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Independents' crude refining margins continue to improve

Guangzhou (JLC), August 21, 2025--Shandong-based independents' crude refining margins continued to improve in the week to August 20, as crude costs lost more than oil product prices.

08-21-2025 16:57:24

China’s PDH unit operating rate moves up slightly

Beijing (JLC), August 18, 2025--The overall operating rate of China’s PDH units inched up by 0.10 percentage points to 72.69% in the week ending August 14 (Thursday), JLC’s data showed.

08-18-2025 17:02:55

Imported LPG margins at ports improve in early August

Beijing (JLC), August 13, 2025--Imported LPG margins for traders at China’s ports moved up in early August amid weaker costs.

08-13-2025 17:25:05

Fengbei Biotech gets approval in IPO review

Beijing (JLC), August 12, 2025—Suzhou Fengbei Biotechnology (Fengbei Biotech) has passed the initial public offering (IPO) review, according to the Listing Review Committee of SSE’s announcement.

08-12-2025 16:00:00

Sinopec Beihai takes delivery of 50,000-dwt terminal in Guangxi

Guangzhou (JLC), August 6, 2025--Sinopec Behai Refining & Chemical took delivery of its 50,000-dwt petrochemical terminal project on July 31, Guangxi Daily reported on August 2.

08-06-2025 17:41:26

Sinopec discovers first shale oil field in Sichuan Basin

Guangzhou (JLC), August 4, 2025--Sinopec has recently discovered geological reserves of about 20.10 million mt of oil and 12.35 billion cubic meters of natural gas in the Fuxing Oilfield in the Sichu

08-04-2025 18:27:09

China INE crude price dips on potential for more Venezuelan supply

Guangzhou (JLC), July 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid the possibility of more oil supply from Venezuela.

07-28-2025 18:52:12

China’s PDH unit operating rate moves down

Beijing (JLC), July 28, 2025--The overall operating rate of China’s PDH units slipped by 0.81 percentage points to 69.52% in the week ending July 24 (Thursday), JLC’s data showed.

07-28-2025 15:48:21

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

Domestic hydraulic oil gets first-time airworthiness approval

Guangzhou (JLC), July 17, 2025--A domestically-produced aviation hydraulic oil was approved for airworthiness recently, the first time in China, the Civil Aviation Administration of China (CAAC) said

07-17-2025 17:31:24

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

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

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

Crude stocks at Shandong ports rise further as unloading outpaces delivery

Guangzhou (JLC), July 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose further in early July when cargo unloading was still faster than outbound delivery.

07-03-2025 18:27:40

State-owned refiners to have much less unit maintenance in July

Guangzhou (JLC), June 30, 2025--State-owned oil refiners will have much less unit maintenance in July as more refineries come back online and no refinery is coming under maintenance.

06-30-2025 18:31:33

China's gasoline and diesel prices rise for five consecutive weeks

Guangzhou (JLC), June 27, 2025--China's wholesale gasoline and diesel prices continued to rise in late June, the fifth week in a row, supported by the expectation of higher retail ceilings and relati

06-27-2025 19:22:01

Trading volume of China INE crude futures soars to new high

Guangzhou (JLC), June 24, 2025--The trading volume of the crude futures on China's Shanghai International Energy Exchange (INE) surged to a new high on Tuesday, because of lingering concerns over pote

06-24-2025 18:45:24

PetroChina Jilin's No. 3 jet fuel gets airworthiness approval

Guangzhou (JLC), June 24, 2025--PetroChina Jilin Petrochemical's No. 3 jet fuel has been approved for airworthiness by the Civil Aviation Administration of China (CAAC), according to industry sources.

06-24-2025 18:26:54

China's fuel prices rise for four consecutive weeks

Guangzhou (JLC), June 20, 2025--China's wholesale gasoline and diesel prices rose again in the week ending June 20, the fourth week in a row, tracking a surge in crude prices.

06-20-2025 15:13:20

Sinopec Tianjin to invest in jet fuel transformation project

Guangzhou (JLC), June 17, 2025--Sinopec Tianjin Petrochemical plans to invest 40 million yuan in a jet fuel hydrogenation unit technological transformation project.

06-17-2025 19:04:55

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