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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 sees a year-on-year surge in its April crude runs

Guangzhou (JLC), May 21, 2025--Shandong province saw a year-on-year surge in its refinery crude runs in April 2025, which could be ascribed to the startup of a new refinery.

05-21-2025 15:37:30

China's naphtha imports from UAE surge in April

Guangzhou (JLC), May 20, 2025--China’s naphtha imports from the United Arab Emirates (UAE) soared in April when those from Russia plunged.

05-20-2025 17:15:30

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

China's crude imports from Canada surge in Jan-Mar 2025

Guangzhou (JLC), April 21, 2025--China's crude imports from Canada surged year on year in the first three months of 2025, according to the data released by the GACC.

04-21-2025 16:20:46

Feedstock unloading for Shandong independents surge in March

Guangzhou (JLC), April 11, 2025--Shandong-based independent refiners continued to raise their cargo unloading in March, as crude refining margins improved and their operating rates climbed.

04-11-2025 19:19:00

Independents’ crude refining margins surge as costs tumble

Guangzhou (JLC), April 9, 2025--Shandong-based independents’ crude refining margins surged in the week to April 9, due to a slump in crude costs, despite a decline in their sales revenue.

04-09-2025 18:57:19

Crude stocks at Shandong ports surge to over seven-month high

Guangzhou (JLC), April 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports surged to a new high in over seven months in early April.

04-03-2025 17:27:34

CNOOC's net profit surges 11.4% in 2024

Guangzhou (JLC), March 27, 2025--CNOOC’s net profit surged by 11.4% year on year in 2024 on the back of production growth and cost reduction, according to the company’s annual report released on March

03-27-2025 19:11:07

Shandong independents’ run rates surge after unit restart

Guangzhou (JLC), March 26, 2025--Shandong independent refiners’ operating rates surged in the week ending March 26, mainly because of the unit restart of two refiners.

03-26-2025 18:45:48

Independents’ crude refining margins surge as costs decrease

Guangzhou (JLC), March 6, 2025--Shandong-based independents’ crude refining margins surged in early March, driven up by a further decrease in crude costs, despite lower sales revenue.

03-06-2025 11:55:14

Daqing Refining & Chemical's January crude runs surge 8.14%

Guangzhou (JLC), February 20, 2025--PetroChina Daqing Refining & Chemical's crude runs soared by 8.14% year on year in January 2025, Daqing Daily reported on its news website on February 20.

02-20-2025 18:36:29

China's jet fuel exports surge 19.62% in 2024

Guangzhou (JLC), January 23, 2025--China's jet fuel exports soared by 19.62% to about 18.92 million mt in 2024, according to data from the General Administration of Customs of the PRC (GACC).

01-23-2025 13:53:04

China’s bonded bunker fuel imports surge in 2024, exports edge down

Guangzhou (JLC), January 22, 2025--China’s bonded bunker fuel imports surged in 2024, while its bonded bunker fuel exports plunged, which could mainly be ascribed to tig?ht domestic supply.

01-22-2025 18:49:56

China's crude imports from Malaysia surge 28.4% in 2024

Guangzhou (JLC), January 20, 2025--China’s crude imports from Malaysia surged by 28.4% in 2024, in stark contrast to a decline of 1.87% in the former’s total crude imports in the year.

01-20-2025 17:26:31

China’s fuel prices extend gains as crude prices surge

Guangzhou ?(JLC), January 17, 2025--China’s wholesale gasoline and diesel prices extended gains in mid-January, because of soaring international crude prices and growing gasoline demand.

01-17-2025 17:50:17

Independents’ crude refining margins surge in mid-Jan

Guangzhou (JLC), January 15, 2025--Shandong-based independents’ crude refining margins surged in mid-January, buoyed by a rapid increase in sales revenue, despite a rise in crude costs.

01-15-2025 18:31:54

China INE crude price surges on new US sanctions against Russia

Guangzhou (JLC), January 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Monday, mainly supported by new US sanctions against Russia.

01-13-2025 19:14:03

Sinopec Yanshan's jet fuel exports surge to new high in 2024

?Guangzhou (JLC), January 7, 2025--Sinopec Yanshan Petrochemical's jet fuel exports surged 25.93% to a new record of over 800,000 mt in 2024, the company said on December 31, 2024.

01-07-2025 13:43:44

Domestic gasoline demand to surge in January, diesel to drop

Guangzhou (JLC), January 2, 2025--Domestic gasoline demand will surge in January 2025, because of peak travel around the Chinese New Year, while diesel demand will drop.

01-02-2025 14:18:04

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