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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

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

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

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 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

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

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

Crude stocks at Shandong ports rise amid slow consumption

Guangzhou (JLC), February 27, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose again in the week ending February 27, as local independent refiners’ consumption was slow.

02-27-2025 18:21:46

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

China INE crude price down on faltering US consumer confidence

Guangzhou (JLC), February 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to drop on Wednesday after data showed the US consumer confidence dimin

02-26-2025 18:54:25

Yulin Refinery restarts FCC after 15-month shutdown

Guangzhou (JLC), February 25, 2025--Yanchang Petroleum Yulin Refinery resumed production at its 600,000 mt/yr fluid catalytic cracking (FCC) unit on February 22.

02-25-2025 17:09:04

Daqing Refining & Chemical's January crude runs surge 8.14%

Guangzhou (JLC), February 20, 2025--PetroChina Daqing Refining & Chemical's crude runs soared by 8.14% year on year in January 2025, Daqing Daily reported on its news website on February 20.

02-20-2025 18:36:29

Crude stocks at Shandong ports rebound from over-two-year low

Guangzhou (JLC), February 20, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending February 20, after hitting an over-two-year low.

02-20-2025 18:25:07

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

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

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