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PetroChina Daqing starts bunker oil production in June

Beijing (JLC), August 12, 2021--China’s biggest oil and gas producer PetroChina started commercial production of bunker fuel oil at its Daqing Petrochemical, the company said.

08-12-2021 15:14:19

PetroChina Jinzhou starts bunker oil production

Beijing (JLC), March 26, 2020--PetroChina Jinzhou Petrochemical, located in northeast China’s Liaoning province, recently started bunker fuel oil production, half a year ahead of scheduled date, PetroChina said on its website on March 19.

03-26-2020 17:20:02

Bunker oil blending profits move sideways in Bohai Bay

Beijing (JLC), October 21, 2019--The blending profits for bunker oil moved sideways in the week during October 14-18, when international crude futures prices were range bound and oil blending feedstock prices inched up.

10-21-2019 16:23:18

BDI rebounds, but China bunker oil market lackluster in H1

Beijing (JLC), July 19, 2019--Baltic Dry Index (BDI) rebounded in the first half of 2019, as the demand for shipping increased and shipping capacity declined. However, China bunker oil prices were down from the average in the fourth quarter of 2018.

07-19-2019 17:20:53

Sinopec to produce clean heavy low-sulfur bunker oil at scale

Beijing (JLC), June 12, 2019--Sinopec aims to achieve 10 million mt/yr capacity for clean heavy low-sulfur bunker oil in 2020, and exceed 15 million mt/yr in 2023, according to sources from the company.

06-12-2019 17:42:42

Jinling Petrochemical exports LS bunker oil for first time

Beijing (JLC), May 8, 2019--Sinopec Jinling Petrochemical shipped 8,000 mt of low sulfur (LS) bunker oil to the bonded oil depot at Ningbo port of East China’s Zhejiang province on May 5-6, industry sources said.

05-08-2019 17:14:23

Jinling Petrochemical overcomes difficulties in producing LS bunker oil

Beijing (JLC), April 23, 2019--Jinling Petrochemical had overcame difficulties in producing heavy low-sulfur (LS) bunker oil from fine residual oil, purifying catalytic slurry oil and other feedstock, making steady progress in building green low-carbon society.

04-23-2019 17:15:29

Bunker oil blending profits shrink on weak demand in Bohai Bay

Beijing (JLC), April 23, 2019--The profits from bunker oil blending in Bohai Bay shrank in the week ending April 19, mainly because downstream demand was weak, though oil blending feedstock prices increased.

04-23-2019 09:03:41

Bonded bunker oil business in Zhoushan is booming

Zhejiang Zhoushan Pilot Free Trade Zone (FTZ) saw a total bonded bunker oil supply 3.5929 million mt by Zhoushan Customs, rising 96.51%, due to the demand growth and government policy open up, Zhoushan FTZ website said.

02-27-2019 14:54:28

Will SD independents involve in bunker oil amid IMO 2020?

As IMO 2020 is coming, Shandong independent refineries are planning to participate in the bunker oil market, but it depends on the government policies.

02-21-2019 12:39:53

PetroChina starts bunker oil blending in east China

Beijing (JLC), February 13, 2019--PetroChina International Co., Ltd. finished the blending and processing trade of bonded bunker oil under different customs codes for the first time in east China’s Zhejiang free trade zone on February 2, 2019.

02-12-2019 17:36:59

Bonded bunker oil suppliers rise in Zhoushan

Beijing (JLC), January 11, 2019--On October 26, 2018, Zhoushan government issued licenses to run bunker oil businesses for Zhoushan National Distant Fisheries Base Group Bunker Fuel Supply Co. and Xinli Petrochemical (Zhoushan) Co.

01-11-2019 18:38:39

Bohai Bay bunker oil blending profits up on falling cost

Beijing (JLC), December 24, 2018--The profits of blending bunker oil in Bohai Bay moved up in the week ending December 21, as oil blending feedstock prices declined.

12-24-2018 14:11:14

Bunker oil prices tumble at Bohai Bay

Beijing (JLC), November 20, 2018--The bunker oil market at Bohai Bay plunged recently amid downward international crude futures, lower blending cost and eased invoice tightness.

11-20-2018 10:45:56

Sinopec Wuhan to supply bunker oil since Oct 2018

Sinopec Wuhan Petrochemical produced bunker oil 22,000 mt by the end of October considering the high price of bunker oil after several years’ production halt for bunker oil, Sinopec website shows.

11-12-2018 10:51:13

South China bunker oil prices not to rise obviously in Oct

Beijing (JLC), September 29, 2018--Bunker oil prices in South China in October are not likely to rise obviously due to abundant supply, JLC data shows.

09-29-2018 17:13:11

Bunker oil gets upward impetus from Sino-U.S. trading

Shipping industry would see a lighter future after China and U.S. trading war ended on May 19, as water is the main mode for Sino-U.S. trading.

05-22-2018 16:43:56

Bunker oil market to rise again

05-14-2018 18:00:32

Bunker oil price to rise in May amid short invoice

05-14-2018 17:55:57

Blended bunker oil margins shrink over higher cost

The theoretical blending cost for low-sulfur low-metal 180CST bunker oil rose by CNY76/mt to CNY3,213/mt, and the margins shrank by CNY22/mt WoW to CNY153/mt against the feedstock cost going up.

01-15-2018 16:32:41

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