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Shandong independents' run rates drop amid weaker margins

Guangzhou (JLC), July 10, 2024--Shandong independent refiners’ operating rates dropped in the week to July 10 when some refineries lowered crude runs mainly due to poorer refining margins.

July 10, 2024

Sinopec Fuel Oil signs biodiesel deals with 10 companies

Guangzhou (JLC), July 9, 2024 – Sinopec Fuel Oil Sales Co. Ltd. has signed strategic framework agreements with 10 biodiesel companies since June.

July 09, 2024

PetroChina Dushanzi restarts 200,000-b/d CDU after overhaul

Guangzhou (JLC), July 9, 2024 – PetroChina Dushanzi Petrochemical, located in the Xinjiang Uygur Autonomous Region, resumed operation of its crude distillation unit (CDU) on July 6.

July 09, 2024

China INE crude price dips on non-compliance of some OPEC+ members

Guangzhou (JLC), July 8, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged down on Monday due to a lack of compliance of some OPEC+ members.

July 08, 2024

Shandong independents see lower feedstock unloading in H1

Guangzhou (JLC), July 8, 2024 – Shandong-based independent refiners and traders saw less feedstock unloading in the first half of the year (H1), largely due to lower demand.

July 08, 2024

State-owned refinery run rates up on unit restart

Beijing (JLC), July 4, 2024--Chinese state-owned oil refineries' run rates gained in the week to July 3, 2024 (Wednesday) as Sinopec Qilu Petrochemical brought one of its CDUs back online, J

July 04, 2024

China to implement new policy on natural gas from Aug 1

Guangzhou (JLC), July 3, 2024--China will implement new policy on natural gas from August 1, 2024, according to the Administration Measures on Natural Gas Utilization。

July 03, 2024

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