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Costco opens its first gas station in China

Guangzhou (JLC), May 11, 2024 – U.S. retail giant Costco opened its first gas station in China on May 9, as part of its efforts to offer a variety of services.

05-11-2024 18:43:12

Sinopec increases winter-grade diesel supply at gas stations

Guangzhou (JLC), January 8, 2024 – Sinopec has recently made more winter-grade diesel available at its gas stations in some of the provinces or regions, the company said on January 4.

01-08-2024 18:41:41

Sinopec’s gas stations in Sri Lanka open for business

Guangzhou (JLC), September 27, 2023 – Sinopec officially launched fuel retail operation at its gas stations in Sri Lanka, the company announced on September 25 in a felicitation event held in Colombo.

09-27-2023 17:05:12

JLC releases research report on China’s gas stations for 2022

Guangzhou (JLC), May 4, 2023 – JLC has released on April 23 a research report (PowerPoint version) that sheds light on the development of China’s gas stations for 2022

05-04-2023 19:09:27

China sees a fierce competition in gas station market

Beijing (JLC), November 18, 2019--China gas station market is filled with multiple parties due to rich profits, such as state-owned ones, private ones, foreign ones, causing fierce competitions.

11-18-2019 17:12:23

Will BP's co-operation with Dongming in gas station be way out for independent refiners?

BP started to operate a new type of joint-venture petrol station in Ji'nan, Shandong province on January 29, the oil giant announced.

01-31-2019 15:40:55

The domestic gas stations margin ended up gaining

According to the calculation of JLC, up to May 9th, the average price of reference crude oil was $49.42/ bbl, decreasing by 5.59% and the corresponding retail prices of gasoline and diesel reduced by CNY215/mt.

05-11-2017 17:36:41

Profit of gas station may increase amid the widening oil product wholesale-retail spread

Recently, international crude oil futures kept narrow shocks. Russia announced that its crude oil output in February would keep steady, thickening the market concerns toward OPEC’s production reduction.

03-09-2017 09:39:36

Gasoline and diesel retail price adjustment may be shelved; the profit in gas stations may decline

Recently, international crude oil price kept a small fluctuation amid the game of many factors.

02-23-2017 11:23:54

Terminal demand for oil products recovers slowly, retail profits of gas stations improve

According to JLC’s calculations, as of February 7th, the fifth working day of the current round of oil products pricing cycle, the rate of change in the price of crude oil was 1.4%, and the average price of the referenced crude oil was $54.52/bbl.

02-08-2017 18:48:34

The third gas station of Bengbu Petroleum operates during the National Day Holiday

CNG gas station in western exit of the third gas station of Bengbu Petroleum operated during the National Day Holiday. This is the third gas station of Bengbu Petroleum after Huaiguang Gas Station and Jingshan Gas Station.

10-19-2016 15:31:20

Refined oil retail prices may not be adjusted and gas stations’ profit remained downwards

In this pricing round, the freezing production agreement among oil producers continued to affect the international crude oil market, which drove the crude futures up for four times last week

09-29-2016 15:26:35

Profit of gas station shrunk visibly amid roaring refined oil market

International crude futures moved upwards with fluctuations owing to the uncertain attitude upon freezing production among oil producers. Pressed by increased crude production of OPEC and stronger dollars, crude futures moved downward consecutively at the end of August.

09-08-2016 14:12:15

The profit of gas station shrunk after the crude oil declined for the fourth time

Recently, crude oil achieved its fourth rise and the market was supported by the momentum of freezing production expectation and weak dollars.

08-18-2016 14:54:23

Zhejiang's first highway service area gas station to be put into operation at end-June

Recently, the gas station in Haibei Highway Service Area of Ningbo city, Zhejiang province has passed construction completion inspection, marking the province’s first highway service area gas station is to be put into operation soon.

06-14-2016 10:11:04

Comprehensive improvement of gas station in Shandong, especially on private-owned Station

Recently, Shandong provincial government with several departments issued the action plan of comprehensive improvement on gas station. Shandong Province, the number of gas stations settled at 9,493, which was shared by private company (63%), Sinopec (27%) and PetroChina (10%).

04-22-2015 17:27:12

Only 62.7% Quality Pass in Anhui Private Gas Stations Check

Anhui Provincial Industrial and Commercial Bureau organized a sample inspection against the gasoline and gasoil quality retailed in gas stations in cities of Hefei, Haozhou, Fuyang, Huainan, Chuzhou and Lu’an, and Susong County.

09-03-2014 16:54:53

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