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State-owned refinery run rates hit 33-month low in late May

Guangzhou (JLC), May?29, 2025--Chinese state-owned oil refineries' run rates?fell to a 33-month low in the week ending May 28,?still affected by maintenance.

05-29-2025 19:17:33

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

PetroChina Guangdong Petrochemical's run rate hits 95.72%

Guangzhou (JLC), February 17, 2025--As of February 13, PetroChina Guangdong Petrochemical has been operating its refinery at 95.72% of capacity in 2025, calculations show.

02-17-2025 18:02:52

Shandong independents' run rates hit five-month low

Guangzhou (JLC), January 22, 2025--Shandong independent refiners' operating rates declined again and hit a five-month low in the week ending January 22, 2025, as refining margins worsened.

01-22-2025 17:54:32

Sinopec Hunan's operating rate hits 87.86% in 2024

Guangzhou (JLC), January 16, 2025--Sinopec Hunan Petrochemical operated its refinery at 87.86% of capacity in 2024, calculation shows.

01-16-2025 17:42:22

State-owned refineries' December run rates hit 28-month low

Guangzhou (JLC), January 6, 2025--Chinese state-owned oil companies' refinery operating rates reached a 28-month low in December amid seasonally weak fuel demand and short export quotas.

01-06-2025 15:06:51

Changqing Oilfield hits milestone for fifth consecutive year

Guangzhou (JLC), November 29, 2024--The year-to-date oil and gas output at Changqing Oilfield – China’s largest oil-and-gas field – has exceeded 60 million mt of oil equivalent.

11-29-2024 18:40:56

Typhoon Yagi hits Hainan on Friday

Guangzhou (JLC), September 6, 2024--Typhoon Yagi made landfall on the coast of Wenchang, Hainan at 16:20 on Friday, with maximum winds near the center above level 17 (62 m/s), according to the China M

09-06-2024 15:30:16

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

Daqing Refining & Chemical's crude runs hit 2.8 mln mt in H1 2024

Guangzhou (JLC), July 24, 2024--PetroChina Daqing Refining & Chemical processed a total of 2.76 million mt of crude oil in the first half (H1) of 2024, Daqing Daily reported on its website on July 24.

07-24-2024 19:10:08

China’s June crude throughput hits lowest this year

Guangzhou (JLC), July 15, 2024--China’s crude throughput fell to this year’s new low in June as refinery maintenance remained high, domestic supply was abundant and alternative energy developed fast.

07-15-2024 15:38:14

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

Shandong independents’ run rates in June to hit 26-month low

Guangzhou (JLC), June 26, 2024--Shandong independent refiners’ operating rates in June are expected to hit a 26-month low, due to poor refining margins and weak diesel demand.

06-26-2024 14:31:37

Output of Suizhong 36-1 oilfield hits 100 million mt

Beijing (JLC), June 25, 2024--Crude output of Suizhong 36-1 oilfield, the largest self-run offshore oilfield in China, has exceeded 100 million mt, its operator CNOOC said on June 23.

06-25-2024 11:40:12

Shandong independents' run rates hit over-two-year low

Guangzhou (JLC), June 5, 2024--Shandong independent refiners’ operating rates extended drops and hit a new low in over two years in early June, because of more maintenance and weak fundamentals.

06-05-2024 18:29:57

Sinopec Tianjin Petrochemical’s operating rate hits 88.9% in Q1

Guangzhou (JLC), April 23, 2024--Sinopec Tianjin Petrochemical in north China refined about 2.77 million mt of crude oil in the first quarter (Q1) of 2024, the refinery said on its Wechat platform, wi

04-23-2024 15:54:10

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

PetroChina’s net profit up 8.3% in 2023, hitting record high

Guangzhou (JLC), March 26, 2024--PetroChina’s net profit increased 8.3% year on year to a record high in 2023, because of rising sales of oil products and natural gas.

03-26-2024 15:35:06

Sinopec Guangzhou’s operating rate hits 85% in January

Guangzhou (JLC), February 27, 2024--Sinopec Guangzhou Petrochemical in south China processed about 951,000 mt of crude oil in the first month of 2024, bringing the operating rate to 84.8%, China Energ

02-27-2024 16:21:58

PetroChina Huabei’s January operating rate hits 72%

Guangzhou (JLC), February 20, 2024--PetroChina Huabei Petrochemical in Hebei’ Cangzhou ran its refinery at 71.8% of capacity in January, calculated on the basis of the crude throughput released by Pet

02-20-2024 19:12:55

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