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Crude imports at Quanzhou Port up 31.5% in first 50 days of 2025

Guangzhou (JLC), February 20, 2025--Quanzhou Port in Fujian Province received a total of around 3.33 million mt of crude oil in the first 50 days of 2025, an upsurge of 31.5% from the same period of t

02-20-2025 15:29:32

Sinopec cuts its refinery crude runs in 2024

?Guangzhou (JLC), February 11, 2025--Sinopec processed 252.30 million mt of crude oil in 2024, down 2.03% from 2023, according to the company’s unaudited operational statistics for 2024.

02-11-2025 18:25:34

Guangdong records rise of 7.09% in its crude runs in 2024

Guangzhou (JLC), January 22, 2025--Guangdong province recorded a rise of 7.09% in its daily crude runs in 2024, in contrast to drops in most regions, according to data from the NBS.

01-22-2025 16:21:15

China's crude imports from Malaysia surge 28.4% in 2024

Guangzhou (JLC), January 20, 2025--China’s crude imports from Malaysia surged by 28.4% in 2024, in stark contrast to a decline of 1.87% in the former’s total crude imports in the year.

01-20-2025 17:26:31

China's crude runs drop 1.6% in 2024

Guangzhou (JLC), January 17, 2025--Chinese oil refiners’ crude runs fell by 1.6% to 708.43 million mt in 2024, after surging to a new high in 2023, according to data from the NBS.

01-17-2025 12:42:20

Sinopec Hunan's operating rate hits 87.86% in 2024

Guangzhou (JLC), January 16, 2025--Sinopec Hunan Petrochemical operated its refinery at 87.86% of capacity in 2024, calculation shows.

01-16-2025 17:42:22

China's 2024 crude imports retreat from record high

Guangzhou (JLC), January 13, 2025--China's crude oil imports retreated in 2024, after setting a record high in 2023, according to the latest data released by the GACC on Monday.

01-13-2025 16:05:33

Crude stocks at Shandong ports hold largely stable at the beginning of 2025

Guangzhou (JLC), January 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports were still largely stable in the week to January 2, 2025, JLC's data shows.

01-03-2025 14:31:09

China to hike customs duties on imported fuel oil in 2025

Guangzhou (JLC), December 30, 2024--China will hike the temporary customs duties on imported fuel oil to 3% in 2025, up from 1%, according to a notice released by a State Council committee.

12-30-2024 18:07:41

PetroChina Guangdong receives over 20 mln mt of crude in 2024

Guangzhou (JLC), December 23, 2024--As of December 19, PetroChina Guangdong Petrochemical has received about 20.67 million mt of crude oil via its crude terminal in 2024.

12-23-2024 19:22:08

China’s oil demand to peak around 2027: Sinopec

Guangzhou (JLC), December 23, 2024 – China's oil consumption is expected to peak around 2027, according to Sinopec’s China Energy Outlook 2060 (2025 version).

12-23-2024 18:37:05

China INE crude price retreats on prospect of 2025 oil glut

Guangzhou (JLC), December 20, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday amid expectations of an oversupply in 2025.

12-20-2024 17:51:11

Sinopec and PetroChina to tally drops in 2024 crude runs

Guangzhou (JLC), December 17, 2024--Both Sinopec and PetroChina are expected to tally a drop in their crude throughput in 2024, as demand for some products, particularly diesel, has dropped.

12-17-2024 18:31:59

Sinopec to have more refinery maintenance in 2025

Guangzhou (JLC), December 16, 2024--Sinopec has scheduled more refinery turnarounds for 2025, while PetroChina will have less maintenance, according to their preliminary plans.

12-16-2024 18:16:12

PetroChina reports a 5.3% drop in its net profits in Q3 2024

Guangzhou (JLC), October 30, 2024--PetroChina’s net profits attributable to its equity shareholders decreased by 5.3% in the third quarter (Q3) of this year, mainly because of a drop in its sales reve

10-30-2024 19:06:13

Sinopec to cut its crude runs in Q4 2024

Guangzhou (JLC), October 29, 2024--Sinopec will cut its crude runs in the last quarter (Q4) of 2024, judged from its plan for the second half of 2024 and its throughput in Q3.

10-29-2024 18:54:57

China hikes ceiling on non-state crude imports for 2025

Guangzhou (JLC), October 23, 2024--China set the ceiling on non-state crude imports for 2025 at 257 million mt (5.14 million barrels per day), up 14 million mt or 5.76% from 2024.

10-23-2024 16:30:49

China slashes crude imports from Saudi Arabia in August 2024

Guangzhou (JLC), September 27, 2024--China slashed its crude imports from Saudi Arabia in August, mainly because of relatively high prices, according to data from the GACC.

09-27-2024 15:17:14

DES Shandong premiums for ESPO turn positive, first time in 2024

Guangzhou (JLC), September 24, 2024--The DES Shandong premiums for Russian ESPO Blend began to rise in mid-to-late August and turned positive on September 23, which? could mainly be ascribed to increa

09-24-2024 18:24:00

Sinopec revises down its crude throughput plan for 2024

Guangzhou (JLC), August 27, 2024--Sinopec has revised down its crude throughput plan for 2024, which can be ascribed to relatively weak demand for diesel.

08-27-2024 15:43:06

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