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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 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

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

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

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

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

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

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

Sinopec Maoming successfully produces highest-grade needle coke

Guangzhou (JLC), February 19, 2025--Recently, Sinopec Maoming Petrochemical successfully produced the highest grade of needle coke, Class I needle coke, the company said.

02-19-2025 17:17:36

SOEs to hike Feb diesel output on expectation of recovering demand

Guangzhou (JLC), February 18, 2025--Chinese state-owned enterprises (SOEs) plan to boost their diesel production in February 2025, due to the expectation of recovering demand.

02-18-2025 15:53:22

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

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

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

Additional tariffs may dampen China's imports of US crude

Guangzhou (JLC), February 6, 2025--China's imposition of additional tariffs on crude oil from the US may dampen its imports from the latter.

02-06-2025 14:14:32

Maoming Petrochemical puts China’s longest fuel oil pipeline into use

G?uangzhou (JLC), January 23, 2025--Sinopec Maoming Petrochemical delivered low-sulfur heavy bunker fuel out of its refinery through its Bohe-Maoming fuel oil pipeline on January 11, 2025, putting the

01-23-2025 18:52:04

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

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