Refinery restarts FCC after 15-month shutdown

Guangzhou (JLC), February 25, 2025--Yanchang Petroleum Yulin Refinery resumed production at its 600,000 mt/yr fluid catalytic cracking (FCC) unit on February 22.

02-25-2025 17:09:04

CNOOC Ningbo Daxie starts domestic trade of jet fuel

Guangzhou (JLC), February 24, 2025--CNOOC Ningbo Daxie Petrochemical officially began the domestic trade of jet fuel on February 23, the company said on its WeChat platform on the same day.

02-24-2025 18:02:35

Fujinzheng pipeline sends nearly 1.5 mln mt of oil products

Guangzhou (JLC), February 21, 2025--The Fushun-Jinzhou-Zhengzhou oil product pipeline has transported nearly 1.50 million mt of oil products so far since it was put into operation.

02-21-2025 18:53:36

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