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CNOOC Daxie Petchem starts importing crude independently

Guangzhou (JLC), June 19, 2025--CNOOC Ningbo Daxie Petrochemical received its first batch of imported crude oil through independent procurement on June 11 since its establishment 23 years ago.

06-19-2025 16:09:58

Independents' refining margins for imported crude plunge

Guangzhou (?JLC), June 19, 2025--Shandong-based independents saw a plunge in their refining margins for imported crude in mid-June, mainly due to a surge in crude costs.

06-19-2025 14:22:36

Shandong independents' run rates rebound on unit restarts

Guangzhou (JLC), June 18, 2025--Shandong independent refiners' operating rates rebounded in the week ending June 18, putting an end to 11 weeks of drops, because of unit restarts.

06-18-2025 18:36:01

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), June 12, 2025--Shandong-based independents’ refining margins for imported crude retreated in the week to June 11 as crude costs rebounded, despite an in?crease in their sales revenue.

06-12-2025 14:13:35

Shandong independents' run rates drop for 11 weeks in a row

Guangzhou (JLC), June 11, 2025--Shandong independent refiners' operating rates extended falls in the week ending June 11, the 11th week in a row, amid peak maintenance.

06-11-2025 18:30:39

Chinese independent refiners’ operating rate drops modestly in May

?Guangzhou (JLC), June 11, 2025--Chinese independent refiners' operating rate fell modestly in May 2025 when unit maintenance grew amid seasonally weak demand.

06-11-2025 16:00:13

Sinopec Hunan’s jet fuel pipeline terminal station passes acceptance

Guangzhou (JLC), June 10, 2025--The terminal station project of the jet fuel pipeline linking Hunan Petrochemical to Changsha Huanghua International Airport has passed the completion acceptance, China

06-10-2025 15:32:17

Shandong independents’ feedstock unloading decreases in May

Guan?gzhou (JLC), June 6, 2025--Shandong-based independent refiners’ feedstock unloading continued to decrease in May, as their demand slipped amid more unit maintenance.

06-06-2025 17:27:27

Independents find higher refining margins for imported crude

Guangzho?u (JLC), June 5, 2025--Shandong-based independent refiners found higher refining margins for imported crude in early June, because of rising sales revenue and slightly lower crude costs.

06-05-2025 14:35:13

Shandong independents' run rates drop for 10 weeks in a row

Guangzhou (JLC), June 4, 2025--Shandong independent refiners' operating rates extended falls in early June, the 10th week in a row, amid peak maintenance.

06-04-2025 17:26:17

Independents’ refining margins for imported crude surge

Gua?ngzhou (JLC), May 29, 2025--Shandong-based independents’ refining margins for imported crude surged in late May, as crude costs retreated and sales revenue increased.

05-29-2025 16:20:15

Shandong independents' run rates drop for nine weeks in a row

Guangz?hou (JLC), May 28, 2025--Shandong independent refiners' operating rates extended falls in late May, the ninth week in a row, as more units came under maintenance.

05-28-2025 19:12:16

Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

Shandong independents' run rates drop for eight weeks in a row

Guangzhou (JLC), May 21, 2025--Shandong independent refiners' operating rates dropped again in the week ending May 21, the eighth week in a row, due to more unit maintenance.

05-21-2025 18:00:27

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

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

Shandong independents' run rates drop for seven weeks in a row

?Guangzhou (JLC), May 14, 2025--Shandong independent refiners' operating rates extended drops in the middle of May, the seventh week in a row, due to more unit maintenance.

05-14-2025 18:27:33

Feedstock unloading for Shandong independents retreats in April

Guangzhou (JLC), May 9, 2025--Shandong-based independent refiners saw a slowdown in their unloading of imported feedstock in April, after a surge in March.

05-09-2025 15:26:14

Independents’ crude refining margins surge as costs plunge

Guangzhou (JLC), May 7, 2025--Shandong-based independents saw a surge in their crude refining margins in early May, thanks to a plunge in crude costs, despite a decline in sales revenue.

05-07-2025 18:44:41

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