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China’s LSFO output drops in February

Guangzhou (JLC), March 13, 2025--China’s low-sulfur fuel oil (LSFO) output dropped in February, because of poor production margins and PetroChina’s adjustments in its yields.

03-13-2025 15:06:37

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

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

Shandong independents' run rates drop further in mid-February

Guangzhou (JLC), February 19, 2025--Shandong independent refiners' operating rates extended drops in the week ending February 19, as another refiner shut one of its CDUs for maintenance.

02-19-2025 18:45:54

China to cut fuel ceilings on February 20

Guangzhou (JLC), February 19, 2025--China will cut its retail ceilings of gasoline and diesel on February 20, 2025, as international crude prices have retreated over the past 10 working day.

02-19-2025 14:15:36

Chinese oil companies to keep largely stable exports of clean oil products in February

Guangzhou (JLC), February 14, 2025--Chinese oil companies plan to keep their exports of clean oil products (gasoline, diesel and jet fuel) largely stable in February 2025.

02-14-2025 17:09:41

MTBE prices weaken in early February

JLC (Beijing), February 13, 2025—MTBE prices in Shandong slipped in early February, due to shrinking demand and softer international crude prices.

02-13-2025 18:01:31

Chinese SOEs to hike February crude runs to meet demand

Guangzhou (JLC), February 8, 2025--Chinese state-owned enterprises (SOEs) plan to boost their crude throughput in February 2025, when demand for gasoline and jet fuel stays strong.

02-08-2025 15:51:02

Domestic gasoline demand to stay relatively strong in February, diesel to recover slowly

Guangzhou (JLC), February 8, 2025--Domestic gasoline demand will stay relatively strong in February 2025, because of peak travel around the Chinese New Year, while diesel demand will recover slowly.

02-08-2025 14:01:14

State-owned refinery run rates up in early February

Beijing (JLC), February 7, 2025--Chinese state-owned oil refineries' run rates increased in the week to February 5 (Wednesday), JLC’s data shows.

02-07-2025 15:33:38

CNOOC brings another oilfield development project on stream

Guangzhou (JLC), January 8, 2025--State-owned China National Offshore Oil Corporation (CNOOC) announced the commencement of production at the Panyu 11-2 oilfield/Panyu 10-1 oilfield/Panyu 10-2 oilfiel

01-08-2025 14:48:39

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 breakdown of Gaza truce talks

Guangzhou (JLC), May 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday after the talks on a truce in the Gaza Strip broke down.

05-10-2024 19:04:08

Sinopec and PetroChina to put brake on crude runs in 2024

Guangzhou (JLC), March 29, 2024 – Both PetroChina and Sinopec set a slower pace in boosting their annual crude throughput in 2024, after a year-on-year rise of 15.30% and 6.30% in 2023

03-29-2024 19:11:13

China’s naphtha imports fall month on month in February

Beijing (JLC), March 28, 2024--China’s naphtha imports fell in February compared with the previous month due to less domestic demand on inbound resources and high costs.

03-28-2024 18:08:29

China’s air transport turnover hits record high in February

Guangzhou (JLC), March 21, 2024 – China’s air transport turnover hit a historical high in February 2024, data from the Civil Aviation Administration of China (CAAC) showed, suggesting robust growth in

03-21-2024 18:57:08

China’s MTBE exports slip in February

Beijing (JLC), March 21, 2024--China exported 139,600 mt of MTBE in February, down by 36.08% month on month, according to data from the General Administration of Customs of the PRC (GACC).

03-21-2024 17:47:38

Chinese refiners cut LSFO output modestly in February

Guangzhou (JLC), March 19, 2024--Chines?e refiners slightly cut their low-sulfur fuel oil (LSFO) output in February, because of an eight-day holiday for China’s Spring Festival.

03-19-2024 14:16:27

China's naphtha imports rise in January-February

Guangzhou (JLC), March 18, 2024--China's naphtha imports increased year on year in the first two months of 2024, according to data from the General Administration of Customs of the PRC (GACC).

03-18-2024 19:21:55

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