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CNOOC starts production at Weizhou 11-4 project in South China Sea

Guangzhou (JLC), December 8, 2025--CNOOC brought on-stream Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project on December 3, the company reported last Wednesday.

12-08-2025 16:12:22

China INE crude price grows on falling exports from Black Sea ports

Guangzhou (JLC), December 5, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise Friday on reports that crude exports from Russian Black Sea port

12-05-2025 19:00:11

Daqing Petrochemical starts jet fuel export by sea

Guangzhou (JLC), November 26, 2025--PetroChina Daqing Petrochemical is beginning to export jet fuel by sea, PetroChina reported on its news website on November 25.

11-26-2025 15:36:00

CSSC Tianjin launches sea trials for first oil product tanker

Guangzhou (JLC), November 5, 2025--On October 29, CSSC (Tianjin) Shipbuilding, under Dalian Shipbuilding Industry Corporation, officially started sea trials for the first oil product tanker it built.

11-05-2025 17:47:27

PetroChina Liaoyang exports jet fuel by sea for first time

Guangzhou (JLC), June 6, 2025--Tanker "BOXER", carrying 30,000 mt of jet fuel from PetroChina Liaoyang Petrochemical, set sail for the Hong Kong International Airport on May 27.

06-06-2025 17:53:23

SOEs to slash December diesel output amid seasonally weak demand

Guangzhou (JLC), December 9, 2024--State-owned enterprises (SOEs) plan to cut their diesel production sharply in December 2024 when domestic demand turns seasonally weak.

12-09-2024 15:05:48

Domestic refiners produce more asphalt in Oct on seasonal demand

Beijing (JLC), November 20, 2024—China’s petroleum asphalt output totaled around 2.12 million mt in October, swelling by 217,000 mt or 11.4% month on month, JLC’s data showed.

11-20-2024 15:30:10

Philippines remains biggest overseas diesel market for China in Jan-Aug

Guangzhou (JLC), September 26, 2024--The Philippines was still China’s largest diesel export market in January-August 2024, taking 29.62% of the latter’s exports, according to the GACC data.

09-26-2024 15:48:27

CNOOC discovers another large oilfield in Bohai Sea

Beijing (JLC), March 19, 2024--CNOOC discovered an oilfield with proven reserves of 104 million (mln) mt in Bohai Sea, namely Qinchuangdao 27-3 oilfield, the company said on March 18.

03-19-2024 16:19:39

China INE crude price retreats on resuming shipping in the Red Sea

Guangzhou (JLC), December 28, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday as some shipping firms are returning to the Red Sea route.

12-28-2023 19:30:50

China INE crude price rise slows on limited impact of Red Sea tensions

Guangzhou (JLC), December 20, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday amid geopolitical tensions near the Red Sea, but t

12-20-2023 17:55:30

China INE crude price rises further on suspended shipments via Red Sea

Guangzhou (JLC), December 19, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday, after more firms suspended shipments through the Re

12-19-2023 18:56:57

China INE crude price inches up on escalating tensions in the Red Sea

Guangzhou (JLC), December 18, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Monday, as increasing attacks on ships in the Red Sea sparked concern

12-18-2023 18:46:23

Overseas investors of crude futures exempted from individual income tax

Guangzhou (JLC), September 6, 2023--Overseas individual investors can now enjoy an exemption from individual income tax on the income obtained from investing in Chinese domestic crude oil futures.

09-06-2023 15:55:13

Passenger cars consume 26% more fuel with AC on: research

Guangzhou (JLC), June 21, 2023 – A passenger vehicle may consume 26~30% more fuel when the air condition system stays on during the summer season.

06-21-2023 16:50:09

JLC releases research report on China’s gas stations for 2022

Guangzhou (JLC), May 4, 2023 – JLC has released on April 23 a research report (PowerPoint version) that sheds light on the development of China’s gas stations for 2022

05-04-2023 19:09:27

Liaohe Petchem provides asphalt for Dalian Bay Undersea Tunnel

Guangzhou (JLC), March 22, 2023--PetroChina Liaohe Petchem had shipped 800 mt of its "Kunlun Huanxiling" asphalt to Dalian up until Mar 16, for the construction of the Dalian Bay Undersea Tunnel.

03-22-2023 17:52:56

China naphtha market dim despite peak demand season

Beijing (JLC), September 27, 2022--China’s naphtha market was sluggish in Sept this year, the peak demand season for China’s oil market, and the price of naphtha even posted a downtrend in the month.

09-27-2022 14:54:00

China’s MTBE exports increase in April on strong overseas demand

06-01-2022 17:30:00

China Seaport International Trading sets new bunkering record

Seaport International Trading Co., Ltd in East China’s Zhejiang province has recently set a new bunkering record regarding fuel injection into a single ship at one time, the company said.

04-21-2022 17:27:49

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