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Shandong independents' run rates slip for seventh straight week

Guangzhou (JLC), June 10, 2026--Shandong independent refiners' operating rates fell further in the week ending June 10, the seventh consecutive week of drops, JLC’s data shows.

06-10-2026 19:20:00

China’s crude imports slump to over-eight-year low

Guangzhou (JLC), June 9, 2026--China's crude oil imports in May 2026 slumped to a new low in over eight years, because of the shipment disruption amid the closure of the Strait of Hormuz and high pric

06-09-2026 18:08:29

CNOOC's Kenli 10-2 oilfield Phase-1 development project starts running

Guangzhou (JLC), May 29, 2026--CNOOC's Phase-1 development project for Kenli 10-2 oilfield cluster, China's largest offshore shallow-layer lithologic oilfield, became fully operational recently, Peopl

05-29-2026 18:30:18

Crude stocks at Shandong ports retreat on lower feedstock arrivals

Guangzhou (JLC), May 28, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports plunged in the week ending May 28 due to fewer feedstock arrivals.

05-28-2026 19:02:19

Zhoushan approves EIA report for ZPC's Mamu oil storage expansion

Guangzhou (JLC), May 27, 2026--Zhoushan municipal ecological environment bureau released a notice earlier this month, approving the environmental impact assessment (EIA) report of the expansion projec

05-27-2026 19:00:26

China receives less crude from the Middle East in April

Guangzhou (JLC), May 21, 2026--China received less crude from most of Middle Eastern countries in April 2026 amid the continued closure of the Strait of Hormuz.

05-21-2026 14:53:02

China INE crude price moves sideways amid geopolitical uncertainty

Guangzhou (JLC), May 19, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) was range-bound on Tuesday amid uncertainty about the situation between the United Sta

05-19-2026 19:11:31

State-owned refinery run rates stay at over six-year low

Guangzhou (JLC), May 15, 2026--Chinese state-owned oil refineries' run rates fell further in the week ending May 13 (Wednesday), remaining the lowest in more than six years, JLC’s data shows.

05-15-2026 16:49:38

China INE crude price drops for third consecutive day

Guangzhou (JLC), May 8, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Friday, the third decline in a row.

05-08-2026 19:07:57

Huajin Aramco's crude terminal approved for operation

Guangzhou (JLC), May 8, 2026--Recently, Huajin Aramco Petrochemical Company (HAPCO)'s 300,000-dwt crude terminal in Panjin Port has been approved for operation.

05-08-2026 18:33:32

State-owned refinery run rates fall to over six-year low

Guangzhou (JLC), May 7, 2026--Chinese state-owned oil refineries' run rates fell further in the week ending May 6 (Wednesday), hitting a new low in more than six years, JLC’s data shows.

05-07-2026 19:15:50

Crude stocks at Shandong ports extend losses on lower feedstock arrivals

Guangzhou (JLC), April 30, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to slip in the week ending April 30 due to fewer feedstock arrivals.

04-30-2026 18:45:08

PetroChina Guangdong completes renovation of product terminal

Guangzhou (JLC), April 24, 2026--PetroChina Guangdong Petrochemical's product terminal renovation project passed the completion acceptance recently, the construction company said.

04-24-2026 18:14:35

Crude stocks at Shandong ports slip further on more outbound delivery

Guangzhou (JLC), April 23, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week ending April 23 as more feedstock was delivered out of local ports.

04-23-2026 19:09:38

Crude handling volume at Yangtze River's Yangzhou section spurts in Q1

Guangzhou (JLC), April 23, 2026--The crude handling volume at the Yangzhou section of the Yangtze River jumped in the first quarter (Q1) of 2026, China News Service reported on April 22.

04-23-2026 18:20:46

China receives much less crude from Saudi Arabia in March

Guangzhou (JLC), April 20, 2026--China received much less crude from Saudi Arabia in March 2026, which could be ascribed to the closure of the Strait of Hormuz.

04-20-2026 18:36:48

Jieyang supporting terminal project to be delivered by June 30

Guangzhou (JLC), April 15, 2026--The supporting terminal project for the 5.2-million-cbm commercial crude oil storage tank farm in Guangdong's Jieyang is expected to be delivered by June 30.

04-15-2026 18:38:26

Crude stocks at Shandong ports retreat on fewer arrivals

Guangzhou (JLC), April 9, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending April 9 due to lower feedstock arrivals.

04-09-2026 18:49:16

Shandong independents' run rates fall to five-month low

Guangzhou (JLC), April 8, 2026--Shandong independent refiners' operating rates continued to slip in the week ending April 8, hitting a new low in about five months, JLC’s data shows.

04-08-2026 19:00:33

Independents' refining margins for imported crude turn negative again

Guangzhou (JLC), April 1, 2026--Shandong-based independents' refining margins for imported crude turned negative again in the week to April 1, due to an increase in crude costs and a decline in their

04-01-2026 18:53:48

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