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PetroChina reports a 5.3% drop in its net profits in Q3 2024

Guangzhou (JLC), October 30, 2024--PetroChina’s net profits attributable to its equity shareholders decreased by 5.3% in the third quarter (Q3) of this year, mainly because of a drop in it

October 30, 2024

Sinopec to cut its crude runs in Q4 2024

Guangzhou (JLC), October 29, 2024--Sinopec will cut its crude runs in the last quarter (Q4) of 2024, judged from its plan for the second half of 2024 and its throughput in Q3.

October 29, 2024

Beijing launches pilot project to run vehicles using HVO

Beijing (JLC), October 28, 2024--China’s first closed-loop HVO utilization pilot project was launched on October 14 in Haidian District, Beijing.

October 28, 2024

State-owned refinery run rates inch up despite refinery incident

Beijing (JLC), October 25, 2024--Chinese state-owned oil refineries' run rates rebounded in the week to October 23, 2024 (Wednesday), JLC’s data shows.

October 25, 2024

New energy trucks now a new rival to diesel models

Guangzhou (JLC), October 24, 2024 –Domestic sales of new energy heavy-duty trucks (mostly electric trucks) surged in September, as the trend of electrification gained more popularity not j

October 24, 2024

China to raise fuel ceilings on October 24, second time in a row

Guangzhou (JLC), October 23, 2024--China will raise its retail ceilings of gasoline and diesel on October 24, 2024 (Thursday), the second time in a row, as crude prices have gone up.

October 23, 2024

China’s trade-in policies boost car sales in September: CPCA

Guangzhou (JLC), October 22, 2024 – China’s passenger car retail sales were up 4.5% year on year and 10.6% month on month in September, as the effect of the latest trade-in policies kick

October 22, 2024

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