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PetroChina Dushanzi begins constructing Phase-II Tarim Ethylene Project

Guangzhou (JLC), August 11, 2023 – PetroChina Dushanzi Petrochemical’s Phase-II Tarim Ethylene Project (1.2 million mt/yr) in Korla, Xinjiang Uygur Autonomous Region entered full constru

August 11, 2023

China to release 3rd batch of LSFO export quotas soon

Guangzhou (JLC), August 11, 2023 – China is likely to release the 3rd batch of export quotas for low-sulfur fuel oil (LSFO) in the coming days, with about 5 million mt expected in this rou

August 11, 2023

State-owned oil refinery run rates dip

Guangzhou (JLC), August 10, 2023--State-owned oil refineries' run rates dropped in the week to August 9 (Wednesday), mainly because PetroChina Daqing Refining and Chemical (120,000 b/d) shut

August 10, 2023

China to raise fuel ceilings on Aug 10, fourth time in a row

Guangzhou (JLC), August 9, 2023--China will raise its retail ceilings of gasoline and diesel on August 10, 2023, the fourth time in a row, tracking recent rises in international crude prices

August 09, 2023

China likely to release more export quotas for oil products soon

Guangzhou (JLC), August 9, 2023 – China is likely to release the 3rd batch of export quotas for oil products in the coming days, as qualified exporters are running out of quotas.

August 09, 2023

China’s crude imports retreat in July

Guangzhou (JLC), August 8, 2023--China’s crude imports retreated on month in July, after a surge in June, according to data released by the General Administration of Customs of the PRC.

August 08, 2023

CNPC and Sinopec Group enter top 10 on Fortune’s Global 500

Guangzhou (JLC), August 3, 2023 – CNPC and Sinopec Group ranked 5th and 6th respectively on Fortune Magazine's 2023 “Global 500” published on August 2.

August 03, 2023

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