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CNOOC starts production at mega metamorphic rock oilfield

Guangzhou (JLC), February 8, 2025--State-owned China National Offshore Oil Corporation (CNOOC) on Friday commenced production at the first phase of the Bozhong 26-6 oilfield, by far the largest metamo

02-08-2025 16:25:04

State-run refineries keep stable production during Spring Festival holiday

Guangzhou (JLC), February 6, 2025--Chinese state-owned refineries maintained stable production during the public holiday for the Spring Festival (January 28-February 4), according to their official We

02-06-2025 16:01:46

China INE crude price rallies after Libya’s oil production plunges

Guangzhou (JLC), August 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday due to a plunge in Libya’s oil production and an upgrade in the

08-30-2024 18:29:08

Shandong independents' run rates rally as some refiners resume production

Guangzhou (JLC), July 17, 2024--Shandong independent refiners’ operating rates rebounded in the week to July 17 as some refiners in Heze and Rizhao gradually ramped up their production after restartin

07-17-2024 18:32:31

CNOOC unveils 2024 production target

Guangzhou (JLC), January 26, 2024 – CNOOC set its 2024 net production target at 700–720 million barrels of oil equivalent (boe), according to its 2024 Business Strategy and Development Plan.

01-26-2024 18:31:08

Growth of domestic coal, oil and gas production accelerates in November

Guangzhou (JLC), December 15, 2023 – Domestic production of coal, oil, natural gas and power generation all saw faster year-on-year growth in November.

12-15-2023 18:37:38

China INE crude price rallies ahead of OPEC+ production decision

Guangzhou (JLC), November 24, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) picked up on Friday.

11-24-2023 18:58:51

Daqing Oilfield sees growth in oil and gas production in Jan-Sept

Guangzhou (JLC), October 24, 2023 – Daqing Oilfield saw growth in both oil and gas production in the first three quarters of 2023, beating expectations, the National Energy Administration (NEA) said.

10-24-2023 18:54:07

Yulong Petrochemical starts to gear up for production

Guangzhou (JLC), August 2, 2023 -- The highly-anticipated Yulong Petrochemical in Yantai, Shandong province has entered the production preparation stage.

08-02-2023 19:07:58

Zhongyuan Oilfield’s production hits five-year high

Guangzhou (JLC), July 18, 2023--Sinopec’s Zhongyuan Oilfield ramped up production in the first half of 2023, with crude oil and natural gas output hitting a 5-year high respectively, Sinopec said.

07-18-2023 18:43:25

Bohai Oilfield crude production exceeds 500 mln mt

Guangzhou (JLC), June 21, 2023 – The Bohai Oilfield, China’s largest offshore oilfield, has produced a total of over 500 million mt of crude oil since its operation.

06-21-2023 18:45:34

China INE crude price dips after EIA raises US oil production forecast

Guangzhou (JLC), June 7, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell Wednesday after the Energy Information Administration (EIA) boosted its forecast

06-07-2023 18:39:36

PetroChina Guangdong completes whole production process

Guangzhou (JLC), February 23, 2023--PetroChina Guangdong Petrochemical achieved qualified production from its 1.2 million mt/year ethylene unit on February 12, 2023, marking the completion of the comp

02-23-2023 19:26:43

China INE crude price edges down after OPEC’s oil production rises

Guangzhou (JLC), January 6, 2023--The price of crude futures on China’s Shanghai International Energy Exchange (INE) inched lower on Friday, after reports of a rise in OPEC’s December oil output.

01-06-2023 19:04:00

Shenghong achieves mass production at new refinery

Guangzhou (JLC), December 6, 2022--Shenghong Group has achieved mass production at its new refining-chemical complex in east China’s Jiangsu province lately, according to industry sources.

12-06-2022 18:55:51

Chinese refiners maintain stable production during National Day holiday

Guangzhou (JLC), October 12, 2022-Chinese refiners maintained stable production during the National Day holiday, in a bid to ensure supply in the domestic market.

10-12-2022 15:34:22

China INE crude price soars on OPEC+ production cuts

Guangzhou (JLC), October 10, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) increased significantly on Monday, amid expectations of tighter supply following n

10-10-2022 17:28:51

China INE crude price rises after OPEC agrees to cut production

Guangz?hou (JLC), Sept 6, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) went up on Tuesday, as OPEC+ agreed on September 5 to cut its oil production quota by

09-06-2022 19:02:23

China INE crude price extends gains on OPEC+’s underproduction

Guangzhou (JLC), July 11, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) climbed further Monday on OPEC+’s underproduction, but was capped by demand concerns.

07-11-2022 18:56:47

China INE crude price rallies on Libya’s production shutdowns

Guangzhou (JLC), Jun 14, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) recouped some losses on Tuesday, as supply concerns exacerbated after Libya shut down

06-14-2022 18:12:18

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