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China to cut fuel ceilings on April 22, first time in 2026

Guangzhou (JLC), April 21, 2026--China will slash its retail ceilings of gasoline and diesel on April 22, 2026 (Wednesday), the first time this year, as international crude prices have retreated over

04-21-2026 18:44:49

China hikes Russian crude imports sharply in first two months of 2026

Guangzhou (JLC), March 20, 2026—China hiked its imports of Russian crude sharply in the first two months, due to attractive prices and abundant supply.

03-20-2026 18:54:40

China’s crude throughput up 2.9% in Jan-Feb 2026

Guangzhou (JLC), March 17, 2026--Chinese refiners’ crude throughput rose by 2.9% year on year in the first two months of 2026, according to data released by the National Bureau of Statistics (NBS).

03-17-2026 14:35:27

State-owned refinery run rates up on more restarts in Jan 2026

Beijing (JLC), February 6, 2026—Chinese state-owned oil refineries’ run rates climbed in January 2026 when a growing number of refiners brought their crude distillation units (CDUs) back online.

02-06-2026 18:39:53

HAPCO expected to bring refining-chemical project online around Mid-2026

Guangzhou (JLC), February 4, 2026--Recently, Huajin Aramco Petrochemical Company (HAPCO) has achieved a critical milestone for its refining-chemical project by completing the mechanical construction o

02-04-2026 18:51:32

Maoming Port's crude imports set new high in 2025

Guangzhou (JLC), January 28, 2026--Crude imports via Maoming Port hit a record high in 2025, Maoming Net reported on January 20.

01-28-2026 16:08:58

Russian crude accounts for smaller share in China’s imports in 2025

Guangzhou (JLC), January 20, 2026--Russian crude accounted for a smaller share in China’s crude imports in 2025 when shipment from Russia declined and the latter’s total imports grew.

01-20-2026 15:28:01

Chinese refiners' crude runs continue to drop in December 2025

Guangzhou (JLC), January 19, 2026--Chinese refiners' crude runs continued to drop month on month in December 2025, due to weaker fuel demand, despite less maintenance.

01-19-2026 16:58:53

China's crude imports soar to new high in December 2025

Guangzhou (JLC), January 14, 2026--China's crude oil imports surged to a new high in December 2025, according to the latest data from the General Administration of Customs of the PRC (GACC).

01-14-2026 16:04:03

Yanchang Petroleum’s crude runs set new record in 2025

Guangzhou (JLC), January 12, 2026--Shaanxi Yanchang Petroleum Group’s crude throughput hit a new record of over 15.20 million mt in 2025, after surpassing 15 million mt for the first time in 2024, the

01-12-2026 15:08:50

Shandong independents' crude refining margins rebound in early 2026

Guangzhou (JLC), January 8, 2026--Shandong-based independents' refining margins for imported crude rebounded in early 2026 when crude import costs dropped more significantly than sales revenue.

01-08-2026 18:36:09

Shanghai Port's container throughput to set record high in 2025

Guangzhou (JLC), December 16, 2025--Shanghai Port's container throughput is expected to reach a record high in 2025, which will keep the port at the world's top for sixteen consecutive years, People'

12-16-2025 19:02:32

China's crude output likely to hit new high in 2025

Guangzhou (JLC), December 11, 2025--China's crude oil output is likely to hit a historical high of 215 million mt in 2025, China Daily reported on December 9, citing the latest data from the NEA.

12-11-2025 15:56:07

China's longest crude pipeline transmits over 200 mln mt of oil

Guangzhou (JLC), November 25, 2025--As of November 21, the Western Crude Oil Pipeline, China's longest pipeline of its kind, had transported over 200 million mt of crude oil.

11-25-2025 18:57:10

State-owned refinery run rates hit 20-week low

Guangzhou (JLC), November 6, 2025--Chinese state-owned oil refineries' run rates slipped to a 20-week low in the week ending November 5 (Wednesday) due to unit maintenance.

11-06-2025 18:50:10

China INE crude price rallies as OPEC+ to pause output hikes in Q1 2026

Guangzhou (JLC), November 3--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded Monday after OPEC+ announced plans to pause output hikes in the first quarter

11-03-2025 18:54:22

Crude stocks at Shandong ports slip to 20-week low

Guangzhou (JLC), September 18, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended losses in the week ending September 18, hitting a new low in 20 weeks, as local indepe

09-18-2025 18:06:32

CNOOC's net profit drops 12.8% in H1 2025

Guangzhou (JLC), August 28, 2025--CNOOC recorded a drop of 12.8% year on year in its net profit attributable to its equity shareholders in the first half (H1) of 2025, according to the company's semi

08-28-2025 18:42:39

PetroChina's net profit falls 5.4% in H1 2025

Guangzhou (JLC), August 27, 2025--PetroChina's net profit attributable to its equity shareholders dropped by 5.4% year on year in the first half (H1) of this year, according to the company's semi-annu

08-27-2025 15:33:13

Sinopec’s net profit tumbles by 39.8% in H1 2025

Guangzhou (JLC), August 22, 2025--Sinopec recorded a plunge of 39.8% in its net profit for the first half (H1) of this year, according to its semi-annual report for 2025.

08-22-2025 18:48:24

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