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Crude stocks at Shandong ports tumble after cargo unloading drops

Guangzhou (JLC), August 13, 2021--The crude stocks at Shandong ports retreated sharply this week, after cargo unloading dropped, though local independent refiners’ consumption slowed down

August 13, 2021

INE crude retreats after yuan strengthens

Guangzhou (JLC), August 12, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) edged down on Thursday, held back by stronger Chinese yuan and calls for OPEC

August 12, 2021

State-run refineries’ operating rates edge up

Guangzhou (JLC), August 12, 2021--Chinese state-run refineries’ operating rates edged up in the week to August 11, after holding stable for two weeks, JLC's data shows.

August 12, 2021

China releases 3rd-batch quotas on 2021 crude imports

Guangzhou (JLC), August 12, 2021--China has released this year’s third batch of quotas on non-state crude imports, with four independent refiners winning quotas on a total of 4.42 mln mt.

August 12, 2021

PetroChina Daqing starts bunker oil production in June

Beijing (JLC), August 12, 2021--China’s biggest oil and gas producer PetroChina started commercial production of bunker fuel oil at its Daqing Petrochemical, the company said.

August 12, 2021

Sinopec starts operating Yueyang crude storage site

Guangzhou (JLC), August 12, 2021--Sinopec started filling Yueyang commercial crude storage site with oil on July 31, marking the storage site was officially put into commission, Sinopec Chan

August 12, 2021

Oriental Energy to construct PDH in Maoming

Beijing (JLC), August 12, 2021--China’s private Oriental Energy plans to construct a new propane dehydrogenation (PDH) unit in Maoming of southern Guangdong province, the local government

August 12, 2021

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