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CHIMBUSCO completes first biofuel bunkering for COSCO Shipping

Guangzhou (JLC), September 6, 2023 – CHIMBUSCO’s European subsidiary successfully pumped a batch of B20 biofuel certified by ISCCinto a container ship named “SAGITTARIUS”.

September 06, 2023

Overseas investors of crude futures exempted from individual income tax

Guangzhou (JLC), September 6, 2023--Overseas individual investors can now enjoy an exemption from individual income tax on the income obtained from investing in Chinese domestic crude oil fu

September 06, 2023

Tarim Basin becomes China’s largest ultra-deep oilfield production base

Guangzhou (JLC), September 4, 2023 – Tarim Basin in Xinjiang Uygur Autonomous Region has become China’s largest ultra-deep oilfield base.

September 04, 2023

Top 3 majors see growth in upstream, midstream and downstream sectors

Guangzhou (JLC), September 1, 2023 – China’s three largest publicly-traded state-owned oil majors—PetroChina, Sinopec and CNOOC—all saw growth in the upstream, midstream and downstre

September 01, 2023

China releases third-batch export quotas on oil products

Guangzhou (JLC), September 1, 2023 – China has released this year’s 3rd batch of export quotas on oil products (gasoline, diesel and jet fuel), permitting another 12 mln mt of exports.

September 01, 2023

China's manufacturing PMI keeps improving in August

Guangzhou (JLC), August 31, 2023 – China's manufacturing purchasing managers' index (PMI) came in at 49.7% in August, up 0.4 percentage points from July.

August 31, 2023

Guangdong on high alert as Super Typhoon Saola nears

Guangzhou (JLC), August 31, 2023 – China’s National Meteorological Center (NMC) has issued on August 31 a Red Alert (the highest level) for Super Typhoon Saola, which is expected to brin

August 31, 2023

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