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State-owned refinery run rates rise in early October

Guangzhou (JLC), October 9, 2025--Chinese state-owned oil refineries' run rates increased in the week ending October 8 (Wednesday), JLC’s data shows.

10-09-2025 18:47:01

China INE crude price falls on easing tensions in Middle East

Guangzhou (JLC), October 9--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined on October 9 after Israel and Hamas agreed to the first phase of the US-proposed

10-09-2025 18:38:16

Shandong independents' run rates slip for third straight week

Guangzhou (JLC), October 9, 2025--Shandong independent refiners' operating rates continued to drop in the week to October 8, marking the third consecutive week of decline, JLC’s data shows. The 39 S

10-09-2025 17:19:39

China INE crude price slips as OPEC+ may raise output further

Guangzhou (JLC), September 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid expectations of a further production increase by OPEC+

09-30-2025 18:30:57

CNOOC makes major oil and gas discovery in Bohai Bay Basin

Guangzhou (JLC), September 30, 2025--CNOOC successfully drilled a high-yield well in the Paleogene lithologic reservoir of the Liaozhong Sag on September 29.

09-30-2025 13:55:01

Chimbusco completes Zhejiang's first green methanol bunkering

Guangzhou (JLC), September 29, 2025--Chimbusco completed its first green methanol bunkering in the Meishan Port Area of Ningbo-Zhoushan Port on September 29, which was also the first green methanol b

09-29-2025 18:48:59

INE crude price gains on rosy Chinese economic data

Guangzhou (JLC), September 29, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed on Monday following bullish economic data from China.

09-29-2025 18:40:25

China releases plan for petrochemical industry for 2025-2026

Guangzhou (JLC), September 29, 2025--China aims to achieve an annual growth of over 5% in the added value of the petrochemical and chemical industries in 2025-2026.

09-29-2025 18:38:26

Xintai Petrochemical takes delivery of two projects

Guangzhou (JLC), September 29, 2025--Xintai Petrochemical in Shandong took delivery of a 2.0 million mt/yr heavy oil hydrogenation project and a green low-carbon olefin integration project.

09-29-2025 17:37:49

China's Jan-Aug industrial profits return to growth

Guangzhou (JLC), September 29, 2025--Profits at China’s industrial firms edged up 0.9% in Jan-Aug of 2025 compared with a year earlier, reversing a 1.7% decline in the first seven month.

09-29-2025 13:41:38

PetroChina discovers 158 mln mt of new shale oil reserves in Daqing

Guangzhou (JLC), September 28, 2025--PetroChina has discovered 158.0 million mt of new shale oil reserves in the Gulong Shale Oil Field in Daqing, marking a breakthrough in the development of onshore

09-28-2025 18:54:09

China’s PDH unit operating rate edges up

Beijing (JLC), September 28, 2025--The overall operating rate of China’s PDH units inched up by 0.73 percentage points to 71.17% in the week ending September 25 (Thursday), JLC’s data showed.

09-28-2025 17:54:00

Sinopec trims Shengli crude price for September

Guangzhou (JLC), September 28, 2025--Sinopec marked down its Shengli crude price for September 2025, following drops in international crude prices, according to refiner sources in Shandong.

09-28-2025 14:50:55

China INE crude stabilizes on mixed factors

Guangzhou (JLC), September 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was largely stable on Friday, supported by rising Ukrainian attacks on Russian e

09-26-2025 18:52:46

Zhoushan's bonded bunkering volume sets new high in August

Guangzhou (JLC), September 26, 2025--Zhoushan's bonded bunkering volume reached a historical high of 770,000 mt in August 2025, Zhejiang Daily reported recently.

09-26-2025 18:40:43

China's fuel prices extend losses, eighth week in a row

Guangzhou (JLC), September 26, 2025--China's wholesale gasoline and diesel prices extended losses in late September, the eighth week in a row, as demand in South China was depressed by a super typhoo

09-26-2025 15:46:48

Crude stocks at Shandong ports rebound modestly

Guangzhou (JLC), September 25, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded moderately in the week ending September 25, as less feedstock was delivered out of lo

09-25-2025 18:31:04

Singapore's bunker fuel sales continue to increase in August

Guangzhou (JLC), September 25, 2025--Singapore's bunker fuel sales continued to increase in August, mainly as a result of growing demand for alternative fuels.

09-25-2025 18:25:24

China’s MTBE exports remain high in August

Beijing (JLC), September 25, 2025--China exported 461,600 mt of MTBE in August 2025, up 0.53% month on month and 92.00% year on year, according to data from GACC.

09-25-2025 17:36:46

Sinopec Jinling launches HS bunker fuel oil business

Guangzhou (JLC), September 25, 2025--Sinopec Jinling Petrochemical recently delivered 7,300 mt of high-sulfur (HS) bunker fuel oil to Shanghai, marking the start of its HS bunker fuel oil business, Si

09-25-2025 17:36:39

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