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Sinopec, PetroChina co-found filling stations first time in Hainan

Beijing (JLC), December 9, 2019--Sinopec and PetroChina jointly founded two petrol/LPG filling stations for the first time in Hainan: Xiwang petrol/LPG filling station and Jinma Dadao petrol/LPG filling station, which have come on stream, Sinopec said on its website.

12-09-2019 16:44:10

Sinopec builds Zhejiang's first hydrogen filling station

Beijing (JLC), September 9, 2019--Sinopec finished the construction of Zhejiang’s first hydrogen filling station in Jiashan county, Jiaxing city on September 6, 2019, the company said on its website.

09-09-2019 16:58:16

LPG filling station development in China

Wang Yunhua from Jiangxi Shihua Gas Group analyzed the LPG filling station development at the 2018 China Petrochemical Industry Annual Meeting (CPIAM) and the 10th JLC Petrochemical Market Trend Conference (PMTC) convened in Hangzhou on December 6, 2018

12-10-2018 17:26:33

CNOOC's filling stations in Jiangxi come online

The first batch of filling stations in Jiangxi of China National Offshore Oil Corporation (CNOOC) came online in November, indicating CNOOC officially entered in the refined oil retailing market in Jiangxi.

11-27-2018 11:20:21

Filling stations profits plunge amid higher wholesale price

China's filling stations suffered great losses in profits as the wholesale-retail spread dropped 38% and 50% of diesel and gasoline respectively amid the wholesale price of refined oil rising to the four-year high.

09-05-2018 15:33:21

Filling stations’ margins plummet

Beijing (JLC), August 15, 2018-Filling stations’ margins dropped greatly as the wholesale-retail price differential in refined products shrank sharply, according to JLC.

08-15-2018 12:56:13

Filling stations’ profit to rise

Filling stations’ profit will increase amid downward wholesale market of refined products.

06-14-2018 10:52:49

Filling stations’ profits to shrink in May

05-14-2018 18:04:28

Filling stations provide discounts amid same margins of gasoline and diesel

The whole-retail margins between gasoline and diesel remained a spread of CNY1,000/mt before, but now it's almost the same. Filling stations’ profits shrink against the previous period, so they provide more discounts to promote sales.

03-22-2018 16:58:28

Oil products of two filling stations in Zibo unqualified

Zibo Industry and Commerce Bureau released October & November 2017 sample check results of oil products on January 10th, 2018 and found two groups of unqualified samples.

01-16-2018 16:31:22

Nine filling stations offer discounts in Changsha

Natural gas shortage continued in Hunan Province. Sinopec Changsha Oil Company announced to encourage using gasoline and diesel instead of natural gas. The number of filling stations offering discounts for gasoline and diesel increased from four to nine.

12-21-2017 17:34:23

Filling stations recorded considerable profits amid weak wholesale market

China domestic filling stations' profits continued to decline since June. JLC monitoring statistics showed that the diesel price spread between wholesale and retail in the past six months

12-14-2017 10:30:26

B5 biodiesel filling station future development

Biodiesel is difficult to produce, store and transport in cold environment due to its low freezing point.

11-24-2017 09:47:18

Illegal filling stations were banned in Xiaogan

A special meeting was convened in Xiaogan City (Hubei Province) on November 17th to deploy the special regulation and control for oil product market and implement the transformation for underground oil tank leakage-prevent facilities of filling stations.

11-21-2017 16:35:57

9 filling stations were banned for unlicensed business in Nantong

As is known from Nantong Oil Product Market Unlicensed Business 100-Day Strike and Control Meeting convened on the afternoon of November 20th, oil product operations without licenses were stricken in different areas.

11-21-2017 15:33:26

Private filling station margin shrank in August

Since mid-late July, international crude price has been rising. Chinese domestic refined product retail prices were raised on August 4th (24:00). Later, retail price adjustment was shelved on August 18th as international crude price moved sideways amid various factors.

08-30-2017 13:43:19

Terminal users are using low-priced oil amid filling stations’ price war

In the first half of 2017, international crude oil futures was in downward trend on the whole. At the beginning of 2017, oil price fell back from the high level as Russia did not expanded the production cut and both the US output and inventory were all in upward trends.

07-18-2017 18:09:15

Filling stations to continue the price war underpinned by the widen markon

Recently, most gasoline and diesel retail terminals were at wars. Filling stations of Sinopec and PetroChina were competing the market share by reducing the retail price.

06-02-2017 16:13:36

Filling stations lower the prices for competition

Recently, it is said that some filling stations of PetroChina and Sinopec sold their oil products at a discount of CNY1-3/l. As JLC knows from sources in some main sales companies, the discount of over CNY1/l exists in some regions indeed.

05-22-2017 17:48:28

Nine filling stations in Urumqi supply CN98

Currently, “supper gasoline” CN98 is available in nine filling stations of Urumqi. With the same price as National Standard V 98-Ron gasoline, CN98 is more efficient and cleaner.

05-16-2017 17:50:51

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