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Sinopec Zhanjiang refining-chemical project to supply LPG soon

Beijing (JLC), May 14, 2020--Sinopec may have more than 1,000 mt of liquefied petroleum gas (LPG) supplies per day from its Zhanjiang refining-chemical project soon, market sources said

05-14-2020 11:20:41

Construction starts on ethylene unit of Gulei refining-chemical project

Beijing(JLC), June 17,2019--Gulei Petrochemical started to build the 800,000 mt/year ethylene steam cracking unit at its refining-chemical project on June 10, marking the official start of construction on the refining-chemical project, Sinopec said on its website.

06-17-2019 16:58:20

Sinopec Luoyang finishes 40% refining adjustment project

Beijing (JLC), June 13, 2019--Over 40% of Sinopec Luoyang Company’s oil refining structure adjustment project, into which the company had had injected CNY4.5 billion, had been completed at the end of May, company sources said

06-13-2019 15:28:54

Qingdao Refining & Chemical to start overhaul in May

Sinopec Qingdao Refining & Chemical Co., Ltd. (Sinopec Qingdao Refining & Chemical) plans to maintain all its units for about two months starting from early May, during which it will stop supplying LPG, company sources said

02-15-2019 18:55:57

Shandong to promote high-quality refining industry

Shandong government issued notice for the regional concentration of the Shandong refining industry and the integration of refining and chemical industry and scale intensification.

01-31-2019 14:31:48

Large refining projects are coming soon

The era of large refining and chemical integration is coming soon as ten-million-ton projects are going to come online.

01-30-2019 14:16:59

Large refining projects to stir refined oil market in Guangdong

Many refining and chemical integrated projects are going to launch next few years in southern China, Guangdong province, leading a more competitive refined oil market.

01-29-2019 15:46:20

China refined oil supply structure to be changed by large-scale refining projects

As the newly-built refining capacity in China would be 150 million mt/yr (3,000 kbd) by 2020, the domestic refined oil supply is sufficient, and considering the slowing growth of gasoline and diesel consumption, more exports would be encouraged by the government, JLC data shows.

01-24-2019 17:53:48

Fujian Gulei Refining and Chemical project's new EIA

Fujian Gulei Petrochemical released the second publicity for environmental impact assessment (EIA) on December 10, 2018 on the project of 1 million mt/yr of ethylene unit and its downstream deep-processing units.

12-12-2018 18:08:31

Zhenhai Refining and Chemical's crude run rises 8% in December

Sinopec Zhenhai Refining and Chemical plans to process crude oil 1.79 million mt (422 kbd), rising 8.48% month on month (MoM), with daily run 57,700 mt up 4.99% MoM.

12-12-2018 16:27:07

Another 20 mln mt/yr refining project in Dalian

Fujia Group, China Huayang Economic and Trade Group Co.,Ltd formally signed a strategic cooperation agreement to jointly establish a 20 million mt per year refining and chemical integration project in Dalian city of Liaoning province.

11-12-2018 15:42:16

CNPC Jieyang's 20 mln mt/yr refining project

CNPC and Petroleo De Venezuela (PDVSA) signed a series of agreements to jointly promote Guangdong Jieyang's 20 million mt/yr in South China Sea and fully cooperate in crude oil supply, crude oil transportation and products sales.

02-12-2018 15:08:23

Refining expansion intensifies the oversupply of oil products

Given the low price of crude oil, in 2016 China oil refining industry benefits increased continuously and the oil giants including Sinopec and PetroChina both gained profits.

05-02-2017 17:32:34

Coking refining margins of Shandong teapots dropped to CNY226/mt

The settlement price of light marine crude (density: 0.88-0.90) at Shandong market was CNY3,750/mt without change compared to the price on March 22th, and the theoretical processingprofits of teapots were CNY-141/mt.

03-29-2017 17:57:03

Teapots Oman crude refining saw losses of CNY87/mt

This week, based on the settlement at CNY2,600/mt of light marine crude (density: 0.88-0.90) at Shandong market on August 17th, the theoretical processing profits of Shandong teapots suffered losses of CNY160/mt, and the bullish products supported the incomes.

08-19-2016 08:54:40

Teapots Shengli crude refining saw the losses reduction

This week, based on the settlement at CNY2,600/mt of light marine crude (density: 0.88-0.90) at Shandong market on August 3rd, the theoretical processing profits of Shandong teapots turned losses into gains with CNY28/mt.

08-11-2016 15:15:48

Teapots marine crude refining profits slid to -CNY117/mt

This week, based on the settlement at CNY2,700/mt of light marine crude (density: 0.88-0.90) at Shandong market on July 27th, the theoretical processing loss of Shandong teapots settled at CNY117/mt.

07-28-2016 10:16:32

Teapots Shengli crude refining lost CNY610/mt

This week, based on settlement at CNY2,850/mt of light marine crude (density: 0.88-0.90) at Shandong market on July 13th, the theoretical loss of processing light marine crude of Shandong teapots settled at CNY117/mt, decreasing CNY38/mt WoW.

07-14-2016 08:56:40

teapots marine crude refining lost CNY155/mt

This week, based on settlement at CNY2,900/mt of light marine crude (density: 0.88-0.90) at Shandong market on July 6th, the theoretical loss of processing light marine crude of Shandong teapots settled at CNY155/mt.

07-08-2016 11:16:23

Oman crude refining profits rose to CNY149/mt

This week, based on settlement at CNY2,950/mt of light marine crude (density: 0.88-0.90) at Shandong market on June 29th, the theoretical loss of processing light marine crude of Shandong teapots settled at CNY117/mt .

06-30-2016 13:43:07

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