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Sinopec replaces Luoyang Petrochemical with new subsidiary

Guangzhou (JLC), January 3, 2025 – Sinopec’s new subsidiary – Henan Refining & Chemical Co., Ltd. – officially began operation on January 1, 2025, replacing its predecessor Sinopec Luoyang.

01-03-2025 18:33:47

Shanghai’s bonded bunkering volume tops 4 mln mt in 2024

Guangzhou (JLC), January 2, 2025 –Shanghai’s bonded bunker fuel supply to ocean-going vessels exceeded 4 million mt in 2024, hitting a new high.

01-02-2025 18:48:36

China's manufacturing PMI stays in expansion in December

Guangzhou (JLC), December 31, 2024 – China's manufacturing purchasing managers' index (PMI) dropped slightly in December but was still in expansionary territory.

12-31-2024 14:52:58

Sinobunker completes China’s first ammonia bunkering

Guangzhou (JLC), December 25, 2024--A subsidiary of China Shipping & Sinopec Suppliers Co., Ltd. (Sinobunker) has refueled a tugboat with ammonia in China, marking a significant breakthrough.

12-25-2024 18:37:54

China's apparent fuel oil consumption slips on year in November

Guangzhou (JLC), December 24, 2024--China's apparent consumption of fuel oil dived in November on a year-on-year basis, largely due to lower output.

12-24-2024 18:53:50

China's apparent naphtha consumption shrinks in November

Guangzhou (JLC), December 24, 2024--China's apparent consumption of naphtha dropped in November on a year-on-year basis, as production and imports both fell in the month.

12-24-2024 18:51:33

China’s oil demand to peak around 2027: Sinopec

Guangzhou (JLC), December 23, 2024 – China's oil consumption is expected to peak around 2027, according to Sinopec’s China Energy Outlook 2060 (2025 version).

12-23-2024 18:37:05

Sinopec Qilu Petrochemical begins upgrading its refinery

Guangzhou (JLC), December 20, 2024 – Sinopec Qilu Petrochemical started to construct its upgrade project on December 19, Sinopec announced at a ceremony held in Zibo on Thursday.

12-20-2024 14:52:04

Shandong independents' run rates drop amid unit shutdown

Guangzhou (JLC), December 18, 2024--Shandong independent refiners' operating rates fell considerably in the week to December 18 due to unit shutdown.

12-18-2024 18:13:18

Guangdong FTZ launches bonded HSFO-LSFO blending

Guangzhou (JLC), December 18, 2024 – The China (Guangdong) Pilot Free Trade Zone, or Guangdong FTZ, has recently completed its first blending of bonded HSFO and LSFO.

12-18-2024 17:47:57

Sinopec Anqing begins supplying battery-grade petcoke

Guangzhou (JLC), December 17, 2024 – Sinopec Anqing Petrochemical on December 13 supplied the first batch of high-end petroleum coke (petcoke) designed for power battery production to its customers.

12-17-2024 17:20:48

China’s economy grows steadily in November

Guangzhou (JLC), December 16, 2024 – China's key economic indicators continued to improve in November, suggesting that the economy was still on track for a steady growth this year.

12-16-2024 18:23:41

China holds another tone-setting meeting on 2025 economy

Guangzhou (JLC), December 13, 2024 – China’s top leaders have again set the tone for next year’s economic work at the annual Central Economic Work Conference.

12-13-2024 18:44:52

PetroChina Liaoyang raises low-pour-point diesel output

Guangzhou (JLC), December 12, 2024 – PetroChina Liaoyang Petrochemical has increased its low-pour-point diesel production to meet surging demand for the fuel during winter,

12-12-2024 18:49:04

Road fuel consumption diverges in Jan-Nov

Guangzhou (JLC), December 11, 2024 –?China’s gasoline consumption grew year on year while diesel consumption fell in January-November 2024, pointing to a mixed picture in China’s road fuel demand.

12-11-2024 18:51:24

Shandong independents' run rates up on better margins

Guangzhou (JLC),?December?11, 2024--Shandong independent refiners' operating rates?rose slightly?in the week to?December?11 as refining margins improved further.

12-11-2024 18:49:12

ExxonMobil hits key milestone for Huizhou Ethylene Project

Guangzhou (JLC), December 10, 2024 – ExxonMobil has recently taken delivery of a crucial production unit for its Huizhou Ethylene Project in Guangdong province. The 1.6-million-mt/yr ethylene unit wa

12-10-2024 19:03:37

China's foreign trade grows 4.9% in first 11 months

Guangzhou (JLC), December 10, 2024 – China’s total value of imports and exports of goods grew 4.9% year on year to 39.79 trillion yuan in January-November.

12-10-2024 16:55:34

China holds key meeting on 2025 economic work

Guangzhou (JLC), December 9, 2024 – The Political Bureau of the Communist Party of China (CPC) Central Committee on Monday held a meeting to analyze and study the economic work for 2025.

12-09-2024 19:03:44

China's CPI up 0.2% yoy in November, PPI improves

Guangzhou (JLC), December 9, 2024 – China's consumer price index (CPI), a main gauge of inflation, rose 0.2% year on year in November, narrowing from a 0.3% growth in October.

12-09-2024 17:35:23

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