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China sets GDP growth target at around 5% for 2024

Guangzhou (JLC), March 5, 2024 – The government targeted a gross domestic product (GDP) growth of around 5% this year, Premier Li Qiang said in his first government work report.

March 05, 2024

China's deepest oil well breaks through 10,000 meters

Guangzhou (JLC), March 4, 2024 – The drilling of Shendi Take-1 finally broke through 10,000 meters on March 4.

March 04, 2024

China to see mixed fuel demand and ample supply in March

Guangzhou (JLC), March 4, 2024 – China will see divergent fuel demand in March as gasoline demand is likely to shrink after the 40-day Spring Festival travel rush.

March 04, 2024

China to raise fuel ceilings on March 5

Guangzhou (JLC), March 4, 2024--China will raise its retail ceilings of gasoline and diesel on March 5 (Tuesday), tracking recent rises in international crude prices.

March 04, 2024

PetroChina Lanzhou to refine 9.3 mln mt of crude in 2024

Guangzhou (JLC), March 1, 2024--PetroChina Lanzhou Petrochemical in Northwest China’s Gansu province plans to process 9.3 million mt of crude oil in 2024, the company said on its official

March 01, 2024

State-owned refinery run rates stabilize in late February

Beijing (JLC), February 29, 2024--Chinese state-owned oil refineries' run rates were steady in the week to February 28, 2024 (Wednesday), JLC’s data shows.

February 29, 2024

Sinopec Jiujiang advances refining-aromatics integration

Guangzhou (JLC), February 29, 2024 – Sinopec Jiujiang Petrochemical in Jiangxi province held a facilitation meeting on February 27, marking the advancement of its refining-aromatics upgrad

February 29, 2024

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