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Shandong ports oil inventory dropped sharply amid low arrivals

The data from JYD showed that the coastal crude and commercial fuel oil inventory declined markedly, and on July 27th the total stocks in Qingdao, Longkou, Laizhou and Rizhao ports settled a

July 29, 2016

Guangxi Qinzhou to be the important oil products export port for Southern China

Guangxi CIQ released that, in the first half year of 2016, Guangxi (Qinzhou) totally exported 87 batches of oil products with 1.478 million mt, up by 22.5% and 45.5% YoY respectively. Qinzho

July 28, 2016

China the largest oilfield Changqing turned loss into gain

China largest crude and natural gas producer, Changqing Oilfield of PetroChina cut the expenditure and stepped into the profitable ranks in the first half year of 2016.

July 28, 2016

An oil tanker in Zhejiang would be fined amid excessive emission standards

Recently, an oil tanker was investigated by Ningbo Maritime Safety Agency as it used the fuel oil with non-compliances sulfur content, and it’s known that this was the first oil tanker of

July 28, 2016

Multiple bullish factors lifted Biodiesel imports in June

According to data released by customs of the PRC, China Biodiesel (38260000) imports in June was only 512.34mt, which increased obviously than 41mt in May and down by 24.43% YoY.

July 28, 2016

Teapots marine crude refining profits slid to -CNY117/mt

This week, based on the settlement at CNY2,700/mt of light marine crude (density: 0.88-0.90) at Shandong market on July 27th, the theoretical processing loss of Shandong teapots settled at C

July 28, 2016

Import and export volume of LPG both grow in June in China

China LPG import volume in June 2016 totals 1.4174 million mt, up from May 2016. China market still needs great volume of imported LPG. In H1 2016, China has imported 7.8714 million mt LPG.

July 28, 2016

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