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Shandong independents' run rates retreat amid maintenance

Guangzhou (JLC), July 9, 2025--Shandong independent refiners' operating rates retreated in the week to July 9, as the maintenance of a refiner in Dongying counteracted the restart of another one.

07-09-2025 18:59:53

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 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

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

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

Liaodong Bay’s oil and gas output sets record high in Q1

Guangzhou (JLC), April 29, 2025--Oilfields in Liaodong Bay of the Bohai Sea produced over 3.20 million mt of oil and gas in the first quarter of this year, hitting a historical high, CN?OOC reported o

04-29-2025 15:34:27

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

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

Sinopec discovers over 140 mln mt of shale oil reserves

?Guangzhou (JLC), March 26, 2025--Sinopec discovered over 140 million mt of shale oil reserves in the Xinxing Oilfield in the Shengli Jiyang Shale Oil National Demonstration Zone on March 22, with the

03-26-2025 19:04:44

Independents’ refining margins for imported crude plunge

Guang?zhou (JLC), January 2, 2025--Shandong-based independents’ refining margins for imported crude plunged in the week to January 1, 2025, as crude costs increased and sales revenue declined.

01-02-2025 17:36:39

Independents’ crude refining margins recoup some losses

Guangzh?ou (JLC), November 20, 2024--Shandong-based independents’ crude refining margins recouped some losses in mid-to-late November, on the back of sliding crude costs and rising sales revenue.

11-20-2024 16:43:57

Independents’ crude refining margins continue to drop

Guangzhou (JLC), November 13, 2024--Shandong-based independents’ crude refining margins continued to drop in mid-November, dampened by rising costs and decreasing sales revenue.

11-13-2024 18:37:00

Independents’ refining margins for imported crude turn negative

Guangzhou (JLC), September 25, 2024--Shandong-based independents’ refining margins for imported crude plunged significantly and turned negative in late September, due to higher crude costs and lower s

09-25-2024 17:27:22

Independents’ refining margins for imported crude surge

Guangzhou (JLC), September 12, 2024--Shandong-based independents’ refining margins for imported crude rebounded rapidly in the week to September 11, buoyed by plunging crud?e costs, despite a fall in

09-12-2024 16:55:03

Independents unload more imported feedstock in August

Guangzhou (JLC), September 5, 2024--Shandong-based independent refiners unloaded more imported feedstock in August, mainly because of stronger gasoline demand and better crude refining margins.

09-05-2024 17:32:03

Independents’ refining margins for imported crude double

Guangzhou (JLC), July 31, 2024--Shandong-based independents’ refining margins for imported crude doubled in late July as crude costs extended drops, despite lower sales re?venue.

07-31-2024 19:01:33

Independents’ refining margins for imported crude plunge

Guangzhou (JLC), June 19, 2024--Shandong-based independents’ refining margins for imported crude plunged in the week to June 19, squeezed by rallying costs and falling sales revenue.

06-19-2024 18:02:03

Independents’ crude refining margins dive further

Guang?zhou (JLC), May 23, 2024--Shandong-based independents’ refining margins for imported crude dived further in the week to May 22, as their sales revenue decreased and crude costs climbed slightly.

05-23-2024 14:41:00

Shandong independents decelerate feedstock unloading in April

Guangzhou (JLC), May 10, 2024--Shandong-based independents slowed down their feedstock unloading in April, as their consumption decreased amid a peak of unit maintenanc?e.

05-10-2024 19:02:31

Crude stocks at Shandong ports continue to rise in mid-April

Gu?angzhou (JLC), April 18, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to rise in the middle of April, because of more cargo unloading despite faster consumpti

04-18-2024 19:00:17

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