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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

China cuts crude imports from major suppliers in September

Guangzhou (JLC), October 21, 2024--China reduced its crude imports from majors suppliers including Russia, Malaysia, Iraq, Angola and Brazil in September, according to data from the GACC.

10-21-2024 11:55:47

China's September crude imports retreat from year high

Guangzhou (JLC), October 14, 2024--China’s crude oil imports retreated in September, after hitting this year’s new high in August, according to data released by the GACC.

10-14-2024 18:17:03

Feedstock unloading continues to grow in September

Gua?ngzhou (JLC), October 11, 2024--Shandong-based independent refiners continued to raise their feedstock unloading in September, as diesel demand grew in a strong season.

10-11-2024 17:58:33

Shandong independents' run rates rise further in September

Guangzhou (JLC), October 10, 2024--Shandong-based independent refiners' operating rates moved higher in September as refineries previously resumed operation raised their run rates.

10-10-2024 11:12:31

State-owned refineries' run rates inch higher in September

Guangzhou (JLC), October 10, 2024--Chinese state-owned oil companies further raised their refinery operating rates in September after some units came back online.

10-10-2024 11:10:04

Crude stocks at Shandong ports extend falls in early Sept

Guangzhou (JLC), September 5, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended falls in early September, due to a plunge in cargo unloading and a rise in local indepe

09-05-2024 17:59:51

State-owned refinery run rates rebound in early September

Beijing (JLC), September 5, 2024--Chinese state-owned oil refineries' run rates increased in the week to September 4, 2024 (Wednesday) due to unit restart and higher fuel demand, JLC’s data shows.

09-05-2024 17:33:30

Daqing Oilfield sees growth in oil and gas production in Jan-Sept

Guangzhou (JLC), October 24, 2023 – Daqing Oilfield saw growth in both oil and gas production in the first three quarters of 2023, beating expectations, the National Energy Administration (NEA) said.

10-24-2023 18:54:07

China slashes crude imports from major suppliers in September

Guangzhou (JLC), October 20, 2023--China slashed its crude imports from major suppliers in September, after large imports earlier this year, also due to high prices.

10-20-2023 15:34:53

China’s September crude runs set another record high

?Guangzhou (JLC), October 18, 2023--China’s daily crude runs set another record high in September 2023 when refinery maintenance dropped and fuel demand was still seasonally strong.

10-18-2023 13:52:50

China’s crude imports retreat on month in September

Guangzhou (JLC), October 16, 2023--China’s crude imports retreated month on month in September, after a surge in August, according to data released by the General Administration of Customs of the PRC

10-16-2023 15:06:25

Shandong independents see less feedstock arrivals in September

Guangzhou (JLC), October 10, 2023 – Shandong-based independent refiners and traders saw less feedstock arrivals in September, largely due to quota tightness, rising crude premiums.

10-10-2023 19:19:35

Shandong independents' run rates rise further in September

Guangzhou (JLC), October 9, 2023--Shandong-based independent refiners' operating rates?continued to move up in September after three refineries resumed operation.

10-09-2023 18:45:45

PetroChina and Sinopec still record divergent crude runs in September

Guangzhou (JLC), October 9, 2023--PetroChina slightly cut its crude runs in September 2023 with one refinery under maintenance, while Sinopec lifted its crude throughput in view of rising demand.

10-09-2023 12:02:47

State-owned refinery run rates set new high in September

Guangzhou (JLC), October 7, 2023--Chinese state-owned oil companies raised their refinery operating rates to a new high in September 2023, mainly because of expectations of growing diesel demand.

10-07-2023 18:12:18

Independents’ crude refining margins fall further in late Sept

Gu?angzhou (JLC), September 27, 2023--Shandong-based independents found lower crude refining margins in late September when crude costs climbed and oil product prices slipped.

09-27-2023 17:52:51

Independents boost crude imports in early September

Guangzhou (JLC), September 8, 2023--Shandong-based independent refiners and traders continued to boost their feedstock imports in early September, because of multiple f?actors.

09-08-2023 11:22:08

Shandong independents' run rates continue rising in early September

Guangzhou (JLC), September 6, 2023--Shandong independent refiners' operating rates extended gains in the week to September 6 (Wednesday) due to refinery restarts.

09-06-2023 19:34:03

China INE crude price picks up after Russia pledges supply cuts in Sept

Guangzhou (JLC), August 4, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded slightly on Friday after Russia pledged to cut its exports next month.

08-04-2023 18:05:47

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