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Construction of Banshen 37 UGS facility started

Beijing (JLC), March 31, 2025--PetroChina Dagang Oilfield Company started drilling of Kuping 7-4 well at the Banshen 37 underground gas storage (UGS) on March 27, a market source said.

03-31-2025 15:51:46

China INE crude price slips again after Russia eases fuel export ban

Guangzhou (JLC), September 26, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Tuesday after Russia eased its temporary ban on fuel exports.

09-26-2023 18:36:51

Bangladesh becomes China’s biggest diesel export market in H1 2023

Guangzhou (JLC), July 20, 2023--Bangladesh rose to the top of China’s diesel export markets in the first half (H1) of 2023, up from the fifth place in the same period of time in 2022.

07-20-2023 17:13:52

China INE crude price rallies on easing banking fears

Guangzhou (JLC), March 28, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded sharply on Tuesday, because of easing concerns over a banking crisis and a

03-28-2023 18:47:06

Sri Lanka’s bankruptcy impacts many tire enterprises

The bankruptcy of Sri Lanka exerted influences on many tire companies, including domestic Aeolus Tyre and Shandong Haohua Tire.

07-14-2022 16:04:07

China INE crude price rises as EU agrees to ban partial Russian oil

Guangzhou (JLC), May 31, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) extended gains Tuesday, after the European Union (EU) leaders agreed to partially ban

05-31-2022 19:19:45

China INE crude price edges up as EU seeks deal on Russian oil ban

Guangzhou (JLC), May 30, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) inched higher Monday, as the European Union countries continue talks on an embargo on

05-30-2022 19:08:50

China INE crude price slips after EU shelves plan of Russian oil ban

Guangzhou (JLC), May 10, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) retreated Tuesday, as the European Union (EU) members have not yet reached agreement o

05-10-2022 19:20:16

China INE crude price soars after EU proposes ban on Russian oil

Guangzhou (JLC), May 5, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) surged Thursday, following news that the European Union (EU) officially proposed a comp

05-05-2022 19:21:30

China INE crude price rallies after Germany changes position on Russian oil ban

Guangzhou (JLC), April 29, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) rebounded Friday, following reports that Germany has dropped its opposition to a ban

04-29-2022 19:45:10

Jiangsu Sierbang Petrochemical brings new PDH unit on stream

Shandong (JLC), April 27, 2022--On April 25, Jiangsu Sierbang Petrochemical (previously named Sailboat) successfully commissioned its 700,000 mt/yr propane dehydrogenation (PDH) unit and produced high

04-27-2022 17:23:50

China INE crude price rises further on potential EU ban on Russian oil

Guangzhou (JLC), April 15, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) climbed for the third time in a row Friday on reports that the European Union (EU) m

04-15-2022 18:24:39

China INE crude price spikes again after US bans Russian oil imports

Guangzhou (JLC), March 9, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) continued surging on Wednesday, after Biden announced imposition of energy embargo on

03-09-2022 19:04:39

China INE crude price soars 7% on rising fears of oil ban on Russia

Guangzhou (JLC), Mar 8, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) surged more than 7% on Tuesday, amid increasing possibility that the US is going to imp

03-08-2022 18:56:51

China INE crude price rises on possibility of US ban on Russian oil

Guangzhou (JLC), Mar 7, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) continued to rise on Monday, amid news that the US is considering a ban on Russian oil.

03-07-2022 19:04:19

Indonesian coal ban little impacts China's fuel demand from power sector

Guangzhou (JLC), January 5, 2022-- Indonesia's coal export halt has made little impact on China's fuel demand from power generation as China has prepared sufficient coal for this heating season and Indonesian coal accounts for a small share among China's consumption.

01-05-2022 16:51:46

Central bank's RRR cut to slightly boost MEG market

Shandong (JLC), December 8, 2021--The central bank announced on December 6 that it will cut the reserve requirement ratio (RRR) for financial institutions by 0.5 percentage points on December 15, in an effort to support the real economy and promote a steady decline in comprehensive financing costs.

12-08-2021 14:17:44

New SCR plant to be built in Xishuangbanna

In order to meet market demand, Xishuangbanna Manlie Rubber planned to invest CNY360 million to implement the project of modern rubber production, processing, warehousing and logistics base.

11-10-2021 09:26:55

China Urban-Rural to buy majority stake in Yantai LNG

Beijing (JLC), August 30, 2021--Chinese energy supplier China Urban-Rural Energy would buy a majority stake in Yantai LNG terminal project, the terminal operator said on its official WeChat platform last Thursday.

08-30-2021 16:22:02

Guangdong announces goal of urban gas consumption by 2025

Beijing (JLC), May 26, 2021--The government of China’s southern Guangdong province announces Wednesday a goal of 20 bln-cubic-meters (cbm) consumption of natural gas per year in urban areas by the end of 2025.

05-26-2021 17:07:08

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