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CNOOC Daxie Petchem starts importing crude independently

Guangzhou (JLC), June 19, 2025--CNOOC Ningbo Daxie Petrochemical received its first batch of imported crude oil through independent procurement on June 11 since its establishment 23 years ago.

06-19-2025 16:09:58

Shandong independents' run rates rebound on unit restarts

Guangzhou (JLC), June 18, 2025--Shandong independent refiners' operating rates rebounded in the week ending June 18, putting an end to 11 weeks of drops, because of unit restarts.

06-18-2025 18:36:01

Shandong independents' run rates drop for 11 weeks in a row

Guangzhou (JLC), June 11, 2025--Shandong independent refiners' operating rates extended falls in the week ending June 11, the 11th week in a row, amid peak maintenance.

06-11-2025 18:30:39

Chinese independent refiners’ operating rate drops modestly in May

?Guangzhou (JLC), June 11, 2025--Chinese independent refiners' operating rate fell modestly in May 2025 when unit maintenance grew amid seasonally weak demand.

06-11-2025 16:00:13

Independents find higher refining margins for imported crude

Guangzho?u (JLC), June 5, 2025--Shandong-based independent refiners found higher refining margins for imported crude in early June, because of rising sales revenue and slightly lower crude costs.

06-05-2025 14:35:13

Shandong independents' run rates drop for 10 weeks in a row

Guangzhou (JLC), June 4, 2025--Shandong independent refiners' operating rates extended falls in early June, the 10th week in a row, amid peak maintenance.

06-04-2025 17:26:17

Shandong independents' run rates drop for nine weeks in a row

Guangz?hou (JLC), May 28, 2025--Shandong independent refiners' operating rates extended falls in late May, the ninth week in a row, as more units came under maintenance.

05-28-2025 19:12:16

Shandong independents' run rates drop for eight weeks in a row

Guangzhou (JLC), May 21, 2025--Shandong independent refiners' operating rates dropped again in the week ending May 21, the eighth week in a row, due to more unit maintenance.

05-21-2025 18:00:27

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

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

Shandong independents' run rates drop for seven weeks in a row

?Guangzhou (JLC), May 14, 2025--Shandong independent refiners' operating rates extended drops in the middle of May, the seventh week in a row, due to more unit maintenance.

05-14-2025 18:27:33

Feedstock unloading for Shandong independents retreats in April

Guangzhou (JLC), May 9, 2025--Shandong-based independent refiners saw a slowdown in their unloading of imported feedstock in April, after a surge in March.

05-09-2025 15:26:14

Shandong independents' run rates extend drops on maintenance

Guangzhou (JLC), May 7, 2025--Shandong independent refiners' operating rates extended drops in early May, the sixth week in a row, due to more unit maintenance.

05-07-2025 18:25:01

Independents’ refining margins for imported crude slide

Guangzhou (JLC), April 30, 2025--Shandong-based independents’ refining margins for imported crude slid in the week to April 30, because of a fall in their sales revenue.

04-30-2025 19:07:43

Shandong independents' run rates slip for fifth week in a row

Guangzhou (JLC), April 30, 2025--Shandong independent refiners' operating rates fell for the fifth consecutive week in the week ending April 30, JLC’s data shows.

04-30-2025 18:22:24

Shandong independents' run rates drop for four weeks in a row

Guangzhou (JLC), April 23, 2025--Shandong independent refiners' operating rates fell for four consecutive weeks in the week ending April 23, as refinery maintenance increased.

04-23-2025 18:58:40

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

Independents’ crude refining margins surge as costs tumble

Guangzhou (JLC), April 9, 2025--Shandong-based independents’ crude refining margins surged in the week to April 9, due to a slump in crude costs, despite a decline in their sales revenue.

04-09-2025 18:57:19

Shandong independents’ run rates slip further on maintenance

Guangzhou (JLC), April 9, 2025--Shandong independent refiners’ operating rates extended losses in the week ending April 9 following the shutdown of a refinery for maintenance.

04-09-2025 18:54:10

Independents’ crude refining margins continue to drop

Guangzhou (JLC), March 27, 2025--Shandong-based ind?ependents’ crude refining margins continued to drop in late March, due to higher costs and lower sales revenue.

03-27-2025 14:18:48

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