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China INE crude price slips after US oil rig count rises

Guangzhou (JLC), March 27, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday, after the US oil rig count increased.

03-27-2023 18:49:40

PetroChina Huabei Petchem starts up new crude unloading project

Guangzhou (JLC), March 27, 2023--PetroChina Huabei Petrochemical in Hebei province started operating a 1.50 mln mt/yr train unloading project for crude oil on March 25, the company said.

03-27-2023 18:03:16

NORINCO and Aramco to start building JV project in Q2 2023

Guangzhou (JLC), March 27, 2023--China North Industries Group Corporation (NORINCO) and Saudi Aramco are expected to start building their joint-venture refinery in Northeast China in Q2 2023.

03-27-2023 16:48:04

Jinxi Petrochemical’s LSFO output and sales reach new high

Guangzhou (JLC), March 24, 2023 – PetroChina Jinxi Petrochemical Co., Ltd. has hiked its output and sales of low-sulfur fuel oil a new high.

03-24-2023 19:11:55

China INE crude price inches higher on strong US jobs data

Guangzhou (JLC), March 24, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Friday, as encouraging US employment data counteracted a possible oversu

03-24-2023 18:26:58

Domestic fuel prices extend drops on weak crude

Guangzhou (JLC), March 24, 2023--Domestic gasoline and diesel prices extended drops this week, tracking a further decline in international crude prices, despite fair fuel demand.

03-24-2023 18:00:39

PetroChina Guangdong Petrochemical ramps up crude runs

Guangzhou (JLC), March 24, 2023--PetroChina Guangdong Petrochemical has ramped up the crude runs at its new Jieyang refinery this year, particularly since it started operating the other CDU.

03-24-2023 16:18:20

Shandong independents to boost crude imports in March

Guangzhou (JLC), March 24, 2023--Shandong-based independents are likely to boost their crude imports in March, because of recovering domestic fuel demand and the unloading of some delayed cargoes.

03-24-2023 10:14:04

State-owned oil refinery run rates extend drops on maintenance

Guangzhou (JLC), March 23, 2023--State-owned oil companies cut their refinery run rates further in the week to March 22 (Wednesday), due to refinery maintenance.

03-23-2023 21:50:00

China INE crude price rises further after large US product stock draw

Guangzhou (JLC), March 23, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to climb on Thursday, after reports of a large drawdown in the US product

03-23-2023 19:06:33

China’s MTBE exports surge in first two months

Guangzhou (JLC), March 23, 2023--China recorded a sharp surge in its MTBE exports in the first two months of this year, because of better export margins and delayed customs declaration of some cargoe

03-23-2023 18:58:59

China alkylate market down on lower costs in Mar

Guangzhou (JLC), March 23, 2023--China's alkylate market displayed an overall downtrend in March 2023 as feedstock costs moved lower, and also because of sluggish demand.

03-23-2023 18:24:07

China’s bonded bunker imports hit new low in Jan-Feb 2023

Guangzhou (JLC), March 23, 2023 – China’s bonded bunker fuel imports plummeted to a new low in the first two months of 2023

03-23-2023 18:01:13

Crude stocks at Shandong ports rally on more cargoes

Guangzhou (JLC), March 23, 2023--The crude stocks at Shandong ports rebounded in the week to March 23, as more cargoes were unloaded and local independent refiners’ consumption slowed down further.

03-23-2023 15:55:52

Shandong independents’ run rates extend drops on maintenance

Guangzhou (JLC), March 22, 2023--Shandong-based independent refiners’ operating rates extended drops in the week to March 22, due to maintenance that began earlier this month and tight feedstock.

03-22-2023 19:19:13

PetroChina completes its first bio-bunker sale in Singapore

Guangzhou (JLC), March 22, 2023 – PetroChina International (Singapore) Pte. Ltd. successfully pumped 500 mt of bio-bunker fuel into an oil tanker named "NEW AWARD" on March 15.

03-22-2023 18:57:16

China INE crude price rallies as Russia plans to extend output cut

Guangzhou (JLC), March 22, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Wednesday, after Russia announced that it will extend its output cut th

03-22-2023 18:45:03

Independents’ refining margins for imported crude jump to 15-month high

Guangzhou (JLC), March 22, 2023--Shandong-based independents’ refining margins for imported crude extended surges and exceeded the mark of CNY1,000/mt this week, as import costs continued to decrease

03-22-2023 18:07:58

Liaohe Petchem provides asphalt for Dalian Bay Undersea Tunnel

Guangzhou (JLC), March 22, 2023--PetroChina Liaohe Petchem had shipped 800 mt of its "Kunlun Huanxiling" asphalt to Dalian up until Mar 16, for the construction of the Dalian Bay Undersea Tunnel.

03-22-2023 17:52:56

China’s apparent kerosene consumption drops in Jan-Feb 2023

Guangzhou (JLC), March 22, 2023--China’s apparent kerosene consumption fell in the first two months of 2023, due to surge in exports and decrease in imports, although output was higher.

03-22-2023 17:37:07

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