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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 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

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 rises as worries over rising OPEC+ supply ease

Guangzhou (JLC), March 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday after Russia said OPEC+’s decision to increase output co

03-10-2025 18:57:51

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

China’s PDH unit operating rate extends rises

Beijing (JLC), March 10, 2025--The overall operating rate of China’s PDH units continued to grow in the week ending March 6 (Thursday), JLC’s data showed.

03-10-2025 15:08:07

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

China INE crude price drops on prospect of OPEC+ output rise

Guangzhou (JLC), March 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Tuesday as OPEC+ decided to start a gradual output increase as planne

03-04-2025 18:29:43

China’s PDH unit operating rate rises further

Beijing (JLC), March 3, 2025--The overall operating rate of China’s PDH units grew in the week ending February 27 (Thursday), JLC’s data showed.

03-03-2025 17:25:03

Sinopec Zhenhai supplies bio-jet fuel to HK for first time

Guangzhou (JLC), February 27, 2025--Sinopec Zhenhai Refining & Chemical supplied a batch of bio-jet fuel to the Hong Kong market for the first time on February 26, the company said.

02-27-2025 18:59:59

Sinopec Shanghai's upgrade project sees EIA publicity

Guangzhou (JLC), February 27, 2025--Sinopec Shanghai Petrochemical's comprehensive technological transformation and quality upgrade project saw the publicity of an EIA report.

02-27-2025 17:21:39

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

PetroChina founds commercial oil reserve company, followed by CNOOC

Guangzhou (JLC), February 26, 2025--PetroChina established a commercial oil reserve company on February 11, while CNOOC followed suit on February 19, according to Tianyancha.

02-26-2025 19:05:37

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

China petroleum asphalt output stable in Jan

Beijing (JLC), February 26, 2025—China’s petroleum asphalt output totaled 1.99 million mt in January, down by 0.4% month on month, JLC’s data showed.

02-26-2025 17:43:52

China’s PDH unit operating rate rebounds

Beijing (JLC), February 24, 2025--The overall operating rate of China’s PDH units grew in the week ending February 20 (Thursday), JLC’s data showed.

02-24-2025 14:45:43

Fujinzheng pipeline sends nearly 1.5 mln mt of oil products

Guangzhou (JLC), February 21, 2025--The Fushun-Jinzhou-Zhengzhou oil product pipeline has transported nearly 1.50 million mt of oil products so far since it was put into operation.

02-21-2025 18:53:36

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

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