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Sinopec expects net profit to tumble by 39.5%-43.7% in H1

Guangzhou (JLC), August 5, 2025--Sinopec has expected a plunge of 39.5%-43.7% in its net profit for the first half (H1) of this year, according to its 2025 Semi-Annual Performance Indicative Announcem

08-05-2025 15:14:16

China INE crude price dips after imposition of new US tariffs

Guangzhou (JLC), August 1, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated moderately on Friday after new US tariffs took effect on certain trading p

08-01-2025 19:15:07

China's fuel prices climb on stronger crude

Guangzhou (JLC), August 1, 2025--China's wholesale gasoline and diesel prices climbed in the week ending August 1, because of a rally in international crude prices and relatively strong gasoline dema

08-01-2025 18:06:52

Crude stocks at Shandong ports drop as consumption grows

Guangzhou (JLC), July 31, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined in the week ending July 31, as local refiners’ consumption grew.

07-31-2025 18:59:41

Shandong independents' run rates up as restarts counter maintenance

Guangzhou (JLC), July 30, 2025--Shandong independent refiners' operating rates extended rises in the week to July 30 when Haike Ruilin Chemical ratcheted up its throughput after coming back online.

07-30-2025 19:04:27

Independents' crude refining margins weaken in late July

Guangzhou (JLC), July 30, 2025--Shandong-based independents' refining margins for imported crude weakened in late July, due to higher crude costs and lower sales revenue.

07-30-2025 18:50:46

PetroChina Guangdong Petrochemical begins exporting diesel

Guangzhou (JLC), July 30, 2025--PetroChina Guangdong Petrochemical officially launched its diesel export business on July 28, PetroChina International (Hong Kong) said on its WeChat platform.

07-30-2025 14:01:56

China INE crude price rises amid potential supply risks

Guangzhou (JLC), July 29, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rallied on Tuesday after U.S. President Donald Trump brought forward the deadline for

07-29-2025 18:49:18

Guangxi Petchem restarts a diesel unit from 5-year shutdown

Guangzhou (JLC), July 29, 2025--PetroChina Guangxi Petrochemical successfully restarted a 2.0 million mt/yr diesel hydro-upgrading unit on July 25, after keeping it offline for five years.

07-29-2025 17:11:56

Sinopec completes China’s largest B24 biofuel bunkering

Guangzhou (JLC), July 29, 2025--Sinopec Fuel Oil pumped 5,700 mt of B24 low-sulfur biofuel onto vessel “Chastine Maersk” at Ningbo Port in Zhejiang Province on July 17, breaking the record for the la

07-29-2025 16:56:14

Sinopec Yanshan Petrochemical restarts No. 4 CDU

Guangzhou (JLC), July 29, 2025--Sinopec Yanshan Petrochemical successfully fed crude oil into its No. 4 crude distillation unit on July 27, the company said on its official Wechat account on Tuesday.

07-29-2025 15:55:43

SinoBunker completes world’s first bunkering of green ammonia

Guangzhou (JLC), July 28, 2025--SinoBunker pumped a batch of green ammonia as marine fuel onto an ammonia-powered vessel at COSCO Shipping Heavy Industry’s terminal in Dalian on July 24, which was th

07-28-2025 19:22:02

China INE crude price dips on potential for more Venezuelan supply

Guangzhou (JLC), July 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid the possibility of more oil supply from Venezuela.

07-28-2025 18:52:12

China’s PDH unit operating rate moves down

Beijing (JLC), July 28, 2025--The overall operating rate of China’s PDH units slipped by 0.81 percentage points to 69.52% in the week ending July 24 (Thursday), JLC’s data showed.

07-28-2025 15:48:21

PetroChina Jilin starts up 1 mln mt/yr pygas hydrogenation unit

Guangzhou (JLC), July 25, 2025--PetroChina Jilin Petrochemical put a 1.0 million mt/yr pyrolysis gasoline (pygas) hydrogenation unit into operation recently, the company said on its WeChat platform.

07-25-2025 18:43:38

MTBE exports rebound in June

Beijing (JLC), July 24, 2025--China exported 303,600 mt of MTBE in June 2025, up 11.82% month on month and 66.98% year on year, according to data from the GACC.

07-25-2025 13:42:13

China INE crude price stabilizes on mixed factors

Guangzhou (JLC), July 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was largely steady on Thursday, supported by drawdowns in the US crude and gasoline s

07-24-2025 19:08:43

PetroChina Fuel Oil completes China's first ULSFO bunkering

Guangzhou (JLC), July 24, 2025--PetroChina Fuel Oil Company completed China's first ultra-low-sulfur fuel oil (ULSFO) bunkering at Shanghai Yangshan Port on July 24.

07-24-2025 19:00:16

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), July 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending July 24, as unloading outpaced outbound delivery.

07-24-2025 18:46:22

Dongying Port sees completion of two 250,000-dwt SPM crude berths

Guangzhou (JLC), July 24, 2025--The construction of two 250,000-dwt single point mooring (SPM) crude berths in Dongying Port was completed ahead of schedule, Dongying Port Economic Develop Area said.

07-24-2025 18:39:39

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