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ZPC pushes ahead with crude oil terminals and storage base project

Guangzhou (JLC), May 26, 2025--Zhejiang Petroleum and Chemical (ZPC) Jintan Logistics Co. is pushing ahead with its crude oil terminals and storage base in Zhoushan, according to official reports.

05-26-2025 18:06:56

Shenzhen Port Zhoushan Energy Base launches bonded fuel oil storage

Guangzhou (JLC), April 27, 2025--About 8,400 mt of bonded fuel oil, carried by tanker “CHAO YANG 901”, was recently put into the tank farm of Shenzhen Port Group’s Zhoushan Energy Base, marking the st

04-27-2025 18:42:56

Margins of coal-based methanol producers rally in Q1

Shandong (JLC), April 15, 2025—China’s coal-based methanol producers enjoyed better margins in the first half of 2025 due to lower coal prices and higher methanol prices.

04-15-2025 17:39:11

Coal-based methanol plants suffer losses in Sep

The coal-based methanol plants ran at a loss from the first half of September, due to the lower methanol price and higher coal cost.

09-19-2024 18:15:09

Coke-oven gas-based methanol units run rates go range-bound in early Sep

Shandong (JLC), September 18, 2024—The operating rate of China’s coke-oven gas-based methanol units went range-bound in early September.

09-18-2024 15:20:36

Largest natural gas storage base in South China completed

Beijing (JLC), September 2, 2024--CNOOC completed the phase II project of its Zhuhai Jinwan LNG terminal on August 30, making it the largest natural gas storage base in South China, the company announ

09-02-2024 17:46:57

Largest gas storage base in Yulin makes progress

Beijing (JLC), July 15, 2024--Beijing Petrochemical Engineering Co., Ltd. completed roofs of two LNG tanks at the largest gas storage base in Yulin on July 14, the company said on its WeChat official

07-15-2024 17:49:01

Contract signed for Baihushan LNG storage base

Beijing (JLC), June 5, 2024--Wuhan Energy Reserve and Distribution Investment Co., Ltd. signed a contract with Hubei Minsheng Liquefied Petroleum Gas Limited for the construction of Baihushan LNG stor

06-05-2024 17:05:48

Coal-based methanol producers see meager margins in late May

Shandong (JLC), May 24, 2024—Coal-based methanol producers faced narrowing margins in late May amid lower methanol offers and higher feedstock prices.

05-24-2024 17:40:30

Trafigura and SPG inaugurate Shandong-based JV

Guangzhou (JLC), November 16, 2023 – Global trading giant Trafigura and Shandong Port Group (SPG) inaugurated their joint venture (JV) in Qingdao, Shandong province on November 15.

11-16-2023 17:17:01

Tarim Basin becomes China’s largest ultra-deep oilfield production base

Guangzhou (JLC), September 4, 2023 – Tarim Basin in Xinjiang Uygur Autonomous Region has become China’s largest ultra-deep oilfield base.

09-04-2023 18:49:33

PDH-based PP margins down undermined by rising propane

?Shandong (JLC), August 22, 2023--Production margins of PDH-fed PP producers moved downward in past days of August, broadly caused by rising prices of feedstock propane.

08-22-2023 15:08:30

PDH-based PP gets cost-side advantages on lower propane price

PDH-based PP products have advantages in production cost affected by the decline in propane price. Propane prices plunged after slight rises in the first half of 2023.

07-12-2023 18:02:43

China launches new CNY-based bonded bunker assessments

Guangzhou (JLC), June 25, 2023 – China has launched on June 20 its new CNY-based bonded bunker assessments, which are now published on the website of Shanghai Petroleum and Natural Gas Exchange.

06-25-2023 17:54:11

SW China's biggest rubberized asphalt manufacturing base starts operation

Guangzhou (JLC), June 21, 2023--Guangxi Transportation Science and Technology Group put its rubberized asphalt manufacturing base into operation on June 16, 2023.

06-21-2023 19:17:54

Sinochem starts up South China’s largest third-party oil product transit base

Guangzhou (JLC), June 15, 2023--Sinochem Zhuhai Petrochemical Storage and Transportation (Sinochem Zhuhai) put its phase III project into operation on May 30, making the whole project the largest thir

06-15-2023 15:59:32

Coal-based methanol units face low profits, despite falling coal prices

Shandong (JLC), May 11, 2023—China’s coal-methanol enterprises mostly suffered from margins losses in January-April, though coal prices continued to fall in the stint.

05-11-2023 17:09:56

Shandong-based independents’ refining margins still plunge in early Apr

Guangzhou (JLC), April 7, 2023--Shandong-based independents’ refining margins for imported crude continued to plunge in early April when import costs surged sharply.

04-07-2023 10:48:43

Shandong-based independents’ refining margins plunge in late Mar

Guangz?hou (JLC), March 29, 2023--Shandong-based independents’ refining margins for imported crude fell back from the previous high in late March, as import costs increased and downstream product pric

03-29-2023 19:04:44

Shandong-based independents’ refining margins drop on higher costs

Guangzhou (JLC), March 9, 2023--Shandong-based independents’ refining margins for both imported and domestic crude rolled back this week, mainly due to cost inflation.

03-09-2023 11:57:40

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