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PetroChina Jilin records new high in daily crude throughput

Guangzhou (JLC), September 17, 2025--PetroChina Jilin Petrochemical recorded a new high in its daily crude throughput on September 5, following the start-up of its 1.2 million mt/yr ethylene plant on

09-17-2025 19:05:10

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

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

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

China's offshore heavy oil output from thermal recovery exceeds 5 mln mt

Guangzhou (JLC), September 2, 2025--China's cumulative output of offshore heavy oil thermal recovery has exceeded 5.00 million mt, becoming the world's first country to achieve large-scale thermal re

09-02-2025 18:45:43

Yanchang completes 90% of Yan'an crude oil tank farm

Guangzhou (JLC), September 1, 2025--Shaanxi Yanchang Petroleum has completed 90% of the construction of its new crude oil tank farm in Yan'an, the company said on its WeChat platform on August 20.

09-01-2025 19:12:53

CNOOC's net profit drops 12.8% in H1 2025

Guangzhou (JLC), August 28, 2025--CNOOC recorded a drop of 12.8% year on year in its net profit attributable to its equity shareholders in the first half (H1) of 2025, according to the company's semi

08-28-2025 18:42:39

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

Independents' crude refining margins continue to improve

Guangzhou (JLC), August 21, 2025--Shandong-based independents' crude refining margins continued to improve in the week to August 20, as crude costs lost more than oil product prices.

08-21-2025 16:57:24

Crude stocks at Shandong ports rally on more unloading

Guangzhou (JLC), August 14, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in the week ending August 14, as local independent refiners' cargo unloading outpaced out

08-14-2025 17:49:13

Independents' refining margins for imported crude surge

Guangzhou (JLC), August 14, 2025--Shandong-based independents' refining margins for imported crude surged in mid-August, because of a sharp fall in crude costs, despite a moderate slip in their sales

08-14-2025 14:57:52

Feedstock unloading for Shandong independents rises in July

Guangzhou (JLC), August 8, 2025--Shandong-based independent refiners and traders saw a further increase in their unloading of imported feedstock in July, amid expectation of faster consumption, relat

08-08-2025 18:26:34

Independents find lower refining margins for imported crude

Guangzhou (JLC), August 7, 2025--Shandong-based independents found lower refining margins for imported crude in early August, as crude costs climbed further and their sales revenue went lower.

08-07-2025 18:25:06

Sinopec discovers first shale oil field in Sichuan Basin

Guangzhou (JLC), August 4, 2025--Sinopec has recently discovered geological reserves of about 20.10 million mt of oil and 12.35 billion cubic meters of natural gas in the Fuxing Oilfield in the Sichu

08-04-2025 18:27:09

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

Independents' refining margins for imported crude rally

Guangzhou (JLC), July 24, 2025--Shandong-based independents' refining margins for imported crude rallied modestly in mid-to-late July, boosted by a slip in crude costs.

07-24-2025 13:52:22

Shandong independents' crude refining margins continue to fall

Guangzhou (JLC), July 17, 2025--Shandong-based independents' refining margins for imported crude continued to fall in the middle of July, due to sliding sales revenue and climbing costs.

07-17-2025 15:13:34

Shandong independents unload more imported feedstock in June

Guangzhou (JLC), July 11, 2025--Shandong-based independent refiners and traders unloaded more imported feedstock last month, due to multiple factors.

07-11-2025 15:05:22

Shandong independents' crude refining margins weaken

Guangzhou (JLC), July 10, 2025--Shandong-based independents' refining margins for imported crude weakened in the week to July 9, as crude costs increased and their sales revenue slipped.

07-10-2025 11:34:00

Shandong independents' run rates retreat amid maintenance

Guangzhou (JLC), July 9, 2025--Shandong independent refiners' operating rates retreated in the week to July 9, as the maintenance of a refiner in Dongying counteracted the restart of another one.

07-09-2025 18:59:53

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