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Shandong Rizhao Port completes new crude tanks

Beijing (JLC), August 3, 2021--Shandong Port Group Rizhao Port Company has passed the acceptance of its newly-constructed phase III oil tank farms at the end of July, the company said on its

August 03, 2021

China's diluted bitumen imports retreat from record high

Beijing (JLC), August 3, 2021--China's diluted bitumen imports retreated from a record high in June 2021, as the levy of consumption tax dented buying interest.

August 03, 2021

INE crude dips after China’s factory activity growth slows down

Guangzhou (JLC), August 2, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) fell slightly on Monday, due to a slowdown in the expansion of China’s manuf

August 02, 2021

State-run refineries’ July operating rates slip despite less maintenance

Guangzhou (JLC), August 2, 2021--Chinese state-run refineries’ operating rates retreated in July as market fundamentals were weak, despite less refinery maintenance.

August 02, 2021

Shandong’s Dongjiakou port starts operating phase-2 crude terminal

This project comprises a 300,000 deadweight ton (dwt) oil berth and a 100,000 dwt one, with a design capacity to handle a total of 25.50 mln mt of crude oil, fuel oil and diluted bitumen a y

August 02, 2021

INE crude edges up on expectation of tightening supply

Guangzhou (JLC), July 30, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) edged up further on Friday, amid expectation of tightening supply.

July 30, 2021

China moves forward with renewable energy development in H1 2021

Beijing (JLC), July 30, 2021--China made great progress in the development of renewable energy power generation in the first half of 2021 in response to President Xi Jinping’s call to achi

July 30, 2021

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