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Shandong independents' run rates extend falls in February

Guangzhou (JLC), March 6, 2025--Shandong-based independent refiners' operating rates moved lower in February because of two refinery turnarounds and maintenance at one crude distillation unit (CDU).

03-06-2025 13:51:05

State-owned refineries' run rates up again in February

Guangzhou (JLC), March 6, 2025--Chinese state-owned oil companies' refinery operating rates continued to go up in February on the back of still strong gasoline demand and recovering diesel demand.

03-06-2025 13:48:44

Shandong independents' run rates drop further in mid-February

Guangzhou (JLC), February 19, 2025--Shandong independent refiners' operating rates extended drops in the week ending February 19, as another refiner shut one of its CDUs for maintenance.

02-19-2025 18:45:54

Chinese SOEs to hike February crude runs to meet demand

Guangzhou (JLC), February 8, 2025--Chinese state-owned enterprises (SOEs) plan to boost their crude throughput in February 2025, when demand for gasoline and jet fuel stays strong.

02-08-2025 15:51:02

State-owned refinery run rates up in early February

Beijing (JLC), February 7, 2025--Chinese state-owned oil refineries' run rates increased in the week to February 5 (Wednesday), JLC’s data shows.

02-07-2025 15:33:38

CNOOC brings another oilfield development project on stream

Guangzhou (JLC), January 8, 2025--State-owned China National Offshore Oil Corporation (CNOOC) announced the commencement of production at the Panyu 11-2 oilfield/Panyu 10-1 oilfield/Panyu 10-2 oilfiel

01-08-2025 14:48:39

China INE crude price rallies on breakdown of Gaza truce talks

Guangzhou (JLC), May 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday after the talks on a truce in the Gaza Strip broke down.

05-10-2024 19:04:08

Feedstock unloading for Shandong independents rally in February

Guangzhou (JLC), March 8, 2024 – Feedstock unloading for Shandong independents rallied in February, as local independent refiners boosted purchase after the release of this year’s crude quotas.

03-08-2024 15:34:59

Shandong independents' February run rates fall for fifth month straight

Guangzhou (JLC), March 5, 2024--Shandong-based independent refiners' operating rates dropped for a fifth consecutive month in February, mainly because of rising costs and declining margins.

03-05-2024 16:34:06

State-owned refineries' run rates rise in February

Guangzhou (JLC), March 5, 2024--Chinese state-owned oil companies raised their refinery operating rates in February on account of robust gasoline and jet fuel consumption.

03-05-2024 16:32:55

Sinopec and PetroChina continue to raise crude runs in February

Guangzhou (JLC), March 5, 2024--Sinopec and PetroChina continued to lift their crude throughput in February in view of growing gasoline and jet fuel demand.

03-05-2024 16:31:42

State-owned refinery run rates stabilize in late February

Beijing (JLC), February 29, 2024--Chinese state-owned oil refineries' run rates were steady in the week to February 28, 2024 (Wednesday), JLC’s data shows.

02-29-2024 17:50:33

China's deepest oil well set to break through 10,000 meters

Guangzhou (JLC), February 19, 2024 – The drilling of Shendi Take-1, an exploration well with a designed depth of unprecedented 11,100 meters, was about to break through 10,000 meters.

02-19-2024 18:54:41

Independents’ feedstock demand to increase in February

Gua?ngzhou (JLC), February 2, 2024--Shandong-based independent refiners’ feedstock demand is likely to increase in February, as domestic gasoline and jet fuel demand will be boosted by record traffic.

02-02-2024 18:53:33

PetroChina Dushanzi brings forward its overhaul schedule in 2024

Guangzhou (JLC), December 1, 2023 – PetroChina Dushanzi Petrochemical (200,000 b/d) in Xinjiang Uygur Autonomous Region has decided to move its overhaul schedule up to May 15, 2024, the company said.

12-01-2023 18:27:49

Refining capacity set to reach the brink of guidelines’ ceiling in 2024-2025

Guangzhou (JLC), October 30, 2023 – China is set to move closer to the refining capacity ceiling set by the government, as a total of 740,000 barrels per day of new capacity will come online by 2025.

10-30-2023 19:03:55

CNOOC brings two more oilfield projects on stream

Guangzhou (JLC), September 26, 2023--State-owned China National Offshore Oil Corporation (CNOOC) announced the commencement of production at Lufeng 12-3 Oilfield Development Project and Bozhong 28-2 S

09-26-2023 15:07:41

CNOOC celebrates 20th anniversary of Liuhua oilfield cluster

Beijing (JLC), August 16, 2023--CNOOC celebrated the 20th anniversary of the Liuhua oilfield on July 31, a source from the company said.

08-16-2023 18:02:17

PetroChina delivers WTI Midland in Brent’s market for first time

Guangzhou (JLC), July 21, 2023 – An oil tanker carrying 100,000 mt of WTI Midland crude left the Seabrook Port in the U.S. after finishing loading, embarking on a journey to Europe on July 12.

07-21-2023 18:50:13

Sinopec Anqing brings online its new RFCC unit

Guangzhou (JLC), July 5, 2023 – Sinopec Anqing Petrochemical has brought online its new residue fluid catalytic cracking (RFCC) unit and achieved on-spec products on June 30.

07-05-2023 16:15:24

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