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Crude stocks at Shandong ports drop as consumption rebounds

Guangzhou (JLC), June 19, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped in the week ending June 19, as local independent refiners’ consumption rebounded.

06-19-2025 18:37:42

China’s PP supply pressure eases on lower operating rate

Shandong (JLC), June 19, 2025--In the first half of 2025, the operating rate in China’s PP industry fluctuated downwards, with an average rate of 76.22%.

06-19-2025 16:54:04

Wenjisang UGS cluster takes in over 300 mln cbm of gas this year

Shandong (JLC), June 19, 2025--PetroChina Tuha Oilfield Company injected more than 300 mln cbm (million cubic meters) of natural gas into Wenjisang underground gas storage (UGS) cluster this year.

06-19-2025 14:57:00

PetroChina Guangdong’s 98-RON gasoline output surges 27% in May

Guangzhou (JLC), June 18, 2025--PetroChina Guangdong Petrochemical produced about 28,000 mt of national standard 98-RON gasoline in May, surging by 27% month on month, PetroChina said on its news web

06-18-2025 19:03:29

PetroChina injects over 20 bcm of gas into Xiangguosi UGS

Shandong (JLC), June 18, 2025--As of June 8, more than 20 bcm (billion cubic meters) of natural gas has been injected into the Xiangguosi underground gas storage (UGS) facility.

06-18-2025 16:21:35

Natural gas transmission to Yangtze River Delta via China's West-to-East pipeline hits 550 bcm

Beijing (JLC), June 18, 2025--As of June 5, the west-to-east gas transmission project has delivered 550 billion cubic meters (bcm) of natural gas to Yangtze River Delta.

06-18-2025 16:16:41

China petroleum asphalt output inches down in May

Beijing (JLC), June 18, 2025--China’s petroleum asphalt output totaled around 2.31 million mt in May, down 0.1% from April, but up 7.2% compared with May 2024, according to JLC’s data.

06-18-2025 15:45:46

Domestic gasoline and diesel prices continue to climb

Guangzhou (JLC), June 13, 2025--China's wholesale gasoline and diesel prices continued to climb in the week ending June 13, mainly because of stronger crude prices.

06-13-2025 15:44:11

Crude stocks at Shandong ports rise as consumption slows down

Guangzhou (JLC), June 12, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports grew in the week ending June 12, as local independent refiners’ consumption slowed down further.

06-12-2025 18:24:00

INE crude price up as optimism about China-U.S. trade talks grows

Guangzhou (JLC), June 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday, lifted by hopes for progress in China-U.S. trade talks.

06-10-2025 18:55:03

Sinopec Hunan’s jet fuel pipeline terminal station passes acceptance

Guangzhou (JLC), June 10, 2025--The terminal station project of the jet fuel pipeline linking Hunan Petrochemical to Changsha Huanghua International Airport has passed the completion acceptance, China

06-10-2025 15:32:17

China's May crude imports drop as demand weakens

Guangzhou (JLC), June 9, 2025--China's crude imports dropped to an average level in May 2025, as demand weakened amid peak refinery maintenance.

06-09-2025 16:16:24

INE crude price up on easing worries over China-U.S. trade tensions

Guangzhou (JLC), June 6, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday, as concerns over China-U.S. trade tensions eased after a phone ca

06-06-2025 18:52:37

Shandong independents’ feedstock unloading decreases in May

Guangzhou (JLC), June 6, 2025--Shandong-based independent refiners’ feedstock unloading continued to decrease in May, as their demand slipped amid more unit maintenance.

06-06-2025 17:27:27

China INE crude price down as Trump’s tariffs remain in effect

Guangzhou (JLC), May 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday after a U.S. appeals court reinstated Trump’s tariffs.

05-30-2025 18:56:43

China’s main gas pipeline network transports over 1 trillion cbm of natural gas

Shandong (JLC), May 29, 2025--China’s main natural gas pipeline network has delivered over 1 trillion cbm of natural gas since PipeChina took over the country’s oil and gas pipelines in 2020.

05-29-2025 14:06:04

China’s apparent fuel oil consumption increases in April

Guangzhou (JLC), May 28, 2025--China’s apparent consumption of fuel oil increased month on month in April, because of surging imports, despite higher exports and lower output.

05-28-2025 19:16:53

PetroChina Guangdong's May asphalt output sets new high

Guangzhou (JLC), May 28, 2025--As of May 26, PetroChina Guangdong Petrochemical's 70A asphalt production in May surpassed 80,000 mt, reaching a new high, Workers' Daily reported on May 28.

05-28-2025 19:16:28

Wanhua Chemical to shut phase-I ethylene plant for renovation

Guangzhou (JLC), May 28, 2025--Wanhua Chemical plans to halt production at its phase-I ethylene plant for technical renovation as from June 3, 2025, the company announced on May 23.

05-28-2025 19:11:57

China SBS output increases in May, but Q3 cuts likely on weak demand

Shandong (JLC), May 28, 2025--The SBS planning output in May was 76,800 mt, representing a 7.95% increase month on month. Producers intended to reduce SBS output in the third quarter.

05-28-2025 17:05:20

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