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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

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

Sinopec replaces Luoyang Petrochemical with new subsidiary

Guangzhou (JLC), January 3, 2025 – Sinopec’s new subsidiary – Henan Refining & Chemical Co., Ltd. – officially began operation on January 1, 2025, replacing its predecessor Sinopec Luoyang.

01-03-2025 18:33:47

Sinopec raises Shengli crude price for December

Guangzhou (JLC), December 26, 2024--Sinopec marked up its Shengli crude price slightly for December 2024, following modest rises in international crude prices, according to refiner sources in Shandong

12-26-2024 17:36:35

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

Sinopec Qilu Petrochemical begins upgrading its refinery

Guangzhou (JLC), December 20, 2024 – Sinopec Qilu Petrochemical started to construct its upgrade project on December 19, Sinopec announced at a ceremony held in Zibo on Thursday.

12-20-2024 14:52:04

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

Sinopec begins building commercial oil reserve project in Dongying

Guangzhou (JLC), December 2, 2024 – Sinopec Shengli Oilfield Company on November 29 began the construction of a large-scale commercial oil reserve facility in Dongying.

12-02-2024 18:45:05

Sinopec cuts Shengli crude price for November

Guangzhou (JLC), November 26, 2024--Sinopec marked down its Shengli crude price for November 2024, following drops in international crude prices, according to refiner sources in Shandong.

11-26-2024 19:06:01

Sinopec plans to start test runs at ZRCC Phase II by year-end

Guangzhou (JLC), November 25, 2024--Sinopec’s Zhenhai Refining and Chemical Company (ZRCC) will likely begin trial operation at its phase-II expansion project by the end of this year.

11-25-2024 18:25:20

Sinopec and Aramco start building Gulei phase-II complex in Fujian

Guangzhou (JLC), November 19, 2024 – Sinopec, Aramco, and Fujian Petrochemical Company Limited (FPCL) began to construct the Gulei Phase-II Integrated Refining and Petrochemical Project.

11-19-2024 17:58:14

Sinopec Maoming puts new crude pipeline into operation

Guangzhou (JLC), November 7, 2024--Sinopec Maoming Petrochemical started to transport oil through the crude oil pipeline of the Bohe New Port to Maoming Oil Pipeline Project on October 31, marking the

11-07-2024 16:25:44

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

Sinopec’s net profit plunges 16.6% in first three quarters

Guangzhou (JLC), October 29, 2024--Sinopec’s net profit plummeted by 16.6% year on year in the first three quarters of 2024, reversing a 2.6% gain in the first half, mainly due to shrinking refining m

10-29-2024 15:42:21

State-owned refinery run rates drop on Sinopec maintenance

Beijing (JLC), October 11, 2024--Chinese state-owned oil refineries' run rates fell in the week to October 9, 2024 (Wednesday) due to more maintenance, JLC’s data shows.

10-11-2024 15:41:40

Sinopec Qilu to build 10 mln mt/yr CDU, dismantle two small ones

Guangzhou (JLC), September 9, 2024--Sinopec Qilu Petrochemical plans to construct a 10.0 million mt/yr (200,000 bbl/day) crude distillation unit (CDU) and dismantle a 2.5 million mt/yr CDU (idled from

09-09-2024 16:27:47

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

Sinopec reports 2.6% profit gain for H1 2024

Guangzhou (JLC), August 26, 2024 – Sinopec Corp. (SH:600028, HK:00386) saw a 2.6% gain in profit attributable to its shareholders in the first half (H1) of 2024, although its revenue dropped 1.1%.

08-26-2024 18:57:59

Sinopec and PetroChina likely to see divergent crude throughput in H2 2024

Guangzhou (JLC), August 7, 2024--Sinopec is expected raise its crude throughput by 1.78% in the second half (H2) of 2024, while PetroChina is likely to cut its throughput.

08-07-2024 16:02:20

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