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China’s fuel oil imports from Russia plunge in H1 2025

Guan?gzhou (JLC), July 21, 2025--China recorded a plunge in its fuel oil imports from Russia in the first half (H1) of this year, which could be attributed to weakening demand and relatively high impo

07-21-2025 16:53:23

Daqing Refining & Chemical's crude runs top 2.8 mln mt in H1 2025

Guangzhou (JLC), July 9, 2025--PetroChina Daqing Refining & Chemical in Heilongjiang processed a total of 2.835 million mt of crude oil in the first half (H1) of this year, the company said on its off

07-09-2025 17:04:27

Independents' refining margins for imported crude widen in H1 2025

Guangzhou (JLC), July 7, 2025--Shandong-based independents' refining margins for imported crude improved in the first half (H1) of 2025, due to a relatively large decrease in feedstock costs.

07-07-2025 15:42:27

China's naphtha imports hit new high in May 2025

Guangzhou (JLC), June 18, 2025--China’s naphtha imports set a new high in May as its demand was growing amid more startup of steam crackers.

06-18-2025 17:05:14

China cuts crude imports from Russia in Jan-Apr 2025

Guangzhou (JLC), May 20, 2025--China reduced its crude imports from Russia in the first four months of 2025, which could be ascribed to higher premiums amid tightening supply.

05-20-2025 14:23:34

Huajin Aramco to complete petrochemical project by end of Sept 2025

Guangzhou (JLC), May 16, 2025--Huajin Aramco Petrochemical Company is striving to complete the construction of its fine chemicals and raw material project by the end of September 2025.

05-16-2025 16:57:14

Yanchang to complete construction of new crude oil tanks by Sept 2025

Guangzhou (JLC), May 15, 2025--Shaanxi Yanchang Petroleum plans to have the construction of its 1.0-million-cubic-meter (cbm) crude oil tank farm completed by September 2025.

05-15-2025 18:03:32

China’s crude output hits new high in March 2025

?Guangzhou (JLC), April 22, 2025--China's crude output hit a new high of 19.03 million mt in March 2025, a boost of 3.5% from the same month in 2024, according to data from the NBS.

04-22-2025 11:42:50

China's crude imports from Canada surge in Jan-Mar 2025

Guangzhou (JLC), April 21, 2025--China's crude imports from Canada surged year on year in the first three months of 2025, according to the data released by the GACC.

04-21-2025 16:20:46

Bohai Oilfield’s oil and gas output hits all-time high in Q1 2025

Guangzhou (JLC), April 15, 2025--CNOOC’s Bohai Oilfield produced over 10 million mt of oil and gas in the first quarter (Q1) of this year, the highest level in about sixty years of the oilfield’s deve

04-15-2025 17:28:06

China’s MTBE prices grow in Q1 2025

Beijing (JLC), April 11, 2025--China’s MTBE prices averaged CNY5,821/mt in the first quarter (Q1) of 2025, up by 6.05% quarter-on-quarter, JLC’s data shows.

04-11-2025 11:49:43

PetroChina’s net profit sets new high in 2024

Guangzhou (JLC), March 31, 2025--PetroChina’s net profit attributable to its equity shareholders set a new high in 2024, mainly because of lower costs, despite slightly lower sales revenue.

03-31-2025 18:27:04

PetroChina to cut its crude runs in 2025

Guangzhou (JLC), March 31, 2025--PetroChina plans to cut its crude runs in 2025 when the company continues to push forward with its transition and upgrade in the refining sector.

03-31-2025 14:19:47

CNOOC's net profit surges 11.4% in 2024

Guangzhou (JLC), March 27, 2025--CNOOC’s net profit surged by 11.4% year on year in 2024 on the back of production growth and cost reduction, according to the company’s annual report released on March

03-27-2025 19:11:07

China’s LPG imports drop in Feb 2025

Beijing (JLC), March 26, 2025—In February, China’s LPG imports totaled 2.64 million mt, down by 149,100 mt or 5.34% month on month.

03-26-2025 09:06:58

China’s fuel oil output falls in Jan-Feb 2025

Guangzhou (JLC), March 25, 2025--China’s fuel oil output fell in January-February 2025, which could be mainly ascribed to relatively weak demand and bad production margins.

03-25-2025 19:14:54

China's fuel oil imports plunge in first two months of 2025

Guangzhou (JLC), March 21, 2025--China recorded a year-on-year slump in its fuel oil imports in the first two months of 2025 when demand from independent refiners weakened.

03-21-2025 18:11:28

China’s crude runs up 2.1% in Jan-Feb 2025

Guangzhou (JLC), March 17, 2025--China’s crude oil throughput rose by 2.1% year on year in January-February 2025, according to data from the National Bureau of Statistics (NBS).

03-17-2025 15:00:49

China’s oil product exports drop 18.1% in first two months of 2025

Guangzhou (JLC), March 7, 2025--China's exports of oil products amounted to about 7.21 million mt in the first two months of 2025, a drop of 18.1% year on year, according to data from GACC.

03-07-2025 15:09:09

China to cut fuel ceilings on March 6, second time in 2025

Guangzhou (JLC), March 5, 2025--China will cut its retail ceilings of gasoline and diesel on March 6, 2025 (Thursday), the second time in 2025, as international crude prices have extended losses over

03-05-2025 14:17:15

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