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Independents’ refining margins for imported crude continue to grow

Guangzhou (JLC), March 13, 2025--Shandong-based independents’ refining margins for imported crude continued to grow in mid-March, buoyed by dropping crude costs, despite lower sales revenue.

03-13-2025 14:39:21

Shandong independents’ run rates extend rises as margins improve

Gua?ngzhou (JLC), March 12, 2025--Shandong independent refiners’ operating rates extended rises in the week ending March 12, as their refining margins improved.

03-12-2025 18:53:45

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

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

Independents’ crude refining margins surge as costs decrease

Guangzhou (JLC), March 6, 2025--Shandong-based independents’ crude refining margins surged in early March, driven up by a further decrease in crude costs, despite lower sales revenue.

03-06-2025 11:55:14

Shandong independents' run rates rally after eleven weeks of drops

Guangzhou (JLC), March 5, 2025--Shandong independent refiners' operating rates rallied in early March, after dropping for eleven consecutive weeks, as two refiners wrap?ped up maintenance.

03-05-2025 19:12:25

Independents’ crude refining margins slip further

Guangzhou (JLC), February 27, 2025--Shandong-based independents’ crude refining margins slipped further in late February, squeezed by falling sales revenue, despite slightly lower costs.

02-27-2025 11:40:30

Shandong independents' run rates drop for 11 weeks in a row

Guangzhou (JLC), February 26, 2025--Shandong independent refiners' operating rates declined again in the week ending February 26, the 11th week in a row, after another refiner began maintenance.

02-26-2025 18:18:48

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), February 20, 2025--Shandong-based independents’ refining margins for imported crude retreated in the week to February 19, due to a decrease in their sales revenue, despite a modest de

02-20-2025 14:02:34

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

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

Shandong independents unload less imported crude in January

G?uangzhou (JLC), February 13, 2025--Shandong-based independent refiners unloaded less imported crude oil in January, in part because of the Chinese New Year holiday that began late in the month.

02-13-2025 18:45:46

Independents’ crude refining margins soar in mid-Feb

Guangzhou (JLC), February 13, 2025--Shandong-based independents’ crude refining margins soared rapidly in mid-February, driven by declines in crude costs and increases in their sales revenue.

02-13-2025 14:19:06

Shandong independents' run rates extend drops on maintenance

Guangzhou (JLC), February 12, 2025--Shandong independent refiners' operating rates extended drops in the week ending February 12, due to more refinery maintenance and tightening feedstock supply.

02-12-2025 18:32:38

Shandong independents' run rates retreat in January

Guangzhou (JLC), February 10, 2025--Shandong-based independent refiners' operating rates came down in January because of unit maintenance.

02-10-2025 17:27:08

Shandong independents' run rates drop modestly around Chinese New Year

Guangzhou (JLC), February 6, 2025--Shandong independent refiners' operating rates dropped modestly around the Chinese New Year between late January and early February 2025, JLC's data shows.

02-06-2025 18:50:03

Independents’ refining margins for imported crude rebound

Guangzhou (JLC), February 6, 2025--Shandong-based independents’ refining margins for imported crude rebounded in early February, due to a decline in crude costs.

02-06-2025 16:27:13

State-run refineries keep stable production during Spring Festival holiday

Guangzhou (JLC), February 6, 2025--Chinese state-owned refineries maintained stable production during the public holiday for the Spring Festival (January 28-February 4), according to their official We

02-06-2025 16:01:46

Independents’ crude refining margins turn negative again

Guangzhou (JLC), January 23, 2025--Shandong-based independents’ crude refining margins turned negative again in the week to January 22, as crude costs extended rises and sales revenue decreased.

01-23-2025 11:31:53

Shandong independents' run rates hit five-month low

Guangzhou (JLC), January 22, 2025--Shandong independent refiners' operating rates declined again and hit a five-month low in the week ending January 22, 2025, as refining margins worsened.

01-22-2025 17:54:32

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