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Yanchang Petroleum completes half of annual refining target

Guangzhou (JLC), June 24, 2025--Shaanxi Yanchang Petroleum has completed 50.12% of its annual crude throughput target of 15.10 million mt as of June 19, the company said on its official Wechat account

06-24-2025 15:43:47

CNOOC Daxie Petchem starts importing crude independently

Guangzhou (JLC), June 19, 2025--CNOOC Ningbo Daxie Petrochemical received its first batch of imported crude oil through independent procurement on June 11 since its establishment 23 years ago.

06-19-2025 16:09:58

Shandong independents' run rates rebound on unit restarts

Guangzhou (JLC), June 18, 2025--Shandong independent refiners' operating rates rebounded in the week ending June 18, putting an end to 11 weeks of drops, because of unit restarts.

06-18-2025 18:36:01

Sinopec Zhongke tallies over 66 million mt of crude throughput

Guangzhou (JLC), June 16, 2025--Up until the end of May 2025, Sinopec Zhongke (Guangdong) Refinery & Petrochemical processed 66.85 million mt of crude oil since it began operation five years ago.

06-16-2025 18:29:31

Shandong independents' run rates drop for 11 weeks in a row

Guangzhou (JLC), June 11, 2025--Shandong independent refiners' operating rates extended falls in the week ending June 11, the 11th week in a row, amid peak maintenance.

06-11-2025 18:30:39

Chinese independent refiners’ operating rate drops modestly in May

Guangzhou (JLC), June 11, 2025--Chinese independent refiners' operating rate fell modestly in May 2025 when unit maintenance grew amid seasonally weak demand.

06-11-2025 16:00:13

China INE crude price rises on better-than-expected US jobs data

Guangzhou (JLC), June 9, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday, on the back of better-than-expected US non-farm payrolls

06-09-2025 18:37:12

SOEs to hike June refinery operating rate on less maintenance

Guangzhou (JLC), June 5, 2025--State-owned enterprises (SOEs) are likely to hike their refinery operating rates in June 2025, after maintenance peaked in April-May.

06-05-2025 18:44:39

Independents find higher refining margins for imported crude

Guangzhou (JLC), June 5, 2025--Shandong-based independent refiners found higher refining margins for imported crude in early June, because of rising sales revenue and slightly lower crude costs.

06-05-2025 14:35:13

Shandong independents' run rates drop for 10 weeks in a row

Guangzhou (JLC), June 4, 2025--Shandong independent refiners' operating rates extended falls in early June, the 10th week in a row, amid peak maintenance.

06-04-2025 17:26:17

Shandong independents' run rates drop for nine weeks in a row

Guangzhou (JLC), May 28, 2025--Shandong independent refiners' operating rates extended falls in late May, the ninth week in a row, as more units came under maintenance.

05-28-2025 19:12:16

China INE crude price dips on potential OPEC+ output hike

Guangzhou (JLC), May 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Wednesday amid expectations of another OPEC+ output hike.

05-28-2025 18:48:48

Sinopec Qilu raises Shengli crude processing ratio, jet fuel output

Guangzhou (JLC), May 28, 2025--Sinopec Qilu Petrochemical increased the processing ratio of Shengli crude and the production of jet fuel and petroleum coke, in an effort to cut costs and amplify margi

05-28-2025 15:21:05

China INE crude slips on possibility of another OPEC+ output hike

Guangzhou (JLC), May 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday amid the possibility that OPEC+ will accelerate production incr

05-23-2025 18:29:56

Shandong independents' run rates drop for eight weeks in a row

Guangzhou (JLC), May 21, 2025--Shandong independent refiners' operating rates dropped again in the week ending May 21, the eighth week in a row, due to more unit maintenance.

05-21-2025 18:00:27

China INE crude price up as prospects of US-Iran nuclear deal weakens

Guangzhou (JLC), May 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed on Tuesday as the United States and Iran are still disputing the “red line” of

05-20-2025 18:57:15

China INE crude price slips on hopes of US-Iran nuclear deal

Guangzhou (JLC), May 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday amid expectations that the United States and Iran may soon reac

05-16-2025 19:04:39

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

Shandong independents' run rates drop for seven weeks in a row

Guangzhou (JLC), May 14, 2025--Shandong independent refiners' operating rates extended drops in the middle of May, the seventh week in a row, due to more unit maintenance.

05-14-2025 18:27:33

Feedstock unloading for Shandong independents retreats in April

Guangzhou (JLC), May 9, 2025--Shandong-based independent refiners saw a slowdown in their unloading of imported feedstock in April, after a surge in March.

05-09-2025 15:26:14

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