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China completes main structure of Asia’s first cylinder-shaped FPSO

Guangzhou (JLC), August 17, 2023 – The main structure of Asia’s first cylinder-shaped floating production storage and offloading (FPSO) facility was completed in Qingdao, Shandong province.

08-17-2023 19:02:22

China INE crude price slides as Asian oil demand outlook weakens

Guangzhou (JLC), October 31, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) retreated moderately on Monday, as the prospect for Asian oil demand dimmed after

10-31-2022 19:29:26

Shandong receive more feedstock imports from Southeast Asia

Guangzhou (JLC), March 19, 2021--Shandong-based independent refiners and traders were scheduled to receive more imported feedstocks including crude and diluted bitumen--from Southeast Asia during March 1-19.

03-19-2021 17:56:48

INE crude rallies on optimism for Asian oil demand recovery

The price of crude futures on the Shanghai International Energy Exchange (INE) inched higher on Tuesday, with support from optimism about Asian oil demand and bullish non-farm data in the U.S.

08-11-2020 18:13:26

PetroChina International exports more oil to Southeast Asia

Beijing (JLC), November 12, 2019--PetroChina International South China has exported more than 100,000 mt of gasoline and diesel to Myanmar and Laos in this year ended October 20, according to PetroChina news website.

11-12-2019 10:34:01

Asia Pacific to become world's only net importer of crude oil

Beijing (JLC), August 26, 2019--China National Petroleum Corporation (CNPC) researchers forecast in a new report that Asia Pacific will become the only territory in the world that imports crude oil more than it exports.

08-26-2019 11:42:43

Asia naphtha prices fall after rising in H1 2019

Beijing (JLC), June 25, 2019--Asia naphtha prices fell after rising in the first half (H1) of 2019, JLC data showed.

06-25-2019 17:23:46

Asian consumers to use better fuel

Beijing (JLC), September 11, 2018--Asian consumers are to use better fuel with the quality of oil products improving, a source said.

09-11-2018 14:43:42

Ningbo Daxie to build Northeast Asia’s largest low-carbon energy trading center

Ningbo Daxie is trying its best to build a 100 billion-level modern service industry base and a 100 billion-level port-surrounding manufacturing base.

12-14-2017 15:53:56

Asian market may become the biggest beneficiary of Venezuela's crude export

Traders and analysts believed that Asia would be the biggest beneficiary if the US imposed any potential sanctions against Venezuelan crude industry

08-17-2017 16:12:57

Asia's largest seabed oil pipeline was put into operation in Guangdong Maoming

06-21-2017 17:02:15

Coal may be the biggest power source in Southeast Asia by 2030

With the increasing coal demand, it will surpass natural gas as the biggest power source in Southeast Asia by 2030.

05-24-2017 14:33:08

Xinjiang Oil and Gas Exchange is approved and is to be the pricing center for Central Asia

Depending on the perfect oil and gas industrial chain, Karamay City was approved by Xinjiang Autonomous Region Development and Reform Commission to launch the preliminary work for Xinjiang Oil and Gas Exchange Center on April 8th.

05-19-2017 16:24:24

Asian Bunker Fuel oil Assessment (April 6th, 2017)

04-07-2017 13:48:04

Asian petroleum industry ready to rebound

After two-year suffering, the upstream of Asia petroleum industry has showed the signs of recovery, and the steadily rising oil price seems to convince the marketers that the “bad days” for the upstream of Asia petroleum industry may come to the end.

03-22-2017 10:04:43

Record-high 9.4 million bbl U.S. crude to reach Asia

According to Reuters trade flow data, around 9.4 million bbl U.S. crude oil is scheduled to unload in Asia in April, which would post a record high.

03-16-2017 16:08:16

Asian 500 ppm diesel stays short on firm demand

Asian 500 ppm diesel market was trapped in supply shortage on firm demand on Tuesday. Procurements for 500 ppm diesel have been heard from Sri Lanka, Malaysia and Vietnam.

03-15-2017 15:03:37

9.4 million bbl U.S. crude to reach Asia in April

The U.S. crude oil exports totaled 897,000 bbl in the week ended March 3rd, climbing 176,000 bbl week on week and 510,000 bbl or 130% year on year.

03-14-2017 16:45:52

The battle for Asian oil market shares never stops

OPEC oil countries put down the previous differences, and held together to carry out the production reduction agreement to reduce the oversupply of the oil market.

02-21-2017 17:49:13

Asian countries' imported oil ratio from Iran was more than 60%

According to Fars News Agency Tehran report on October 16th, MoHeSen Kamm Surrey, the head of international affairs in NIOC stated Asia was the largest consumer for Iranian crude.

10-18-2016 11:02:21

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