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Positive factors improved blended gasoline profitability in Q2

In Q2 2016, international crude futures moved upwards which broke $40/bbl in April, domestic refined oil retail prices experienced four-consecutive-rise. Trading atmosphere was improved unde

July 11, 2016

Sinopec Yanshan crude run soars up by 358% in July

According to JYD, Sinopec Yanshan finished the overhaul in early July, and it planning crude run would soar up by 358.33% MoM in July to 0.55 million mt, with daily crude run increasing shar

July 11, 2016

China sets pace for green energy

China has cut coal consumption by 1.57 billion metric tons from 2010 to 2015 to reduce carbon emissions by 3.6 billion tons. And it has shown a commitment to green energy by becoming the lar

July 11, 2016

Zhenhai Refinery crude run will increase 21.29% in July

According to JYD, in July Zhenhai Refining & Chemical the planning crude processing volume settles up by 21.29% MoM to 1.88 million mt, with daily run 60,600 mt, up by 17.38%.

July 08, 2016

Reasonable oil-gas spread guarantees profit of deep processing companies

Gross profit of olefin deep processing unit from July 1st to July 7th declined from last week. According to JYD, profit of alkylation unit averaged CNY283/mt, down 5% from a week ago.

July 08, 2016

China gasoline demand will rise 1% in 3rd quarter

It’s reported that, in the third quarter China gasoline consumption would increase 1% against the previous quarter, and despite overhauls of major refiners, the high run rate of Shandong t

July 08, 2016

Units of Yumen Refinery will be maintained successively

According to JYD, PetroChina Yumen Refinery (hereafter short as “Yumen Refinery”) will carry out overall maintenance from July 5th lasting about 2 months.

July 08, 2016

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