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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

Trafigura and SPG inaugurate Shandong-based JV

Guangzhou (JLC), November 16, 2023 – Global trading giant Trafigura and Shandong Port Group (SPG) inaugurated their joint venture (JV) in Qingdao, Shandong province on November 15.

11-16-2023 17:17:01

Tarim Basin becomes China’s largest ultra-deep oilfield production base

Guangzhou (JLC), September 4, 2023 – Tarim Basin in Xinjiang Uygur Autonomous Region has become China’s largest ultra-deep oilfield base.

09-04-2023 18:49:33

China launches new CNY-based bonded bunker assessments

Guangzhou (JLC), June 25, 2023 – China has launched on June 20 its new CNY-based bonded bunker assessments, which are now published on the website of Shanghai Petroleum and Natural Gas Exchange.

06-25-2023 17:54:11

SW China's biggest rubberized asphalt manufacturing base starts operation

Guangzhou (JLC), June 21, 2023--Guangxi Transportation Science and Technology Group put its rubberized asphalt manufacturing base into operation on June 16, 2023.

06-21-2023 19:17:54

Sinochem starts up South China’s largest third-party oil product transit base

Guangzhou (JLC), June 15, 2023--Sinochem Zhuhai Petrochemical Storage and Transportation (Sinochem Zhuhai) put its phase III project into operation on May 30, making the whole project the largest thir

06-15-2023 15:59:32

Shandong-based independents’ refining margins still plunge in early Apr

Guangzhou (JLC), April 7, 2023--Shandong-based independents’ refining margins for imported crude continued to plunge in early April when import costs surged sharply.

04-07-2023 10:48:43

Shandong-based independents’ refining margins plunge in late Mar

Guangz?hou (JLC), March 29, 2023--Shandong-based independents’ refining margins for imported crude fell back from the previous high in late March, as import costs increased and downstream product pric

03-29-2023 19:04:44

Shandong-based independents’ refining margins drop on higher costs

Guangzhou (JLC), March 9, 2023--Shandong-based independents’ refining margins for both imported and domestic crude rolled back this week, mainly due to cost inflation.

03-09-2023 11:57:40

Shandong-based independents find better refining margins

Guangzhou (JLC), March 2, 2023--Shandong-based independents found more considerable margins for crude refining this week when crude costs fell while downstream fuel prices grew.

03-02-2023 14:13:29

Shandong-based independents’ refining margins surge faster

Guangzhou (JLC), February 1, 2023--Shandong-based independents’ refining margins for imported crude surged much faster this week, because of a further rise in downstream product prices and a reduction

02-01-2023 19:23:04

Shandong-based independents find higher refining margins

Guangzhou (JLC), January 18, 2023--Shandong-based independents found more refining margins for both imported and domestic crude this week, mainly as a result of higher oil product prices.

01-18-2023 18:09:10

Shandong-based independents’ refining margins surge rapidly

Guangzhou (JLC), January 11, 2023--Shandong-based independents found soaring refining margins for imported crude this week, as import costs fell back while most product prices ticked higher.

01-11-2023 19:15:26

PetroChina completes China’s largest commercial crude base

?Guangzhou (JLC), December 10, 2022--PetroChina completed the construction of the country’s largest commercial crude base with a storage capacity of 5.2 million cubic meters (cbm) on November 30.

12-10-2022 10:27:58

Shandong-based independent refiners stagger on dim demand

Independent refiners in Shandong have had difficulties getting price boosts in recent weeks due to a torpid demand recovery.

07-26-2022 19:20:36

PetroChina Dalian Refinery relocation to help build Dalian to intl. petchem base

Beijing (JLC), June 16, 2021--The relocation of PetroChina Dalian Petrochemical to Changxing Island, Dalian in northeast China's Liaoning province has been on the agenda, and is expected to help build Dalian into a world-class petrochemical industrial base.

06-16-2021 13:40:12

Sinopec starts building Gulei commercial crude base in Fujian

Sinopec started the construction of a commercial crude base in Southeast China's Fujian province on November 20, the local government announced.

11-23-2020 12:04:37

China licenses three Fujian FTZ-based companies to import crude

China's Ministry of Commerce (MOC) has officially licensed three companies in the Fujian Pilot Free Trade Zone (FTZ) to import crude oil under the non-state-trade category, according to these companies’ announcements.

07-13-2020 15:00:26

Sinopec completes new commercial crude base

Sinopec Luoyang Petrochemical in central China's Henan took over a new commercial crude base on June 16, after this base was completed by Sinopec’s Pipeline Transportation and Storage Co, Sinopec said on its news website on June 17.

06-17-2020 12:00:34

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