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Sinopec founds new petrochemical company in Tianjin

Guangzhou (JLC), June 19, 2025--Sinopec established a new petrochemical company in Tianjin City's Binhai New Area on June 16, 2025, according to Qichacha, an online database of Chinese compa

June 19, 2025

CNOOC Daxie Petchem starts importing crude independently

Guangzhou (JLC), June 19, 2025--CNOOC Ningbo Daxie Petrochemical received its first batch of imported crude oil through independent procurement on June 11 since its establishment 23 years ag

June 19, 2025

China's naphtha imports hit new high in May 2025

Guangzhou (JLC), June 18, 2025--China’s naphtha imports set a new high in May as its demand was growing amid more startup of steam crackers.

June 18, 2025

China petroleum asphalt output inches down in May

Beijing (JLC), June 18, 2025--China’s petroleum asphalt output totaled around 2.31 million mt in May, down 0.1% from April, but up 7.2% compared with May 2024, according to JLC’s data.

June 18, 2025

Trading volume of China INE crude futures surges to new high

​Guangzhou (JLC), June 17, 2025--The trading volume of the crude futures on China's Shanghai International Energy Exchange (INE) surged to a new high on Monday, because of supply concerns.

June 17, 2025

Chinese refineries’ crude runs extend drop on maintenance in May

Guangzhou (JLC), June 16, 2025--Chinese refineries continued to cut their crude runs in May 2025 because of peak maintenance amid seasonally low fuel demand.

June 16, 2025

Zhonghe Weirun Energy to build 200,000 mt/yr SAF project in Henan

Guangzhou (JLC), June 12, 2025--Henan Zhonghe Weirun Energy plans to build a 200,000 mt/yr sustainable aviation fuel (SAF) project in Henan Province's Mengzhou City.

June 12, 2025

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