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ZPC pushes ahead with crude oil terminals and storage base project

Guangzhou (JLC), May 26, 2025--Zhejiang Petroleum and Chemical (ZPC) Jintan Logistics Co. is pushing ahead with its crude oil terminals and storage base in Zhoushan, according to official reports.

05-26-2025 18:06:56

Shenzhen Port Zhoushan Energy Base launches bonded fuel oil storage

Guangzhou (JLC), April 27, 2025--About 8,400 mt of bonded fuel oil, carried by tanker “CHAO YANG 901”, was recently put into the tank farm of Shenzhen Port Group’s Zhoushan Energy Base, marking the st

04-27-2025 18:42:56

PetroChina Sichuan completes two jet fuel storage tanks

Guangzhou (JLC), November 25, 2024--PetroChina Sichuan Petrochemical completed the construction of two new jet fuel storage tanks on November 13, PetroChina reported on its official news website.

11-25-2024 17:58:12

CNOOC starts building China's largest underground commercial oil storage

Guangzhou (JLC), December 12, 2023 – CNOOC began constructing China’s largest underground commercial oil storage facility on December 9, the state-owned oil and gas giant said on December 11.

12-12-2023 17:44:42

China’s largest coastal oil storage facilities enter operation

Guangzhou (JLC), August 25, 2023 – Phase III of the commercial crude oil storage tank farm at Dongjiakou Port run by Shandong Port Group (SPG) has been put into operation.

08-25-2023 14:31:27

Crude stocks at Shandong ports grow on more storage capacity

Guangzhou (JLC), June 1, 2023--The crude stocks at Shandong ports grew in the week to June 1, due to the coverage of more tanks involved in JLC research.

06-01-2023 18:13:14

CNOOC starts operating 5-mln-cbm crude storage at Dongying port

Guangzhou (JLC), February 16, 2023--China National Offshore Oil Corporation (CNOOC) started to pump oil into its 5.0-mln-cbm commercial crude oil tank farm at Shandong's Dongying port on February 16.

02-16-2023 22:23:29

Sinopec starts operating Yueyang crude storage site

Guangzhou (JLC), August 12, 2021--Sinopec started filling Yueyang commercial crude storage site with oil on July 31, marking the storage site was officially put into commission, Sinopec Changling refinery said.

08-12-2021 14:32:15

CNPC to build commercial crude storage farm in Jieyang

Beijing (JLC), July 1, 2021--China’s state-owned oil company CNPC is expected to start building a commercial crude storage farm in southern Guangdong province.

07-01-2021 16:25:49

Sinopec prepares for launch of Yueyang crude storage site

Beijing (JLC), June 28, 2021--China’s oil giant Sinopec said Sunday that the company had just completed the construction of Yueyang commercial crude oil storage site and begun to prepare for its operation.

06-28-2021 14:08:29

China’s INE lifts capacity of its LSFO futures delivery storages

Beijing (JLC), April 20, 2021--China’s Shanghai International Energy Exchange (INE) announced on April 14 that it had approved the expansion of the capacity of one of the four designated delivery storage facilities for very low sulfur fuel oil (VLSFO) of its listed futures.

04-20-2021 18:04:34

Shandong Port to add 5 mln cbm crude storage at Qingdao

Beijing (JLC), March 11, 2021--Shandong Port Group Company started the construction of a total of 5 million (mln) cubic meters (cbm) of crude storage tanks at Qingdao port in early March.

03-11-2021 14:41:40

China re-exports more crude from INE bonded storage

Beijing (JLC), November 25, 2020--China re-exported another crude cargo from a Shandong-based bonded storage designated by the Shanghai International Energy Exchange (INE) for futures delivery.

11-25-2020 17:04:03

SHPGX records first bonded crude storage deal

Some of Shandong-based Dekun Energy’s bonded crude storage has been leased via Shanghai Petroleum and Natural Gas Exchange (SHPGX), the first deal in the bonded crude storage trading event of the exchange.

11-18-2020 18:19:55

PipeChina to operate pipeline and storage facilities from Oct 1

China Oil and Gas Piping Network Corporation (PipeChina) will start operating the oil and gas pipelines and storage facilities that it has acquired from Sinopec, PetroChina and CNOOC on October 1, according to their agreements.

09-30-2020 18:37:08

INE crude slips further amid rising floating storage

The price of crude futures on the Shanghai International Energy Exchange (INE) inched lower on Monday, as the world’s top oil traders have been chartering dozens of supertankers.

09-14-2020 19:35:17

INE crude lower amid storage concerns

The price of crude futures on the Shanghai International Energy Exchange (INE) slipped further on Friday, on the back of a crude inventory build and the news of rising floating storage.

09-11-2020 19:59:54

China's July MTBE imports retreat on soft demand, tight storage capacity

China's MTBE imports in July retreated after a record high set in June, coming under downward pressure from soft gasoline blending demand and tight storage capacity.

09-01-2020 18:49:04

Sinopec's Wen-23 storage stores up 1 billion cbm of gas

Sinopec's Wen-23 underground gas storage in Henan province's Puyang has stored up one billion cubic meters (cbm) of gas for consumption in the coming heating season, Sinopec said on its website.

08-10-2020 14:52:09

Sinopec starts operation at Luoyang storage site

China's biggest refiner Sinopec has started operation at its Luoyang commercial crude storage site in central Henan province, which will help it ensure crude supply for expanding Luoyang refinery.

07-02-2020 14:13:54

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