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Costco opens its first gas station in China

Guangzhou (JLC), May 11, 2024 – U.S. retail giant Costco opened its first gas station in China on May 9, as part of its efforts to offer a variety of services.

May 11, 2024

Shandong hints at another large petrochemical complex

Guangzhou (JLC), May 10, 2024 – Fuhai Group is now soliciting public opinion on its newly-planned petrochemical complex as it conducts a social impact assessment report for the project.

May 10, 2024

State-owned refinery run rates fall on abundant supply

Beijing (JLC), May 9, 2024--Chinese state-owned oil refineries' run rates dropped in the week to May 8, 2024 (Wednesday) amid abundant supply, JLC’s data shows.

May 09, 2024

China's oil product exports drop on month in April 2024

Guangzhou (JLC), May 9, 2024--Chinese companies' oil product exports declined by 24.4% month on month in April 2024 when domestic refinery maintenance peaked and export margins were poor.

May 09, 2024

China’s April crude imports drop 5.8% on month

Guangzhou (JLC), May 9, 2024--China imported about 44.72 million mt of crude oil in April 2024, with the daily imports at roughly 10.88 million barrels, down 5.79% month on month, calculatio

May 09, 2024

PetroChina’s profit boosted by stronger sales in Q1

Beijing (JLC), May 7, 2024--PetroChina's revenue and net profit both grew in the first quarter of 2024 amid higher sales of oil products, natural gas and chemical products, the company said

May 07, 2024

Domestic gasoline and diesel prices extend gains in April

Guangzhou (JLC), April 30, 2024--China's gasoline and diesel prices extended gains in April, tracking rises in international crude prices, also because of relatively strong gasoline demand a

April 30, 2024

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