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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

China’s fuel prices fall in mid-March, sixth week in a row

Guangzhou (JLC), March 14, 2025--China’s wholesale gasoline and diesel prices continued to fall in the middle of March, the sixth week in a row, depressed by drop?s in international crude prices and w

03-14-2025 16:28:28

Crude stocks at Shandong ports up as cargo arrivals return to normal

Guangzhou (JLC), March 13, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended gains in the week ending March 13 as cargo arrivals were gradually returning to normal.

03-13-2025 18:31:06

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

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

China INE crude price retreats on concerns over US tariff impact

Guangzhou (JLC), March 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid growing worries about the impact of new US tariffs.

03-11-2025 18:36:32

Sinopec Zhongke exports 12,400 mt of jet fuel via processing trade

Guangzhou (JLC), March 10, 2025--Sinopec Zhongke (Guangdong) Refinery & Petrochemical recently delivered 12,400 mt of jet fuel to the customs-supervised tanks at Shenzhen Bao’an International Airport,

03-10-2025 15:59:45

State-owned refinery run rates edge up in early March

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

03-07-2025 16:20:05

China’s oil product exports drop 18.1% in first two months of 2025

Guangzhou (JLC), March 7, 2025--China's exports of oil products amounted to about 7.21 million mt in the first two months of 2025, a drop of 18.1% year on year, according to data from GACC.

03-07-2025 15:09:09

China’s crude imports drop 3.43% in first two months

Guangzhou (JLC), March 7, 2025--China imported a total of about 83.85 million mt of crude oil in the first two months of 2025, down 4.45 million mt from the corresponding months in 2024.

03-07-2025 12:39:22

Chinese oil companies to boost gasoline exports in March

?Guangzhou (JLC), March 6, 2025--Chinese oil companies plan to boost their gasoline exports in March 2025 as domestic demand weakens after the Spring Festival travel rush.

03-06-2025 15:53:07

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

Bonan oilfield group produces over 1 mln mt of oil and gas in 39 days

Gu?angzhou (JLC), March 5, 2025--Bonan oilfield group, a 10-million-mt oil and gas production base in China, has produced over 1 million mt of oil and gas within 39 days in early 2025, showing a stron

03-05-2025 19:04:29

China to cut fuel ceilings on March 6, second time in 2025

Guangzhou (JLC), March 5, 2025--China will cut its retail ceilings of gasoline and diesel on March 6, 2025 (Thursday), the second time in 2025, as international crude prices have extended losses over

03-05-2025 14:17:15

Chinese SOEs to cut March crude runs on refinery maintenance

Guangzhou (JLC), March 4, 2025--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in March 2025, when several Sinopec refineries come under maintenance.

03-04-2025 16:39:02

China INE crude price dips on concerns over Trump’s tariff policy

Guangzhou (JLC), March 3, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday amid concerns over US President Donald Trump’s proposed tariffs.

03-03-2025 18:46:41

Domestic oil product output to drop in March, demand to diverge

Guangzhou (JLC), March 3, 2025--Chinese refiners are likely to cut their output of gasoline, diesel and jet fuel in March 2025, because of more refinery maintenance, while fuel demand diverges.

03-03-2025 16:49:20

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