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State-owned refinery run rates fall for seven weeks straight

Guangzhou (JLC), April 30, 2025--As of the week ending April 30, Chinese state-owned oil refineries' run rates dropped for seven weeks in a row, because of unit maintenance.

04-30-2025 18:56:49

CNOOC's net profit drops 7.9% in Q1 2025

Guangzhou (JLC), April 30, 2025--CNOOC's net profit fell by 7.9% year on year in the first quarter (Q1) of 2025 amid lower oil prices, according to the company's quarterly report released on April 29.

04-30-2025 18:51:59

PetroChina's net profit grows 2.3% in Q1 2025

Guangzhou (JLC), April 30, 2025--PetroChina's net profit attributable to its equity shareholders rose by 2.3% year on year in the first quarter (Q1) of 2025.

04-30-2025 18:46:06

Sinopec's net profit plunges 27.6% in Q1 2025

Guangzhou (JLC), April 29, 2025--Sinopec's net profit attributable to its shareholders slumped by 27.6% year on year in the first quarter (Q1) of 2025 when oil product demand dropped.

04-29-2025 15:24:04

Kuwait's PIC acquires 25% stake in Wanhua Chemical's subsidiary

Guangzhou (JLC), April 28, 2025--Petrochemical Industries Company (PIC), a subsidiary of Kuwait Petroleum Corporation (KPC), and Wanhua Chemical Group signed an agreement on April 25.

04-28-2025 18:48:00

PetroChina Jilin's crude runs set new high in Q1

Guangzhou (JLC), April 28, 2025--PetroChina Jilin Petrochemical's crude runs reached a historical high in the first quarter (Q1) of 2025, PetroChina reported on its news website on April 28.

04-28-2025 15:02:19

Sinopec Hunan to bring jet fuel pipeline online in Q3

Guangzhou (JLC), April 27, 2025--Sinopec Hunan Petrochemical is expected to put its jet fuel pipeline into operation in the third quarter (Q3) of 2025, Sinopec said on its news website on April 27.

04-27-2025 18:02:56

PetroChina Sichuan's bonded jet fuel exports set new high in Q1

Guangzhou (JLC), April 25, 2025--PetroChina Sichuan Petrochemical's bonded jet fuel exports reached 135,000 mt in the first quarter (Q1) of 2025, a new high for the same period of time.

04-25-2025 19:01:51

PetroChina Guangxi completes 400,000 mt/yr aromatics extraction unit

Guangzhou (JLC), April 24, 2025--PetroChina Guangxi Petrochemical completed the construction of a 400,000 mt/yr aromatics extraction unit on April 20, China News reported on April 22.

04-24-2025 18:57:52

Sinopec exports asphalt to Singapore for first time

Guangzhou (JLC), April 24, 2025--Carrying 3,300 mt of high-grade asphalt, tanker "KANG HUA WAN" anchored in the port of Singapore on April 16.

04-24-2025 18:50:35

China's MTBE market declines in H1 April, unlikely to rebound in late April

Guangzhou (JLC), April 23, 2025--China's MTBE prices declined in the first half of April (H1) 2025, and are not expected to rebound late this month when sales pressure remains.

04-23-2025 18:43:08

Sinopec Tahe's refining-chemical project sees EIA publicity

Guangzhou (JLC), April 23, 2025--Sinopec Tahe Refining & Chemical's refining-chemical integration project saw the publicity of an environmental impact assessment (EIA) report.

04-23-2025 18:35:14

China's naphtha output slips on year in March

Guangzhou (JLC), April 22, 2025--China's naphtha output inched down year on year in March 2025 amid lower refinery operating rates.

04-22-2025 18:45:04

China's apparent kerosene consumption inches up in March

Guangzhou (JLC), April 22, 2025--China's apparent consumption of kerosene edged up year on year in March 2025 on the back of lower exports, but it was capped by less production.

04-22-2025 17:41:51

China's apparent diesel consumption drops 6.8% in March

Guangzhou (JLC), April 22, 2025--China's apparent consumption of diesel decreased by 6.80% year on year in March 2025, as domestic production saw a decline.

04-22-2025 17:39:08

China's apparent gasoline consumption falls in March

Guangzhou (JLC), April 22, 2025--China's apparent consumption of gasoline dropped year on year in March 2025 due to lower output.

04-22-2025 17:36:44

China's March naphtha imports hit 7-month high

Guangzhou (JLC), April 21, 2025--China's naphtha imports reached a 7-month high in March 2025, according to the data from the General Administration of Customs of the PRC (GACC).

04-21-2025 18:47:13

Shandong independents' run rates drop for 3 weeks straight

Guangzhou (JLC), April 16, 2025--Shandong independent refiners' operating rates fell for three weeks straight in the week ending April 16.

04-16-2025 18:56:47

China's GDP grows 5.4% in Q1 2025

Guangzhou (JLC), April 16, 2025--China's gross domestic product (GDP) expanded by 5.4% year on year in the first quarter (Q1) of 2025, according to the latest data released by the NBS.

04-16-2025 16:37:21

Dushanzi Petchem gets EIA approval for jet fuel upgrade project

Guangzhou (JLC), April 15, 2025--PetroChina Dushanzi Petrochemical obtained the environmental impact assessment (EIA) approval for its jet fuel upgrade project on April 14.

04-15-2025 18:52:22

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