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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

PetroChina Jilin's crude runs set new high in Q1

Guangzhou (JLC), April 28, 2025--PetroChina Jilin Petrochemical's crude runs reached a historical high in the first quarter (Q1) of 2025, PetroChina reported on its news website on April 28.

04-28-2025 15:02:19

China’s crude output hits new high in March 2025

?Guangzhou (JLC), April 22, 2025--China's crude output hit a new high of 19.03 million mt in March 2025, a boost of 3.5% from the same month in 2024, according to data from the NBS.

04-22-2025 11:42:50

China INE crude price rallies on new US sanctions on Iran

Guangzhou (JLC), April 17, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Thursday after the US announced new sanctions against Iran, raising sup

04-17-2025 19:16:29

China INE crude price climbs further on new US tariff exemptions

Guangzhou (JLC), April 15, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday after the Trump administration announced new tariff exe

04-15-2025 19:00:08

CNOOC starts up new oilfield

Guangzhou (JLC), April 15, 2025--State-owned China National Offshore Oil Corporation (CNOOC) announced the commencement of production at the Wenchang 9-7 oilfield development project on April 14.

04-15-2025 15:46:29

China INE crude price retreats on new US tariff policy

Guangzhou (JLC), April 3, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after US President Donald Trump announced reciprocal tariffs on

04-03-2025 19:17:48

PetroChina’s net profit sets new high in 2024

Guangzhou (JLC), March 31, 2025--PetroChina’s net profit attributable to its equity shareholders set a new high in 2024, mainly because of lower costs, despite slightly lower sales revenue.

03-31-2025 18:27:04

Shandong independents' run rates drop modestly around Chinese New Year

Guangzhou (JLC), February 6, 2025--Shandong independent refiners' operating rates dropped modestly around the Chinese New Year between late January and early February 2025, JLC's data shows.

02-06-2025 18:50:03

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 replaces Luoyang Petrochemical with new subsidiary

Guangzhou (JLC), January 3, 2025 – Sinopec’s new subsidiary – Henan Refining & Chemical Co., Ltd. – officially began operation on January 1, 2025, replacing its predecessor Sinopec Luoyang.

01-03-2025 18:33:47

Sinopec Maoming puts new crude pipeline into operation

Guangzhou (JLC), November 7, 2024--Sinopec Maoming Petrochemical started to transport oil through the crude oil pipeline of the Bohe New Port to Maoming Oil Pipeline Project on October 31, marking the

11-07-2024 16:25:44

Yanchang Petroleum to build new CDU for integrated project

Guangzhou (JLC), August 28, 2024 – State-backed Shaanxi Yanchang Petroleum Group planned to build a new crude distillation unit (CDU) of 10 million mt/yr (200,000 barrels per day).

08-28-2024 17:39:52

China’s July crude imports hit new low in nearly two years

Guangzhou (JLC), August 7, 2024--China’s crude imports in July 2024 plunged to about 42.34 million mt, with the daily imports at 9.97 million barrels, a new low since October 2022, GACC data shows..

08-07-2024 17:36:11

PetroChina Jilin's crude runs hit new high in H1 2024

Guangzhou (JLC), July 11, 2024--PetroChina Jilin Petrochemical's crude throughput set a new high in the first half (H1) of 2024, China Chemical Industry News reported on its website on July 8, 2024.

07-11-2024 19:08:44

Daqing Petrochemical's crude runs hit new high in Q1 2024

Guangzhou (JLC), April 19, 2024--PetroChina Daqing Petrochemical's crude throughput reached a historical high in the first quarter (Q1) of 2024, the company said.

04-19-2024 19:50:04

Independents unload more imported cargoes amid new quotas

Guangzhou (JLC), January 12, 2024--Shandong-based independent refiners and traders have unloaded more imported feedstock so far this month, as they increased purchases at the end of 2023 amid expectat

01-12-2024 16:18:18

China’s annual crude imports set new record in 2023

Guangzhou (JLC), January 12, 2024 – China’s annual crude imports rebounded to a record high in 2023, as domestic demand picked up after the country lifted COVID-related restrictions.

01-12-2024 16:10:08

Sinopec Qilu plans major expansion, including new CDU

Guangzhou (JLC), November 9, 2023 – Sinopec Qilu Petrochemical, located in Shandong’s Zibo, planned to upgrade and expand its existing oil refinery, according to the Environmental Impact Assessment.

11-09-2023 16:19:32

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

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