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PetroChina Guangdong raises proportion of processed heavy oil to 75%

Guangzhou (JLC), June 17, 2024--PetroChina Guangdong Petrochemical has increased the proportion of processed heavy crude oil to 75% from 40% when it was commissioned, PetroChina said on its news websi

06-17-2024 15:53:10

China sees upsurges in imports of “Other Fuel Oil” and “Other Heavy Oil”

Guangzhou (JLC), August 22, 2023 – China’s imports under “Other Fuel Oil” (HS code 27101929) increased sharply to 562,033 mt in July, the highest level in recent years.

08-22-2023 16:29:52

Shandong heavy oil prices still mixed in July

Guan?gzhou (JLC), August 2, 2023--Shandong slurry oil prices rebounded in July, because of surging international crude prices, growing demand and tighter supply, while residual oil prices fell back as

08-02-2023 19:01:28

Heavy oil prices in Shandong diverge in June

Guangzh?ou (JLC), July 4, 2023--Slurry oil prices slipped in Shandong last month, due to tepid demand and a decline in international crude prices, while residual oil prices rose, supported by growing

07-04-2023 18:33:53

China's heavy oil prices remain depressed amid supply slump

Beijing (JLC), February 19, 2020--Heavy oil prices in China's domestic market remain depressed despite a supply slump amid the coronavirus outbreak.

02-19-2020 16:28:16

Domestic heavy oil prices rebound on rising crude

Beijing (JLC), September 19, 2019--Domestic heavy oil prices rebounded strongly in recent days, as international crude futures prices increased unexpectedly.

09-19-2019 17:17:41

Daqing Lianyi Petrochemical to put heavy oil catalytic cracking unit online in 2020

Beijing (JLC), July 17, 2019--Heilongjiang Longyou Petrochemical, a wholly-owned subsidiary of Daqing Lianyi Petrochemical, is expected to put its 5.5 million mt/yr heavy oil catalytic cracking unit, as well as a 950,000 mt/yr polyolefin unit online in 2020.

07-17-2019 17:38:41

Domestic heavy oil prices fall in June

Beijing (JLC), July 3, 2019--The traded prices of domestic heavy oil declined in June, in large part due to flat demand.

07-03-2019 11:45:33

PetroChina Xinjiang Oilfield's heavy oil output hits 100 million mt

Beijing (JLC), June 20--PetroChina Xinjiang Oilfield Company had accumulatively produced over 100 million mt of heavy oil buoyed by its own high quality naphthenic low-grade heavy oil and extra heavy oil production technology.

06-20-2019 14:02:58

Domestic heavy oil prices rise on tight supply

Beijing (JLC), June 18, 2019--China domestic heavy oil prices in individual areas increased recently, mainly because the supply tightened amid several independent refiners’ suspension.

06-18-2019 16:18:59

Domestic heavy oil prices rebound on less supply

Beijing (JLC), May 15, 2019--Heavy oil prices in China rebounded recently, as many independent refiners carried out maintenance at their crude distillation units (CDU), lowering the supply.

05-15-2019 10:28:41

Domestic heavy oil prices rise in Feb

Beijing (JLC), March 4, 2019--China domestic heavy oil prices increased in February 2019, mainly as the demand moved up.

03-04-2019 17:25:43

Shandong’s heavy oil prices fall in Dec

Beijing (JLC), December 29, 2018--Heavy oil prices in Shandong tumbled in December amid weakening trading, according to market sources.

12-29-2018 13:44:46

Domestic heavy oil prices fall in Nov

Beijing (JLC), November 28, 2018--As of November 27, high-density slurry oil prices at Shandong-based independent refineries averaged CNY2,700/mt ($388.50/mt), down by CNY750/mt from last month, and vacuum residual oil prices averaged CNY3,300/mt, down by CNY700/mt.

11-28-2018 09:46:33

Domestic heavy oil prices fall amid bearish factors

Beijing (JLC), November 20, 2018--Domestic heavy oil prices went down recently, chiefly due to soft demand and diving international crude prices.

11-20-2018 17:14:22

Sinopec Yangzi to transform heavy oil unit for more light oil products

The heavy oil lightening renovation project of Yangzi Petrochemical Refinery has been fully operated recently to produce more value-added light oil products, such as gasoline and diesel.

11-13-2018 11:31:09

Domestic heavy oil prices rise to highs in Oct

Beijing (JLC), November 2, 2018--In October, domestic heavy oil prices rose to highs because of strong demand and tight supply, and then they stabilized at end-October amid volatile international crude market.

11-02-2018 17:43:08

Domestic heavy oil prices to fall in Oct

Beijing (JLC), September 27, 2018--Domestic heavy oil prices might decline since the start of October due to weak downstream buying power with operating rates at independent refineries rising.

09-27-2018 18:04:37

July saw mixed changes in domestic heavy oil prices

Domestic heavy oil prices saw mixed changes in July because of different demands.

07-31-2018 18:13:36

Guangdong Petrochemical to optimize its heavy oil processing project

Guangdong Petrochemical, which was jointly founded by CNPC and PDVSA, is due to change its 20 million mt/yr refining project, and publicize the environmental impact report for the second time on July 10, 2018.

07-18-2018 13:51:10

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