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PetroChina Guangdong Petrochemical receives over 100 oil tankers

Guangzhou (JLC), April 11, 2024 – PetroChina Guangdong Petrochemical had received 102 oil tankers since it first received a crude carrier on August 19, 2022, marking nearly 600 days of saf

4-11-2024 18:44:09

State-owned refinery run rates inch up

Beijing (JLC), April 11, 2024--Chinese state-owned oil refineries' run rates gained in the week to April 10, 2024 (Wednesday), JLC’s data shows.

4-11-2024 18:18:34

CHIMBUSCO’s blending of HSFO and LSFO gains traction in Shanghai

Guangzhou (JLC), April 9, 2024 – CHIMBUSCO continued to blend HSFO and LSFO in Shanghai under the new rules, which helped reduce cost and boost its bonded bunker fuel sales.

4-9-2024 18:11:09

China unveils 22 pilot projects for biodiesel promotion

Guangzhou (JLC), April 7, 2024 – The National Energy Administration (NEA) has recently given the go-ahead for 22 pilot projects in a bid to promote the use of biodiesel in China.

4-7-2024 19:04:05

State-owned refinery run rates fall on maintenance

Beijing (JLC), April 7, 2024--Chinese state-owned oil refineries' run rates continued to drop in the week to April 3, 2024 (Wednesday), JLC’s data shows.

4-7-2024 11:50:44

China aims to boost energy production in 2024

Guangzhou (JLC), April 3, 2024 – China's National Energy Administration (NEA) has recently released guidelines for 2024 energy work, aiming to boost the country’s energy production.

4-3-2024 18:27:53

China’s asphalt refining margins worsen in March

Beijing (JLC), April 3, 2024—China’s refiners experienced a drop in their refining margins for asphalt in March amidst higher costs against flat product prices.

4-3-2024 16:20:26

Domestic fuel demand tends to grow in April

Guangzhou (JLC), April 2, 2024 – Domestic demand for gasoline and diesel tends to move higher in April while output is likely to drop because of refinery maintenance.

4-2-2024 14:31:32

China to hike fuel ceilings on April 2

Guangzhou (JLC), April 1, 2024--China will hike its retail ceilings of gasoline and diesel on April 2, 2024 (Tuesday), tracking recent rises in international crude prices.

4-1-2024 15:44:35

Sinopec and PetroChina to put brake on crude runs in 2024

Guangzhou (JLC), March 29, 2024 – Both PetroChina and Sinopec set a slower pace in boosting their annual crude throughput in 2024, after a year-on-year rise of 15.30% and 6.30% in 2023

3-29-2024 19:11:13

China’s jet fuel demand to grow 10.1% in 2024: Sinopec

Guangzhou (JLC), March 28, 2024 – China’s jet fuel demand is expected to see a double-digit growth this year, thanks to a strong recovery in the aviation sector and better airport infras

3-28-2024 19:06:58

State-owned refinery run rates drop on more maintenance

Beijing (JLC), March 28, 2024--Chinese state-owned oil refineries' run rates went down in the week to March 27, 2024 (Wednesday) amid refinery maintenance, JLC’s data shows.

3-28-2024 18:42:40

Sinopec and TotalEnergies to jointly produce SAF in China

Guangzhou (JLC), March 27, 2024 – Sinopec and TotalEnergies signed a Heads of Agreement (HoA) on March 23 to jointly operate a new sustainable aviation fuel (SAF) production line at a Sino

3-27-2024 18:10:15

China’s LPG imports fall in February

Beijing (JLC), March 27, 2024--China imported 2.11 million mt of LPG in February, down by 18.97% month on month, data from the General Administration of Customs of the PRC (GACC) showed.

3-27-2024 18:03:07

Another major state-run refinery set to join maintenance in April

Guangzhou (JLC), March 26, 2024 – Another high-profile state-run refinery is set to undergo an overhaul in April, joining three other refineries that planned to start maintenance in the s

3-26-2024 18:24:20

PetroChina’s net profit up 8.3% in 2023, hitting record high

Guangzhou (JLC), March 26, 2024--PetroChina’s net profit increased 8.3% year on year to a record high in 2023, because of rising sales of oil products and natural gas.

3-26-2024 15:35:06

Sinopec releases its annual report for 2023

Guangzhou (JLC), March 25, 2024 – Sinopec’s revenue and profit attributable to shareholders both dropped year on year in 2023, although its oil and gas production and refinery throughput

3-25-2024 19:09:02

CNOOC announces its annual results for 2023

Guangzhou (JLC), March 25, 2024 – CNOOC on March 21 announced its 2023 financial statements prepared in accordance with International Financial Reporting Standards (IFRS).

3-25-2024 18:52:02

China slashes jet fuel imports in first two months of 2024

Guangzhou (JLC), March 22, 2024--China continued to slash its jet fuel imports in the first two months of 2024 when its production jumped.

3-22-2024 14:01:48

State-owned refinery run rates edge down

Beijing (JLC), March 22, 2024--Chinese state-owned oil refineries' run rates fell in the week to March 20, 2024 (Wednesday) due to refinery turnarounds, JLC’s data shows.

3-22-2024 11:14:25

China unveils progress in “super catalytic cracking” technology

Guangzhou (JLC), March 21, 2024 – Shandong-based independent refiner Dongming Petrochemical announced on Tuesday that progress was made in its “UPC” catalytic cracking technology that

3-21-2024 19:11:24

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