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China INE crude price rises after Iran suspends cooperation with IAEA

Guangzhou (JLC), July 3, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Thursday following Iran’s decision to suspend its cooperation wit

07-03-2025 19:30:15

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

SOEs to hike June refinery operating rate on less maintenance

Guangzhou (JLC), June 5, 2025--State-owned enterprises (SOEs) are likely to hike their refinery operating rates in June 2025, after maintenance peaked in April-May.

06-05-2025 18:44:39

State-owned refineries’ operating rate to drop on maintenance in April

Guangzhou (JLC), April 1, 2025--State-owned refineries' operating rate is expected to drop further in April, because of more refinery maintenance.

04-01-2025 18:50:36

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

CNOOC starts operation at Jinzhou 23-2 oilfield project

Guangzhou (JLC), December 5, 2024--State-owned China National Offshore Oil Corporation (CNOOC) announced the commencement of production at the Jinzhou 23-2 oilfield development project on December 3.

12-05-2024 18:57:55

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

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

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

Shandong independents raise operating rates modestly

Guangzhou (JLC), January 10, 2024--Shandong independent refiners ran at 62.68% of their crude distillation unit (CDU) capacity in the week ending January 10, 2024, up 0.98 percentage points on week.

01-10-2024 19:23:31

CNOOC completes all drilling operations in Kenli 6-1 oilfield

Guangzhou (JLC), September 25, 2023--China National Offshore Oil Corporation (CNOOC) completed all drilling operations in the Kenli 6-1 oilfield on September 24, according to China News Service.

09-25-2023 16:24:47

PetroChina Guangdong Petrochemical enters full commercial operations

?Guangzhou (JLC), May 31, 2023--PetroChina held a news conference in Beijing on May 30, announcing that Guangdong Petrochemical achieved full commercial operations at its Jieyang refinery.

05-31-2023 14:35:41

CNOOC starts operating 5-mln-cbm crude storage at Dongying port

Guangzhou (JLC), February 16, 2023--China National Offshore Oil Corporation (CNOOC) started to pump oil into its 5.0-mln-cbm commercial crude oil tank farm at Shandong's Dongying port on February 16.

02-16-2023 22:23:29

Sinopec starts operating Dongjiakou-Dongying crude pipeline

Guangzhou (JLC), August 23, 2022—Sinopec started injecting crude into its 373-km Dongjiakou-Dongying pipeline on August 15, 2022, Qilu Petrochemical said on its Wechat platform.

08-23-2022 16:41:55

Shandong Port Group starts operating Yantai-Dongying crude pipeline

Guangzhou (JLC), July 11, 2022--Shandong Port Group started injecting crude into the main line of its Yantai-Dongying crude Pipeline on July 4, the Group said on its official website.

07-11-2022 16:44:42

Shenghong’s second 3.1 mln mt/yr reformer ready for operation

Construction on the second 3.1 million mt/yr continuous catalytic reformer at Shenghong Refining and Chemical (Lianyungang) had been completed by May 30.

05-31-2022 19:00:57

State-run refineries' operating rates extend drops on maintenance

Guangzhou (JLC), April 1, 2022--Chinese state-run refineries’ operating rates declined further this week, because of Sinopec’s refinery maintenance.

04-01-2022 16:47:00

Shandong independents cut operating rates on tumbling margins

Guangzhou (JLC), March 8, 2022--Shandong-based independent refiners have lately cut their operating rates as their refining margins tumbled amid surging costs.

03-08-2022 16:19:00

State-run refineries' operating rates stay flat in early March

Guangzhou (JLC), March 4, 2022--Chinese state-run refineries’ operating rates stayed flat in the week to March 2 when no crude distillation units (CDUs) were shut or restarted.

03-04-2022 10:43:40

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