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China INE crude price up amid prospect of new EU sanctions on Russia

Guangzhou (JLC), September 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Thursday as the European Union (EU) is advancing a new roun

09-11-2025 17:43:38

Independents' crude refining margins surge amid lower costs

Guangzhou (JLC), September 11, 2025--Shandong-based independents' refining margins for imported crude surged in the week ending September 10, because of falling crude costs, despite slightly lower sal

09-11-2025 16:47:22

Yanchang Petroleum sees completion of Yan’an crude tank farm

Guangzhou (JLC), September 11, 2025--Shaanxi Yanchang Petroleum’s new crude oil tank farm project was completed on September 10, Shaanxi Petroleum Chemical Engineering and Construction, the contractor

09-11-2025 14:36:46

Shandong independents' run rates rise for fifth straight week

Guangzhou (JLC), September 10, 2025--Shandong independent refiners' operating rates continued to grow in the week to September 10, the fifth gain in a row, after a refiner in Heze wrapped up maintenan

09-10-2025 18:51:16

Feedstock unloading for Shandong independents increases slightly

Guangzhou (JLC), September 10, 2025--Shandong-based independent refiners and traders slightly increased their unloading of imported feedstock in August, because of expectations of rising demand.

09-10-2025 11:21:04

China INE crude price rallies on OPEC+ compensatory output cuts

Guangzhou (JLC), September 9, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday due to compensatory production cuts by certain OPEC+ members

09-09-2025 18:52:27

Sinopec and Aramco inaugurate petrochemical venture in Fujian

Guangzhou (JLC), September 9, 2025--Sinopec, Saudi Aramco, and Fujian Province together announced the establishment of a petrochemical company at an inauguration ceremony on September 7, Sinopec said.

09-09-2025 18:20:55

Sinopec Guangzhou exports over 90,000 mt of asphalt in Jan-Aug

Guangzhou (JLC), September 9, 2025--Sinopec Guangzhou Petrochemical exported more than 90,000 mt of asphalt in the first eight months of this year, Sinopec said on its official news website on Septemb

09-09-2025 15:42:39

China INE crude price down on further output boost by OPEC+

Guangzhou (JLC), September 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday after OPEC+ decided to further ramp up output in Octo

09-08-2025 18:14:59

China’s PDH unit operating rate continues to fall

Beijing (JLC), September 8, 2025--The overall operating rate of China’s PDH units fell by 1.06 percentage points to 70.50% in the week ending September 4 (Thursday), JLC’s data showed.

09-08-2025 16:30:59

Sinopec Shijiazhuang to build 10,000-cbm jet fuel tank

Guangzhou (JLC), September 5, 2025--Sinopec Shijiazhuang Refining & Chemical aims to build a jet fuel storage tank with a capacity of 10,000 cubic meters (cbm), according to an EIA report.

09-05-2025 17:55:48

China INE crude price retreats on possible OPEC+ output hike

Guangzhou (JLC), September 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday amid the potential for further output increases by OPEC+ an

09-04-2025 18:37:20

Sinopec Shijiazhuang to build new jet fuel pipeline

Guangzhou (JLC), September 4, 2025--Sinopec Shijiazhuang Refining & Chemical plans to build a new jet fuel pipeline linking its refinery to Shijiazhuang Zhengding International Airport.

09-04-2025 18:31:03

Independents see lower crude refining margins in early Sept

Guangzhou (JLC), September 3, 2025--Shandong-based independent refiners saw a further decline in their crude refining margins in early September, because of lower sales revenue and slightly higher cr

09-03-2025 18:52:08

Shandong independents' run rates rise further in early September

Guangzhou (JLC), September 3, 2025--Shandong independent refiners' operating rates continued to grow in the week to September 3, still supported by unit restarts.

09-03-2025 18:51:36

China INE crude price rises on fading hopes for Russia-Ukraine talks

Guangzhou (JLC), September 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday amid diminishing prospects for Russia-Ukraine peace

09-02-2025 18:37:37

China’s PDH unit operating rate slips

Beijing (JLC), September 1, 2025--The overall operating rate of China’s PDH units fell by 2.28 percentage points to 71.56% in the week ending August 28 (Thursday), JLC’s data showed.

09-01-2025 16:43:57

PetroChina Guangdong's crude stocks hit 791,000 mt

Guangzhou (JLC), August 29, 2025--PetroChina Guangdong Petrochemical's crude oil inventories reached 791,000 mt on August 25, an increase of 150,000 mt from the middle of this month.

08-29-2025 16:36:46

PetroChina starts up world's largest diesel absorption and separation unit

Guangzhou (JLC), August 28, 2025--PetroChina Guangxi Petrochemical achieved qualified production from its 2.0-million-mt-per-year diesel absorption and separation unit, the world’s largest, on Aug 26.

08-28-2025 19:03:07

Independents' crude refining margins retreat in late Aug

Guangzhou (JLC), August 28, 2025--Shandong-based independents' refining margins for imported crude retreated in late August, due to a rally in crude costs and a decline in sales revenue.

08-28-2025 11:38:28

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