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China to raise fuel prices on January 4, firs time in 12 weeks

Guangzhou (JLC), January 3, 2024--China will raise its gasoline and diesel retail ceilings on January 4, which will be the first rise in about 12 weeks, after six consecutive cuts.

January 03, 2024

Aramco and Rongsheng mull over deeper cooperation

Guangzhou (JLC), January 3, 2024 – Rongsheng Petrochemical (“Rongsheng”) and Saudi Aramco (“Aramco”) signed a memorandum of understanding (MoU) in Dhahran on January 2, 2024

January 03, 2024

CNPC becomes lead contractor for Iraq's West Qurna 1 Oilfield

Guangzhou (JLC), January 3, 2024 – China National Petroleum Corporation (CNPC) officially replaced ExxonMobil as the lead contractor for Iraq's West Qurna 1 Oilfiled..

January 03, 2024

Sinopec Hunan Petrochemical officially in operation

Guangzhou (JLC), January 2, 2024 – Sinopec Hunan Petrochemical was officially put into operation on January 1, 2024 after Sinopec completed the delivery of capital assets into the company.

January 02, 2024

Sinopec’s ZRCC capable of producing three types of aviation fuels

Guangzhou (JLC), December 29, 2023 – Sinopec’s Zhenhai Refining and Chemical Company (ZRCC) began to deliver nearly 30 mt of low-lead aviation gasoline to several aviation academies in S

December 29, 2023

Fuel oil imports expected to grow in 2024 on stronger feedstock appetite

Guangzhou (JLC), December 29, 2023 – China’s fuel oil imports are expected to grow further in 2024, boosted by Shandong independent refiners’ stronger demand for alternative feedstocks

December 29, 2023

NDRC price center thanks JLC for its support in 2023

Guangzhou (JLC), December 28, 2023--The National Development and Reform Commission (NDRC)’s price monitoring center (referred to as the Center hereafter) has written JLC a thank-you letter

December 28, 2023

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