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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

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

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

China’s fuel oil production stays high in July

Guangzhou (JLC), August 22, 2022--China’s fuel oil production remained at a high level in July amid multiple factors including rebounding operating rates and considerable margins for low-sulfur fuel o

08-22-2022 19:34:54

PetroChina Daqing starts bunker oil production in June

Beijing (JLC), August 12, 2021--China’s biggest oil and gas producer PetroChina started commercial production of bunker fuel oil at its Daqing Petrochemical, the company said.

08-12-2021 15:14:19

Sinopec Zhanjiang cuts energy use in alkylate oil production

Beijing (JLC), July 22, 2021--Sinopec Zhanjiang Petrochemical managed to produce over 30,000 mt of alkylate oil from its alkylation unit in June, with an energy consumption of 3,865 million KJ/mt, ranking first among the same units regarding the energy conservation.

07-22-2021 10:15:22

INE crude slips as Libya’s oil production set to recover

Guangzhou (JLC), April 27, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) inched lower on Tuesday, in light of the prospect of production recovery from Libya, but limited by an upsurge in China’s industrial profits.

04-27-2021 18:53:29

INE crude retreats despite record US oil production decline

The price of crude futures on the Shanghai International Energy Exchange (INE) shed some gains on Friday, despite a record oil production decline in the United States.

02-19-2021 18:53:40

China's fuel oil production keeps surging on strong demand

China's fuel oil production continued to surge in November 2020 because of relatively strong demand and better margins amid China's tax rebate.

12-21-2020 13:58:41

China speeds up fuel oil production in October

China’s fuel oil production quickened in October 2020 amid a traditionally high demand season.

11-24-2020 19:02:28

PetroChina Liaoyang boosts LS fuel oil production sharply in 2020

PetroChina Liaoyang Petrochemical in northeast China has boosted its low-sulfur (LS) fuel oil production sharply in 2020, PetroChina said on its news website.

11-10-2020 18:56:48

China slows fuel oil production in September

China's fuel oil production slowed down in September 2020, as supply became abundant after continuous production surges and demand recovery was relatively slow.

10-22-2020 16:25:31

INE crude rises with temporary oil production shut-ins

The price of crude futures on the Shanghai International Energy Exchange (INE) rallied on Friday, amid output cuts forced by hurricane Delta and strike in Norway.

10-09-2020 18:28:37

Liaohe Petrochemical speeds up LS bunker fuel oil production

PetroChina Liaohe Petrochemical in northeast China is boosting its low-sulfur (LS) fuel oil production and proceeds with the construction of facilities for such fuel, PetroChina said on its news website.

08-10-2020 17:38:40

PetroChina Jinzhou starts bunker oil production

Beijing (JLC), March 26, 2020--PetroChina Jinzhou Petrochemical, located in northeast China’s Liaoning province, recently started bunker fuel oil production, half a year ahead of scheduled date, PetroChina said on its website on March 19.

03-26-2020 17:20:02

Qinghai Oilfield's oil production hits 6,340 mt a day

Beijing (JLC), September 4, 2019--PetroChina Qinghai Oilfield's oil production has increased to 6,340 mt a day, 300 mt higher than that in this year's first quarter, hitting a record high, according to market sources.

09-04-2019 17:39:01

CNPC extends oil production contract with Oman for 15 years

Beijing (JLC), August 8, 2019--China National Petroleum Corporation (CNPC) said Thursday that it has extended its oil production contract with Oman for a further 15 years.

08-08-2019 17:45:57

PetroChina builds largest ultra-deep condensate oil production base

PetroChina Tarim Oilfield has built up the world's largest ultra-deep condensate oil and gas production base in Xinjiang, company sources said

03-27-2019 15:46:11

Sinopec steps up LS bunker fuel oil production

Another Sinopec refinery has started to produce low-sulfur (LS) bunker fuel oil, as Sinopec steps up LS bunker fuel production before the International Maritime Organization's new sulfur cap in 2020.

03-01-2019 14:57:45

Update: Shanghai Petrochemical starts LS bunker fuel oil production

Sinopec Shanghai Petrochemical started to produce low-sulfur heavy bunker fuel oil on January 18, making it the first producer of the fuel of all Chinese refiners, according to news posted on Sinopec's online newspaper.

01-24-2019 10:02:14

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