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New tax regulation to hit China's jet fuel production

Guangzhou (JLC), June 24, 2021--China’s State Taxation Administration (STA) has released a new regulation on the sale of and tax on jet fuel, to bring the sale of jet fuel under control an

June 24, 2021

China’s Ningbo eyes green petrochemical industry

Beijing (JLC), June 24, 2021--Ningbo city in China’s eastern Zhejiang province, where large private refiner Zhejiang Petroleum and Chemical (ZPC) and Sinopec Zhenhai Refining & Chemical Co

June 24, 2021

Dongying to improve petrochemical sector in Shandong

Beijing (JLC), June 24, 2021--The local government in Dongying aims to improve petrochemical industry development during 2021-2023, the biggest refining hub in eastern Shandong province.

June 24, 2021

NW-SW, Shandong-SW gasoline, diesel arbitrage diverges in June

Beijing (JLC), June 24, 2021--Arbitrage margins for moving oil products from Northwest China and Shandong to Southwest China diverged in June, according to JLC's data.

June 24, 2021

China to hike propane, butane imports amid PHD, MADH boom

Beijing (JLC), June 24, 2021—China is expected to boost propane and butane imports during 2021-2025, as numerous propane and mixed alkane dehydrogenation (PDH, MADH) units alike are planne

June 24, 2021

Shandong independents' run rates slip on inspection and shutdown

Guangzhou (JLC), June 23, 2021--Shandong-based independent refiners’ operating rates slipped this week, because of inspection, the shutdown of a refinery before removal and refinery mainte

June 23, 2021

INE crude gets boost from large US crude inventory draw

Guangzhou (JLC), June 23, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) extended gains on Wednesday due to a huge draw in the US crude inventories, but

June 23, 2021

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