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PetroChina’s net profits set record high in 2022

Guangzhou (JLC), March 30, 2023--PetroChina’s net profits attributable to equity shareholders set an all-time high last year, mainly as a result of higher oil and gas prices, large?r oil and gas produ

03-30-2023 16:19:16

Sinopec Zhenhai refinery processes record-high crude in 2022

Guangzhou (JLC), March 2, 2023--Sinopec Zhenhai Refining and Chemical Company (ZRCC) in Ningbo, Zhejiang Province processed record-high crude in 2022, after expanding its refining capacity in 2021.

03-02-2023 18:37:42

Sinopec Qilu Petrochemical cuts 2022 crude runs by 4.38%

Guangzhou (JLC), February 20, 2023--Sinopec Qilu Petrochemical in Shandong’s Zibo cut its crude runs by 4.38% in 2022, according to data from Qilu Petrochemical.

02-20-2023 15:52:18

China hikes crude imports from UAE in 2022

Guangzhou (JLC), January 24, 2023--China hiked its crude imports from the UAE in 2022, as the two countries deepened their cooperation.

01-24-2023 16:13:05

Chinese independents’ crude sources concentrate further in 2022

Guangzhou (JLC), January 19, 2023--Chinese independent refiners cut their crude imports in 2022, and their sources of imported grades concentrated further.

01-19-2023 17:08:33

China’s crude runs drop 3.4% in 2022

Guangzhou (JLC), January 17, 2023--Chinese refiners processed 675.90 mln mt of crude oil in 2022, a decline of 3.4% from the previous year.

01-17-2023 11:46:57

PetroChina Yunnan Petchem and Dushanzi Petchem hike 2022 crude runs

Guangzhou (JLC), January 9, 2023--PetroChina Lanzhou Petrochemical and Dushanzi Petrochemical hiked their crude throughput in 2022, PetroChina said on its news website.

01-09-2023 15:29:39

Sinopec Zhanjiang refinery cuts 2022 crude runs as domestic demand drops

January 6, 2023--Like many other Chinese refineries, Sinopec Zhanjiang refinery in Guangdong cut its crude runs in 2022, as domestic fuel demand shrank amid constant outbreaks of Omicron.

01-06-2023 15:55:26

PetroChina Yunnan Petrochemical raises 2022 crude runs by 2.46%

?Guangzhou (JLC), December 30, 2022--PetroChina Yunnan Petrochemical has processed over 10 mln mt of crude so far this year, an increase of 2.46% from 2021, the company said on December 30.

12-30-2022 18:07:34

Review of major events in China oil market in 2022 (2)

China cut the quotas on non-state crude imports for 2022, as demand weakened amid constant outbreaks of COVID-19 in China.

12-26-2022 15:48:41

Shandong independents to import less crude in 2022

Guangzhou (JLC), December 16, 2022--Shandong-based independent refineries are likely to import less crude in 2022, as domestic oil product demand has been constantly depressed by mounting virus resurg

12-16-2022 13:58:27

China’s crude imports to surge in last two months of 2022

Guangzhou (JLC), November 29, 2022--China’s crude imports are likely to surge in the last two months of 2022, amid independent refiners’ efforts to use up their 2022 quotas.

11-29-2022 15:45:36

China’s crude imports to slip modestly in 2022

Guangzhou (JLC), November 17, 2022--China’s crude imports are likely to slip modestly in 2022, as domestic fuel demand has been hit hard by constant outbreaks of COVID-19 and related restrictions.

11-17-2022 14:27:30

New refineries to bolster China’s crude imports modestly in late 2022

Guangzhou (JLC), October 17, 2022--The expected startup of PetroChina Guangdong Petrochemical's Jieyang refinery and the commercial operation of Shenghong refinery will bolster China's crude imports.

10-17-2022 17:21:39

China releases 3rd-batch crude import quota for 2022

Guangzhou (JLC), September 30, 2022--China's Ministry of Commerce (MOC) has lately issued this year’s third batch of quota on non-state crude imports, permitting 2.89 mln mt of imports.

09-30-2022 15:14:12

China imports crude from fewer sources in Aug 2022

Guangzhou (JLC), September 20, 2022--China imported crude from only 20 sources in August 2022, down from 28 in July and 33 in the corresponding month in 2021.

09-20-2022 16:01:36

Sinopec to cut its crude runs by 5.69% in 2022

Guangzhou (JLC), August 30, 2022--Sinopec plans to reduce its crude throughput by 5.69% in 2022, because of depressed fuel demand amid persistent impact from the virus.

08-30-2022 11:26:01

China boosts crude imports from Mideast in July 2022

Guangzhou (JLC), August 22, 2022--China increased its crude imports from most suppliers in the Middle East in July 2022 when the country’s imports rebounded modestly month on month.

08-22-2022 14:28:11

Sinopec Jinling Petrochemical cuts crude runs in H1 2022

Guangzhou (JLC), August 1, 2022--Sinopec Jinling Petrochemical in east China's Nanjing reduced its crude throughput in the first half of 2022 when fuel demand received a blow from the resurgence of a

08-01-2022 16:27:54

PetroChina Guangxi records high refinery runs in H1 2022

Guangzhou (JLC), July 27, 2022-PetroChina Guangxi Petrochemical tallied high refinery runs in the first half of 2022 and made the best profit for this period of time in history, Guangxi Petrochemical

07-27-2022 16:42:14

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