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PetroChina secures 1 million bbl of crude to be settled in e-CNY

Guangzhou (JLC), October 20, 2023 – PetroChina International has secured a one-million-barrel crude oil cargo, for which the company will settle in China’s digital yuan, or e-CNY, for the first time.

10-20-2023 14:38:42

China launches new CNY-based bonded bunker assessments

Guangzhou (JLC), June 25, 2023 – China has launched on June 20 its new CNY-based bonded bunker assessments, which are now published on the website of Shanghai Petroleum and Natural Gas Exchange.

06-25-2023 17:54:11

Unipec’s CNY settlement sets record high in Jan-Apr 2023

Guangzhou (JLC), May 11, 2023 – UNIPEC has boosted settlement using Chinese Yuan (CNY) in its international trade and business transactions in Jan-Apr.

05-11-2023 15:51:48

China's oil products demand to rise gently in CNY holiday

Beijing (JLC), January 26, 2021--China's oil products demand is expected to fall during the Chinese New Year (CNY) holidays, due to COVID-19, JLC research showed.

01-26-2021 18:13:41

China to slash fuel prices by CNY400-415/mt on February 19

Guangzhou (JLC), February 18, 2020--China will slash the retail ceilings of gasoline by CNY415/mt ($59.43/mt) and those of diesel by CNY400/mt on February 19 (Wednesday), industry sources said.

02-18-2020 15:55:59

China to raise fuel prices by CNY230-235/mt on December 31

Guangzhou (JLC), December 30, 2019--China will raise the retail ceilings of gasoline by CNY235/mt ($7.83/mt) and those of diesel by CNY230/mt on December 31 (Tuesday), industry sources said.

12-30-2019 14:47:28

China to raise fuel prices by CNY125/mt on Sept 19

Guangzhou (JLC), September 18, 2019--China will raise the retail ceilings of gasoline and diesel by CNY125/mt ($17.67/mt) on Sept 19 (Thursday), as international crude prices have climbed in this pricing cycle, the National Development and Reform Commission announced on Wednesday.

09-18-2019 19:19:05

China to raise fuel prices by CNY105-115/mt on Sept 4

Guangzhou (JLC), September 3, 2019--China will raise the retail ceilings of gasoline by CNY115/mt ($16.22/mt) and diesel by CNY105/mt on Sept 4 (Wednesday), as international crude prices have rebounded in this pricing cycle, the National Development and Reform Commission announced on Tuesday.

09-03-2019 17:44:56

China to cut fuel prices by CNY205-210/mt on August 21

Guangzhou (JLC), August 20, 2019--China will cut the retail ceilings of gasoline by CNY210/mt ($29.81/mt) and diesel by CNY205/mt on August 21 (Wednesday), as international crude prices have retreated in this pricing cycle, the National Development and Reform Commission announced on Tuesday.

08-20-2019 15:29:42

China to slash fuel prices by CNY445-465/mt on June 12

Guangzhou (JLC), June 11, 2019--China will cut the retail ceilings of gasoline by CNY465/mt ($67.46/mt) and diesel by CNY445/mt on June 12, because of recent drops in international crude prices, industry sources said.

06-11-2019 15:28:51

Dushanzi Petrochemical sees profits over CNY3.4 bln in 2018

Dushanzi Petrochemical, a subsidiary of PetroChina, achieved profits of CNY3.466 billion in 2018, company sources said

01-14-2019 14:58:43

Over CNY100 billion! 11 highways are about to be built

In 2019, about 11 highways are going to be built with a total investment of CNY100 billion.

11-29-2018 17:24:57

Jinxi Petrochemical gains CNY1.84 bln in Jan-Aug 2018

Jinxi Petrochemical’s crude runs totaled 4.05 million mt and it recorded profits of CNY1.84 billion during the eight months from January to August this year

10-10-2018 15:30:31

CNPC to invest over CNY10 bln in environmental protection

China National Petroleum Corporation (CNPC) announced to invest over CNY10 billion in environmental protection, though international crude prices stayed downward, the company said in a report released the other day .

06-13-2018 17:23:28

Dushanzi Petrochemical earns CNY1.51 bln in Q1

PetroChina Dushanzi Petrochemical reached a sales revenue of CNY15.2 billion and profits of CNY1.51 billion with crude runs of 2.41 million mt and ethylene output of 427,000 mt in the first quarter of 2018, a company source said.

06-13-2018 11:23:36

BSPI drops to CNY577/mt on multiple factors

BSPI (Bohai-Rim Steam Coal Price Index) closed at CNY577/mt on January 23rd, down CNY1/mt WoW.

01-25-2018 16:59:57

Oman crude refining profit increased by CNY133/mt to CNY134/mt

The theoretical processing light offshore crude profit of independent refineries increased by CNY214/mt WoW to CNY151/mt, as gasoline and diesel prices rebounded from the low point.

12-29-2017 10:17:54

Nanjing Customs uncovered smuggling cases with a value of CNY85 mln

Recently, Nanjing Customs Anti-smuggling Bureau jointly with a number of units in Jiangsu, Fujian, Zhejiang and other provinces carried out a unified crackdown on oil product smuggling. Three smuggling criminal gangs were dismantled and three smuggling vessels were detained at the scene.

12-25-2017 15:28:17

Shengli crude refining profit slid to minus CNY119/mt

The theoretical processing light offshore crude profit of independent refineries fell by CNY355/mt WoW to minus CNY63/mt, as diesel price decreased greatly.

12-21-2017 17:54:09

Cracking C5 mainstream price rose to CNY5,200/mt

C5 petroleum resin price began to rise sporadically in mid-December. Separating products such as refined C5, however, recorded flat sales despite high price.

12-14-2017 17:07:32

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