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Shandong independents' run rates slip for seventh straight week

Guangzhou (JLC), June 10, 2026--Shandong independent refiners' operating rates fell further in the week ending June 10, the seventh consecutive week of drops, JLC’s data shows.

06-10-2026 19:20:00

CNOOC's Kenli 10-2 oilfield Phase-1 development project starts running

Guangzhou (JLC), May 29, 2026--CNOOC's Phase-1 development project for Kenli 10-2 oilfield cluster, China's largest offshore shallow-layer lithologic oilfield, became fully operational recently, Peopl

05-29-2026 18:30:18

China delivers self-developed new-gen VLCC

Guangzhou (JLC), March 25, 2026--Dalian Shipbuilding Industry Co., Ltd. (DSIC) successfully delivered a new-generation very large crude carrier (VLCC) on March 25.

03-25-2026 18:37:58

Restructuring of Sinopec and CNAF to usher in new development

01-09-2026 17:08:22

Sinopec Hunan Petrochemical achieves qualified production from new reformer

Guangzhou (JLC), January 5, 2026--Sinopec Hunan Petrochemical achieved production of qualified high-octane gasoline components and some other products from its new reformer on January 4.

01-05-2026 18:27:23

CNOOC starts up Xijiang Oilfield Cluster block 24 development project

Guangzhou (JLC), December 23, 2025--China National Offshore Oil Corporation (CNOOC) announced the commissioning of the Xijiang Oilfield Cluster block 24 development project on December 22.

12-23-2025 14:36:53

Sinopec achieves zero diesel production with major breakthrough in RTC

Guangzhou (JLC), November 25, 2025--Sinopec Research Institute of Petroleum Processing Co. (RIPP) has achieved a major breakthrough with its resid to chemicals (RTC) technology.

11-25-2025 11:55:42

Independents' crude refining margins surge on lower costs, higher revenue

Guangzhou (JLC), November 13, 2025--Shandong-based independent refiners' crude refining margins surged in the week to November 12, because of lower crude costs and higher sales revenue.

11-13-2025 16:10:45

Fuxing Oilfield achieves breakthrough in shale oil production

Guangzhou (JLC), October 14, 2025--Sinopec’s Fuxing Oilfield (Chongqing) has reported record output from a shale well recently, with daily production exceeding 200 mt.

10-14-2025 14:37:35

China's fuel prices slip again, seventh week in a row

Guangzhou (JLC), September 19, 2025--China's wholesale gasoline and diesel prices slipped again in the week ending September 19, the seventh week in a row, due to a further increase in domestic suppl

09-19-2025 18:36:45

Fengbei Biotech gets approval in IPO review

Beijing (JLC), August 12, 2025—Suzhou Fengbei Biotechnology (Fengbei Biotech) has passed the initial public offering (IPO) review, according to the Listing Review Committee of SSE’s announcement.

08-12-2025 16:00:00

China's April naphtha imports stay close to seven-month high

Guangzhou (JLC), May 19, 2025--China's naphtha imports were largely stable in April 2025, after hitting a seven-month high in March.

05-19-2025 16:02:50

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

State-owned refinery run rates fall for seven weeks straight

Guangzhou (JLC), April 30, 2025--As of the week ending April 30, Chinese state-owned oil refineries' run rates dropped for seven weeks in a row, because of unit maintenance.

04-30-2025 18:56:49

Crude stocks at Shandong ports surge to over seven-month high

Guangzhou (JLC), April 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports surged to a new high in over seven months in early April.

04-03-2025 17:27:34

China’s fuel prices rally after seven weeks of drops

Guangzhou (JLC), March 28, 2025--China’s wholesale gasoline and diesel prices rallied in late March, after drops in seven consecutive weeks, because of rising international crude prices and pre-holid

03-28-2025 18:49:27

Domestic fuel prices drop for seven consecutive weeks

Guangzhou (JLC), March 21, 2025--China’s wholesale gasoline and diesel prices have dropped for seven consecutive weeks, due to weakening gasoline demand and bearish sentiment.

03-21-2025 19:17:08

Shandong independents' run rates rally after eleven weeks of drops

Guangzhou (JLC), March 5, 2025--Shandong independent refiners' operating rates rallied in early March, after dropping for eleven consecutive weeks, as two refiners wrapped up maintenance.

03-05-2025 19:12:25

State-owned refinery run rates increase, seventh week in a row

Beijing (JLC), January 24, 2025--Chinese state-owned oil refineries' run rates went up further in the week to January 22 (Wednesday), the seventh week in a row, JLC’s data shows.

01-24-2025 10:38:28

China INE crude price remains elevated

Guangzhou (JLC), January 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday, still supported by the latest round of US sanctions

01-14-2025 18:50:01

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