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China’s gasoline and diesel prices both reach year-to-date highs

Guangzhou (JLC), September 18, 2023 – China’s gasoline and diesel prices both reached year-to-date highs on Monday (September 18), fueled by rising international crude and seasonal factors.

09-18-2023 18:28:46

Update: China to cut May diesel exports to 10-month low

Guangzhou (JLC), May 5, 2023--Chinese oil companies plan to cut their diesel exports to a 10-month low in May, because of recovering domestic demand, bad export margins and refinery maintenance.

05-05-2023 17:38:53

October oil product exports to surge on additional quotas (Update)

Guangzhou (JLC), October 11, 2022--Chinese refiners plan to increase their exports of oil products sharply in October, because of the release of additional quotas.

10-11-2022 23:38:42

China records smallest year-to-date growth in diesel output

Guangzhou (JLC), August 22, 2022--China recorded the smallest year-to-date growth in its diesel production in July, as demand recovery came to a stall and state-owned refineries still held high stock

08-22-2022 17:40:30

China tallies smallest year-to-date growth in diesel output

Guangzhou (JLC), July 20, 2022--China recorded the smallest year-to-date growth in its diesel production in June, as demand recovery slowed down and oil companies were under some stock pressure.

07-20-2022 14:15:40

Update: China to continue with gasoline and diesel export in April as domestic demand drops

Guangzhou (JLC), March 30, 2022--Chinese oil giants will continue to export gasoline and diesel in April, abandoning their plans made in early March to suspend export in April, as the resurgence of CO

03-30-2022 17:55:28

Shandong alkylation margins hit year-to-date high

Beijing (JLC), May 25, 2021--Alkylation margins in Shandong recorded a year-to-date high, as a result of lower costs and firm alkylate oil prices.

05-25-2021 17:31:57

Update: Independents to import more crude on diluted bitumen excise

Beijing (JLC), May 19, 2021--China’s independent refineries crude import quota is likley to be tight on a surge in imported crude, due to imports reduction in diluted bitumen, JLC research shows.

05-17-2021 16:58:47

Shandong alkylation operating rates hit year-to-date high

Beijing (JLC), May 13, 2021--The operating rates of alkylation units in Shandong set the year's high of 70.2% on April 29, attributed to decent alkylation margins.

05-13-2021 17:55:09

Update: Sinopec to upgrade Beihai

Beijing (JLC), April 28, 2021--Sinopec Beihai Refining and Chemical has completed its capacity expansion project and would start it up in late June, a local government in China’s southwestern Guangxi province said.

04-28-2021 15:10:00

Shandong further knocks out outdated refineries

Beijing (JLC), April 26, 2021--The local government is accelerating to eliminate the outdated refining capacities in China’s eastern Shandong province, home to most of the independent refiners in the largest oil importing country.

04-26-2021 16:16:47

Update: China oil products' export quota to be tight in Q2

Beijing (JLC), April 25, 2021--Chinese refiners are likely to have limited export quotas for oil products in the second quarter, due to relatively high exports in March, JLC research showed.

04-25-2021 11:42:09

Update: Shandong to remove 156,000 bbl/day refining capacity in 2021

Shandong will remove 7.8 mln mt/yr (156,000 bbl/day) of oil refining capacity in 2021, amid its efforts to integrate the refining and chemical industry for high-quality development, the province said in its government work report on February 2.

02-05-2021 11:57:36

Sinopec Xuzhou to exit E10 mandate on tight fuel ethanol supply

Beijing (JLC), October 28, 2020--State-controlled Sinopec's marketing company in Xuzhou city of East China’s Jiangsu province was to exit the E10 mandate, as fuel ethanol supply at upstream refineries was terribly insufficient, the company said in a notice to its clients on October 9.

10-28-2020 10:54:35

Some Chinese cities to exit E10 mandate

Beijing (JLC), September 16, 2020--Some cities in central China’s Hubei province are planning to exit the E10 mandate, because of tightening fuel ethanol supply, industry sources said.

09-16-2020 15:40:49

Shandong proceeds with removal of outdated refining capacity

Shandong has made a preliminary schedule for the removal of outdated refining capacity to make room for the new capacity of the Yulong refining-chemical project, to dismantle four refineries in 2020, according to refinery sources.

06-28-2020 18:10:05

China reconsiders its 2020 E10 mandate

Beijing (JLC), January 9, 2020--The National Energy Administration (NEA) is reconsidering its plan to start mandatory use of ethanol gasoline (E10) nationwide from January 2020, some industry sources with knowledge of the matter said at the end of December.

01-09-2020 15:53:33

Update: Shandong speeds up integration of independent refiners

The Shandong provincial government plans to carry out talks with independent refineries in five cities of the province on integration in the coming days.

08-20-2019 11:23:11

Update: China issues third-batch quotas for refined oil export

Guangzhou (JLC), August 15, 2019--The breakdown of this year's third round of quotas for ordinary-trade refined oil export has been released, according to sources from state-owned oil companies.

08-15-2019 10:45:53

Update: Hengli Petrochemical to be fully commissioned within March

Independent refinery Hengli Petrochemical (Dalian) Refining and Chemical Co., Ltd has achieved on-spec production of oil products from its crude distillation unit (CDU) and is likely on schedule for full run before March 20.

01-29-2019 12:36:31

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