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China’s fuel oil imports from Russia plunge in H1 2025

Guangzhou (JLC), July 21, 2025--China recorded a plunge in its fuel oil imports from Russia in the first half (H1) of this year, which could be attributed to weakening demand and relatively high impo

07-21-2025 16:53:23

Dalong oil depot renovation project comes online in Guizhou

Guangzhou (JLC), July 18, 2025--Sinopec Guizhou (Tongren) Oil Products Company put its Dalong oil depot renovation project into operation recently, Sinopec reported on its news website on July 18.

07-18-2025 18:55:00

Crude stocks at Shandong ports drop, still high

Guangzhou (JLC), July 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped modestly in the week ending July 17, after consumption rebounded, but were still high.

07-17-2025 18:29:35

Shandong independents' crude refining margins continue to fall

Guangzhou (JLC), July 17, 2025--Shandong-based independents' refining margins for imported crude continued to fall in the middle of July, due to sliding sales revenue and climbing costs.

07-17-2025 15:13:34

Shandong independents' run rates rebound modestly

Guangzhou (JLC), July 16, 2025--Shandong independent refiners' operating rates rebounded modestly in the week to July 16, mainly as Qirun Chemical ratcheted up its throughput after restart.

07-16-2025 18:37:32

Sinopec Guangzhou runs refinery at 90.62% of capacity in H1

Guangzhou (JLC), July 16, 2025--Sinopec Guangzhou Petrochemical ran its refinery at 90.62% of capacity in the first half (H1) of 2025, according to data from the company.

07-16-2025 17:37:01

Longyan Zhuoyue to build biofuel units in Thailand

Beijing (JLC), July 16, 2025—Longyan Zhuoyue New Energy (Longyan Zhuoyue) will invest CNY 700 million (USD 97.5 million) in the construction of its Thailand-based biofuel project.

07-16-2025 15:04:00

China INE crude price dips on easing supply concerns

Guangzhou (JLC), July 15, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated slightly on Tuesday as market concerns about U.S. sanctions on Russian oil

07-15-2025 19:01:35

PetroChina Guangxi completes refining-chemical project

Guangzhou (JLC), July 15, 2025--PetroChina Guangxi Petrochemical took delivery of a 1.2 million mt/yr ethylene plant on July 14, signifying the completion of its upgrade project.

07-15-2025 16:56:58

China to cut fuel ceilings on July 16

Guangzhou (JLC), July 15, 2025--China will mark down its retail ceilings of gasoline and diesel on July 16, 2025 (Wednesday), as international crude prices have retreated over the past 10 working day

07-15-2025 15:03:13

China's fuel prices drop amid expectation of lower retail ceilings

Guangzhou (JLC), July 11, 2025--China's wholesale gasoline and diesel prices moved lower in the week ending July 11, mainly because of an expected cut in the country's fuel retail ceilings.

07-11-2025 17:46:19

Shandong independents unload more imported feedstock in June

Guangzhou (JLC), July 11, 2025--Shandong-based independent refiners and traders unloaded more imported feedstock last month, due to multiple factors.

07-11-2025 15:05:22

Crude stocks at Shandong ports retreat from over 10-month high

Guangzhou (JLC), July 10, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending July 10, after hitting a new high in over 10 months in early July.

07-10-2025 18:38:36

PetroChina Ningxia's jet fuel output hits new high in H1

Guangzhou (JLC), July 10, 2025--PetroChina Ningxia Petrochemical produced more than 110,000 mt of jet fuel in the first half (H1) of 2025, setting a record high, PetroChina said on its news website.

07-10-2025 17:59:57

Shandong independents' crude refining margins weaken

Guangzhou (JLC), July 10, 2025--Shandong-based independents' refining margins for imported crude weakened in the week to July 9, as crude costs increased and their sales revenue slipped.

07-10-2025 11:34:00

Shandong independents' run rates retreat amid maintenance

Guangzhou (JLC), July 9, 2025--Shandong independent refiners' operating rates retreated in the week to July 9, as the maintenance of a refiner in Dongying counteracted the restart of another one.

07-09-2025 18:59:53

Daqing Refining & Chemical's crude runs top 2.8 mln mt in H1 2025

Guangzhou (JLC), July 9, 2025--PetroChina Daqing Refining & Chemical in Heilongjiang processed a total of 2.835 million mt of crude oil in the first half (H1) of this year, the company said on its off

07-09-2025 17:04:27

China INE crude price rallies on easing worries over more OPEC+ supply

Guangzhou (JLC), July 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday as concerns over rising supply from OPEC+ eased.

07-08-2025 18:53:19

Shandong MTBE prices rise in June

Beijing (JLC), July 8, 2025-Shandong MTBE prices in June averaged CNY5,160/mt, up by 2.48% month on month and down by 21.31% year on year, JLC data indicates.

07-08-2025 16:54:11

PetroChina Guangdong's jet fuel delivery sets new high in June

Guangzhou (JLC), July 7, 2025--PetroChina Guangdong Petrochemical's jet fuel delivery stood at 260,800 mt in June, the highest for a single month, China Chemical Industry News reported on July 4.

07-07-2025 18:14:17

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