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CNOOC starts up China’s largest offshore secondary adjustment project

Guangzhou (JLC), February 21, 2024--State-owned China National Offshore Oil Corporation (CNOOC) announced in early February the commissioning of the Suizhong 36-1/Lvda 5-2 oilfield secondary

February 21, 2024

China's deepest oil well set to break through 10,000 meters

Guangzhou (JLC), February 19, 2024 – The drilling of Shendi Take-1, an exploration well with a designed depth of unprecedented 11,100 meters, was about to break through 10,000 meters.

February 19, 2024

China's CPI and PPI both drop YoY in January 2024

Guangzhou (JLC), February 18, 2024 – China's consumer price index (CPI), a main gauge of inflation, dropped 0.8% year on year in January 2024, data from the National Bureau of Statistics (

February 18, 2024

SHPGX thanks JLC for its support and trust

Guangzhou (JLC), February 18, 2024 – JLC has recently received a thank-you letter from the Shanghai Petroleum and Natural Gas Exchange (SHPGX), who acknowledged JLC's excellent services an

February 18, 2024

China INE crude price rises on geopolitical tensions

Guangzhou (JLC), February 8, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended rises on Thursday, amid continued geopolitical tensions.

February 08, 2024

Feedstock unloading in Shandong slows down in January

Guangzhou (JLC), February 8, 2024 – Feedstock unloading in Shandong slowed down in January as local independent refiners stepped up delivery from bonded storage tanks with the help of fres

February 08, 2024

State-owned refinery run rates up on higher fuel demand

Beijing (JLC), February 7, 2024-- Chinese state-owned oil refineries' run rates rose in the week to February 7, 2024 (Wednesday) due to strong gasoline demand, JLC’s data show.

February 07, 2024

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