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PetroChina’s net profit sets new high in 2024

Guangzhou (JLC), March 31, 2025--PetroChina’s net profit attributable to its equity shareholders set a new high in 2024, mainly because of lower costs, despite slightly lower sales revenue.

03-31-2025 18:27:04

CNOOC's net profit surges 11.4% in 2024

Guangzhou (JLC), March 27, 2025--CNOOC’s net profit surged by 11.4% year on year in 2024 on the back of production growth and cost reduction, according to the company’s annual report released on March

03-27-2025 19:11:07

Sinopec discovers over 140 mln mt of shale oil reserves

Guangzhou (JLC), March 26, 2025--Sinopec discovered over 140 million mt of shale oil reserves in the Xinxing Oilfield in the Shengli Jiyang Shale Oil National Demonstration Zone on March 22, with the

03-26-2025 19:04:44

China's apparent consumption of diesel drops 4.12% in Jan-Feb

Guangzhou (JLC), March 21, 2025--China's apparent consumption of diesel dropped year on year in the first two months of 2025 when its production declined significantly amid seasonally weak demand.

03-21-2025 16:03:42

Sinopec Zhongke exports 12,400 mt of jet fuel via processing trade

Guangzhou (JLC), March 10, 2025--Sinopec Zhongke (Guangdong) Refinery & Petrochemical recently delivered 12,400 mt of jet fuel to the customs-supervised tanks at Shenzhen Bao’an International Airport,

03-10-2025 15:59:45

China’s crude imports drop 3.43% in first two months

Guangzhou (JLC), March 7, 2025--China imported a total of about 83.85 million mt of crude oil in the first two months of 2025, down 4.45 million mt from the corresponding months in 2024.

03-07-2025 12:39:22

Chimbusco completes Hong Kong’s largest B24 biofuel bunkering

Guangzhou (JLC), February 21, 2025--Pan National Petrochemical CO., Ltd., a subsidiary of Chimbusco, recently pumped 5,500 mt of B24 biofuel onto ship “XIN LOS ANGELES” in Hong Kong, marking the large

02-21-2025 11:14:30

Daqing Refining & Chemical's January crude runs surge 8.14%

Guangzhou (JLC), February 20, 2025--PetroChina Daqing Refining & Chemical's crude runs soared by 8.14% year on year in January 2025, Daqing Daily reported on its news website on February 20.

02-20-2025 18:36:29

Sinopec cuts its refinery crude runs in 2024

Guangzhou (JLC), February 11, 2025--Sinopec processed 252.30 million mt of crude oil in 2024, down 2.03% from 2023, according to the company’s unaudited operational statistics for 2024.

02-11-2025 18:25:34

China’s bonded bunker fuel sales rise 2.21% in 2024

Guangzhou (JLC), February 8, 2025--China’s bonded bunker fuel sales increased by 2.21% year on year in 2024, due to the detour of ships on some routes to China amid the Red Sea conflict and the stron

02-08-2025 18:43:43

China imports more LPG in Dec 2024

Beijing (JLC), January 23, 2025—In December, China’s LPG imports totaled 3.20 million mt, up by 924,100 mt or 40.69% month on month and 738,500 mt or 30.06% year on year.

01-23-2025 16:14:08

China's jet fuel exports surge 19.62% in 2024

Guangzhou (JLC), January 23, 2025--China's jet fuel exports soared by 19.62% to about 18.92 million mt in 2024, according to data from the General Administration of Customs of the PRC (GACC).

01-23-2025 13:53:04

China’s bonded bunker fuel imports surge in 2024, exports edge down

Guangzhou (JLC), January 22, 2025--China’s bonded bunker fuel imports surged in 2024, while its bonded bunker fuel exports plunged, which could mainly be ascribed to tight domestic supply.

01-22-2025 18:49:56

Guangdong records rise of 7.09% in its crude runs in 2024

Guangzhou (JLC), January 22, 2025--Guangdong province recorded a rise of 7.09% in its daily crude runs in 2024, in contrast to drops in most regions, according to data from the NBS.

01-22-2025 16:21:15

China’s fuel oil output plunges by 18.4% in 2024

Guangzhou (JLC), January 21, 2025--China’s fuel oil output plunged by 18.4% year on year in 2024, reversing a yearly increase of 4.9% in 2023, according to the data from the National Bureau of Statist

01-21-2025 18:14:30

Singapore’s bunker fuel sales hit record high in 2024

Guangzhou (JLC), January 21, 2025--Singapore’s bunker fuel sales reached a record high in 2024, due to surging ship arrivals amid geopolitical tensions.

01-21-2025 17:34:43

China exports gasoline to fewer markets in 2024

Guangzhou (JLC), January 21, 2025--Chinese oil companies exported gasoline to only 16 markets in 2024, down from 21 in 2023, according to data from the GACC.

01-21-2025 15:56:53

Philippines still China’s biggest diesel export market in 2024

Guangzhou (JLC), January 21, 2025--The Philippines was still the biggest diesel export market for China in 2024, though its imports from the latter declined by 19.22%.

01-21-2025 14:55:25

China's naphtha imports drop 4.47% in 2024

Guangzhou (JLC), January 20, 2025--China's naphtha imports declined in 2024, which could be ascribed to growing domestic production and poor profit margins.

01-20-2025 18:44:46

Russia becomes largest fuel oil supplier to China in 2024

Guangzhou (JLC), January 20, 2025--Russia became the largest fuel oil supplier to China in 2024, up from the second place in 2023, according to data from the General Administration of Customs of the P

01-20-2025 18:18:19

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