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Shanxi to build 8-mln-cbm crude oil storage base

Guangzhou (JLC), June 1, 2026--On May 26, LONGWAY entered into a contract with Shanxi Daliangshan Storage and Transportation, to provide whole-process engineering consulting services for the Xiangyuan

06-01-2026 18:56:32

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

Jiangsu's second 300,000 DWT crude oil terminal comes online

Guangzhou (JLC), May 28, 2026--The second 300,000 DWT crude oil terminal in Jiangsu was brought online as a 300,000 DWT crude oil tanker was unloaded after being moored in the Xuwei Port Area of Liany

05-28-2026 19:03:14

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's daily crude oil imports hit 45-month low

Guangzhou (JLC), May 9, 2026--China's daily crude oil imports plunged to a 45-month low in April 2026, according to the latest data from the General Administration of Customs of the PRC (GACC).

05-09-2026 15:00:26

CNOOC sets record in oil and gas output in Q1

Guangzhou (JLC), April 29, 2026--CNOOC set a record in its net oil and gas output in the first quarter (Q1) of this year, according to the company's quarterly report released on April 28.

04-29-2026 19:27:59

Xinjiang kicks off China's first crude oil synthesis project

Guangzhou (JLC), April 21, 2026--Xinjiang kicked off a 1.6 mln mt/yr imported solid asphalt upgrading-with-green-energy project in Tacheng recently, welcomed as China's first for producing synthetic c

04-21-2026 10:18:14

China's daily crude oil imports drop in March, but still high

Guangzhou (JLC), April 14, 2026--China's daily crude oil imports fell both month-on-month and year-on-year in March 2026, according to the latest data from the GACC.

04-14-2026 16:34:07

Sinopec Shengli Oilfield CCUS project sequesters over 1.3 billion m3 of CO2

Guangzhou (JLC), March 30, 2026--The CCUS project operated by Sinopec Shengli Oilfield has sequestered more than 1.3 billion m3 of CO₂, signifying a substantial breakthrough in China's large-scale car

03-30-2026 19:15:49

China INE crude slips as US considers releasing sanctioned Iranian oil

Guangzhou (JLC), March 20, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday amid the prospect that the United States may bring the sanctione

03-20-2026 19:02:48

China INE crude soars amid potential Iranian attacks on oil facilities

Guangzhou (JLC), March 19, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) surged on Thursday after Iran issued a warning of possible attacks on oil facilities

03-19-2026 19:14:53

China INE crude retreats amid potential for further oil reserve release

Guangzhou (JLC), March 17, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid the prospect of a further release of oil reserves by the I

03-17-2026 18:44:09

China INE crude slumps amid potential IEA oil reserve release

Guangzhou (JLC), March 11, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) plummeted on Wednesday amid the possibility that the International Energy Agency (IE

03-11-2026 19:02:53

Caofeidian crude oil storage project sees new progress

Guangzhou (JLC), January 27, 2026--Recently, the construction of the Caofeidian crude oil storage and transportation project has made significant progress.

01-27-2026 18:16:09

CNOOC starts up Xijiang Oilfield Cluster block 24 development project

Guangzhou (JLC), December 23, 2025--China National Offshore Oil Corporation (CNOOC) announced the commissioning of the Xijiang Oilfield Cluster block 24 development project on December 22.

12-23-2025 14:36:53

China INE crude price slips on recovering supply from Iraqi oilfield

Guangzhou (JLC), December 9, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday following the resumption of output at a major Iraqi oilfield.

12-09-2025 18:32:43

China INE crude price ticks up on falling US oil rig count

Guangzhou (JLC), November 27--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Thursday, after Baker Hughes reported a big drop in the US oil rig count.

11-27-2025 19:19:06

Changqing Oilfield records over 60 mln mt of oil and gas equivalent, sixth year in a row ‌

Guangzhou (JLC), November 27, 2025--The Changqing Oilfield has recorded over 60 million mt of oil and gas equivalent so far this year, the sixth consecutive year that the output hits the 60-million-m

11-27-2025 19:08:03

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

ZPC to expand Mamu crude oil storage in Zhoushan

Guangzhou (JLC), November 6, 2025--ZPC plans to expand its Mamu crude oil storage in Zhoushan City, according to an environmental impact assessment report.

11-06-2025 18:26:49

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