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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

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

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

Independents see lower crude refining margins in late Sept

Guangzhou (JLC), September 25, 2025--Shandong-based independent refiners saw lower refining margins for imported crude in late September, as their sales revenue continued to decrease.

09-25-2025 13:45:55

Shandong independents' run rates retreat from nine-month high

Guangzhou (JLC), September 24, 2025--Shandong independent refiners' operating rates declined in the week to September 24, after reaching a nine-month high in the previous week, JLC’s data shows.

09-24-2025 18:53:56

Huajin Aramco preparing crude terminal for acceptance check

Guangzhou (JLC), September 24, 2025--Huajin Aramco Petrochemical Company is preparing its 300,000-dwt crude terminal for acceptance check and operation, the Panjin Municipal Bureau of Commerce said.

09-24-2025 17:48:54

China INE crude price slides further on stronger yuan

Guangzhou (JLC), September 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to drop on Tuesday after an appreciation in Chinese currency.

09-23-2025 18:22:42

Crude imports via Maoming SPM terminal hit new high

Guangzhou (JLC), September 19, 2025--So far in 2025, crude imports via a single point mooring (SPM) terminal at Maoming Port have exceeded 12 million mt, setting a historical high.

09-19-2025 18:55:34

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

Independents' refining margins for imported crude retreat

Guangzhou (JLC), September 18, 2025--Shandong-based independents' refining margins for imported crude retreated in mid-September, due to a rally in crude costs, despite slightly higher sales revenue.

09-18-2025 11:07:07

Shandong independents' run rates hit nine-month high

Guangzhou (JLC), September 17, 2025--Shandong independent refiners' operating rates increased further in the week to September 17, hitting a new high in about nine months, JLC’s data shows.

09-17-2025 18:52:30

PetroChina Guangdong hits 50-mln-mt mark in crude runs

Guangzhou (JLC), September 17, 2025--PetroChina Guangdong Petrochemical has processed more than 50 million mt of crude oil since it began operation in early 2023.

09-17-2025 18:29:45

China INE crude price rises for third straight trading day

Guangzhou (JLC), September 17, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed further on Wednesday, the third time in a row, due to lingering concerns

09-17-2025 17:39:54

Crude stocks at Shandong ports retreat on higher consumption

Guangzhou (JLC), September 11, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week ending September 11, as local independent refiners' feedstock consumption

09-11-2025 18:56:30

Independents' crude refining margins surge amid lower costs

Guangzhou (JLC), September 11, 2025--Shandong-based independents' refining margins for imported crude surged in the week ending September 10, because of falling crude costs, despite slightly lower sal

09-11-2025 16:47:22

Yanchang Petroleum sees completion of Yan’an crude tank farm

Guangzhou (JLC), September 11, 2025--Shaanxi Yanchang Petroleum’s new crude oil tank farm project was completed on September 10, Shaanxi Petroleum Chemical Engineering and Construction, the contractor

09-11-2025 14:36:46

Shandong independents' run rates rise for fifth straight week

Guangzhou (JLC), September 10, 2025--Shandong independent refiners' operating rates continued to grow in the week to September 10, the fifth gain in a row, after a refiner in Heze wrapped up maintenan

09-10-2025 18:51:16

Feedstock unloading for Shandong independents increases slightly

Guangzhou (JLC), September 10, 2025--Shandong-based independent refiners and traders slightly increased their unloading of imported feedstock in August, because of expectations of rising demand.

09-10-2025 11:21:04

Crude stocks at Shandong ports rally on more unloading

Guangzhou (JLC), September 4, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending September 4, as unloading outpaced outbound delivery.

09-04-2025 19:04:33

Independents see lower crude refining margins in early Sept

Guangzhou (JLC), September 3, 2025--Shandong-based independent refiners saw a further decline in their crude refining margins in early September, because of lower sales revenue and slightly higher cr

09-03-2025 18:52:08

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