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Yanchang to complete construction of new crude oil tanks by Sept 2025

Guangzhou (JLC), May 15, 2025--Shaanxi Yanchang Petroleum plans to have the construction of its 1.0-million-cubic-meter (cbm) crude oil tank farm completed by September 2025.

05-15-2025 18:03:32

State-owned refinery run rates fall for seven weeks straight

Guangzhou (JLC), April 30, 2025--As of the week ending April 30, Chinese state-owned oil refineries' run rates dropped for seven weeks in a row, because of unit maintenance.

04-30-2025 18:56:49

State-owned refinery run rates slip for fifth straight week

Guangzhou (JLC), April 18, 2025--Chinese state-owned oil refineries' run rates continued to fall this week, the fifth decline in a row, as more refineries started maintenance.

04-18-2025 14:45:51

Shandong independents' run rates drop for 3 weeks straight

Guangzhou (JLC), April 16, 2025--Shandong independent refiners' operating rates fell for three weeks straight in the week ending April 16.

04-16-2025 18:56:47

China INE crude price records fifth straight drop

Guangzhou (JLC), April 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Thursday, the fifth decrease in a row, due to an escalating tra

04-10-2025 19:31:42

China INE crude price picks up after four straight drops

Guangzhou (JLC), March 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical rally on the last working day of this week after four consecutive

03-07-2025 19:04:44

China INE crude price rallies after five straight declines

Guangzhou (JLC), February 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical rebound on Friday after consecutive declines over the past fiv

02-28-2025 19:00:01

China INE crude price records fifth straight decline

Guangzhou (JLC), February 27, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell for the fifth working day on February 27 as concerns over Kazakhstan’s oil s

02-27-2025 18:57:00

Crude stocks at Shandong ports fall for third straight week

Guangzhou (JLC), January 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped further in the week to January 23, the third time in a row, as cargo unloading remained r

01-24-2025 18:26:19

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 slips further on stronger yuan

Guangzhou (JLC), December 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday on the back of stronger Chinese currency and a rise i

12-23-2024 18:39:05

Shandong independents' November run rates rise for 5 straight months

Guangzhou (JLC), December 6, 2024--Shandong-based independent refiners' operating rates rose for a fifth consecutive month in November because of a unit restart.

12-06-2024 15:33:38

China INE crude price dips on stronger yuan

Guangzhou (JLC), December 5, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged down on Thursday after Chinese yuan strengthened.

12-05-2024 17:21:31

China INE crude price rallies on stronger Chinese economic data

Guangzhou (JLC), October 31, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) recouped some losses on Thursday following improving economic data from China and

10-31-2024 18:33:46

China INE crude price slips on stronger yuan

Guangzhou (JLC), October 21, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Monday on the back of stronger Chinese currency.

10-21-2024 18:59:53

China INE crude price dips on stronger yuan

Guangzhou (JLC), September 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday after Chinese yuan strengthened.

09-23-2024 18:33:48

China INE crude price slips further on stronger yuan

Guangzhou (JLC), September 5, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Thursday, due to an appreciation in Chinese currency and hop

09-05-2024 18:48:01

CNOOC posts strong results in H1, setting multiple records

Guangzhou (JLC), August 29, 2024 – CNOOC (SH:600938, HK: 00883) posted a 18.1% gain in revenue in the first half (H1) of 2024, with the profit attributable to its shareholders gaining 25.0%.

08-30-2024 10:47:28

China INE crude slips on stronger yuan, despite rosy US economic data

Guangzhou (JLC), July 26, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated Friday on stronger Chinese yuan, despite higher-than-expected growth in the

07-26-2024 17:01:51

China INE crude price slightly lower on stronger yuan

Guangzhou (JLC), July 12, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged down on Friday after Chinese yuan strengthened.

07-12-2024 18:07:05

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