Energy report, Chemical report,News & Commentary, Market Price, JLC database

CNOOC’s net profit plummets 59% in 2020

Guangzhou (JLC), March 31, 2021--China National Offshore Oil Corporation (CNOOC) reported a year-on-year plunge of 59.1% in its net profit for 2020 when the world received a blow from the coronavirus pandemic.

03-31-2021 17:38:09

Sinopec's net profit plunges 43% in 2020

Guangzhou (JLC), March 29, 2021--Sinopec reported a year-on-year plunge of 43% in its net profit for 2020 when the world received a blow from the coronavirus pandemic.

03-29-2021 11:17:14

China apparent LPG consumption down 6.69% in 2020

Beijing (JLC), March 18, 2021--China’s apparent liquefied petroleum gas (LPG) consumption in 2020 declined by 6.69% compared with 2019 resulting from less supply and imports, JLC data shows.

03-18-2021 17:09:12

PetroChina Yunnan's asphalt output triples in 2020

Beijing (JLC), March 1, 2021--PetroChina Yunnan Petrochemical’s asphalt output in 2020 rose by 206% from a year earlier, the company said.

03-01-2021 16:27:04

Crude imports via Shandong’s Laizhou port surge 9% in 2020

Shandong Laizhou port received 8.39 million mt of crude oil in 2020, a surge of 9% from a year before, according to the General Administration of Customs (GAC).

02-20-2021 18:09:43

China’s new energy car sales surge 10.9% in 2020

China's new energy car sales settled at about 1.37 mln in 2020, a surge of 10.9% from 2019, according to data from China Association of Automobile Manufacturers.

02-07-2021 17:11:45

China's oil product exports plummet in 2020

Beijing (JLC), February 3, 2021--China’s oil product exports plunged in 2020, as output declined and international fuel demand was hammered by the COVID-19 pandemic.

02-03-2021 11:06:21

Shandong independents to pay windfall profit tax for 2020

Shandong-based independent refiners should pay the windfall profit tax for 2020 by the end of February 2021, according to official requirements, which will hit their refining margins.

02-02-2021 16:26:44

Chinese refiners improve their product slates sharply in 2020

Chinese refiners improved their product slates significantly to maximize their profit margins and better meet demand in 2020, cutting the yields of some products while boosting those of others.

02-02-2021 14:50:03

China biodiesel exports surge 97.55% on month in Dec 2020

Beijing (JLC), January 28, 2021--China’s biodiesel (under HS code 38260000) exports soared by 97.55% amid the demand from European countries in December 2020 from November, data from the General Administration of Customs (GAC) showed.

01-28-2021 16:11:00

China’s apparent jet fuel consumption declines 14.1% in 2020

China’s apparent jet fuel consumption fell sharply by 14.1% in 2020 as production tumbled when demand crashed amid COVID-19.

01-28-2021 14:30:53

China’s apparent diesel consumption falls 4.02% in 2020

China’s apparent diesel consumption dropped by 4.02% in 2020 as Chinese refiners slashed diesel output when demand was hit hard by COVID-19.

01-27-2021 18:10:08

China's apparent gasoline consumption drops 7.14% in 2020

China's apparent gasoline consumption declined by 7.14% in 2020 when demand was hit by the coronavirus and Chinese refineries cut their production significantly.

01-27-2021 14:02:39

China's jet fuel exports tumble 77.3% in December 2020

China's jet fuel exports plunged by 77.3% year on year in December 2020 when international demand was still hit by ravaging coronavirus.

01-26-2021 16:51:52

Philippines becomes China’s top diesel export market in Dec 2020

The Philippines replaced Australia as China’s largest diesel export market in December 2020, receiving 476,900 mt of diesel from China, according to data from the General Administration of Customs (GAC).

01-26-2021 15:59:27

China's gasoline exports to Singapore plunge in December 2020

China's gasoline exports to Singapore tumbled both year on year and month on month in December 2020, indicating much less demand from the market amid the impact of the coronavirus.

01-26-2021 15:15:49

China’s crude imports from Norway and US jump in 2020

China’s crude imports from Norway and the US surged in 2020 by 1149% and 211% respectively year on year, according to data from the General Administration of Customs (GAC).

01-26-2021 11:34:05

Algeria remains China’s top naphtha supplier in Dec 2020

Algeria remained the largest naphtha supplier to China in December 2020, for the third time in a row, according to Chinese official data.

01-25-2021 16:22:49

China records lower oil product exports on coronavirus in 2020

China recorded lower exports of gasoline, diesel and jet fuel in 2020 when international demand was hit by the coronavirus, despite Chinese oil companies’ effort to boost exports amid domestic oversupply.

01-22-2021 18:37:20

China’s bonded bunker fuel sales soar 39.8% in 2020

China recorded a 39.8% surge in its bonded bunker fuel sales in 2020 when Chinese refineries launched mass low-sulfur fuel oil (LSFO) production and bunker fuel demand jumped at Chinese ports.

01-22-2021 11:55:00

Login

Leading provider of market intelligence and pricing solutions for energy products and commodities in China