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Sinopec’s net profit tumbles by 39.8% in H1 2025

Guangzhou (JLC), August 22, 2025--Sinopec recorded a plunge of 39.8% in its net profit for the first half (H1) of this year, according to its semi-annual report for 2025.

08-22-2025 18:48:24

China INE crude price rebounds on large US crude stock draw

Guangzhou (JLC), August 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) recouped some losses on Thursday after data showed a larger-than-expected crude inv

08-21-2025 18:37:54

China INE crude price slides again on bearish IEA report

Guangzhou (JLC), August 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Thursday following the release of a bearish report by the Intern

08-14-2025 18:39:01

China INE crude price dips on US crude stock build

Guangzhou (JLC), August 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday after data showed a crude inventory build in the United Stat

08-13-2025 19:02:23

Shandong independents' run rates rebound on unit restart

Guangzhou (JLC), August 13, 2025--Shandong independent refiners' operating rates rebounded in the week to August 13, following the restart of a refinery in Dongying.

08-13-2025 19:00:00

China INE crude price stabilizes on mixed factors

Guangzhou (JLC), August 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was roughly stable on Thursday, supported by a draw in the US crude inventories, but

08-07-2025 18:46:48

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 rises on possible US-EU trade deal

Guangzhou (JLC), July 25, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) gained some ground on Friday, supported by optimism over a potential trade agreement

07-25-2025 19:04:43

State-owned refinery run rates stable on week

Guangzhou (JLC), July 25, 2025--Chinese state-owned oil refineries' run rates held steady in the week ending July 23, with no new unit maintenance or restart occurring.

07-25-2025 17:35:05

China INE crude price stabilizes on mixed factors

Guangzhou (JLC), July 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was largely steady on Thursday, supported by drawdowns in the US crude and gasoline s

07-24-2025 19:08:43

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), July 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending July 24, as unloading outpaced outbound delivery.

07-24-2025 18:46:22

Dongying Port sees completion of two 250,000-dwt SPM crude berths

Guangzhou (JLC), July 24, 2025--The construction of two 250,000-dwt single point mooring (SPM) crude berths in Dongying Port was completed ahead of schedule, Dongying Port Economic Develop Area said.

07-24-2025 18:39:39

CNOOC begins production at Kenli 10-2 oilfield (Phase I)

Guangzhou (JLC), July 23, 2025--State-owned China National Offshore Oil Corporation (CNOOC) announced on July 22 the commencement of production at Phase I of the Kenli 10-2 oilfield cluster developmen

07-23-2025 15:55:30

China hikes crude imports from Saudi Arabia and Malaysia in June

Guangzhou (JLC), July 21, 2025--China boosted its crude imports from Saudi Arabia and Malaysia sharply in June 2025, according to data from the General Administration of Customs of the PRC (GACC).

07-21-2025 16:06:28

China INE crude price slips further on large US product stock builds

Guangzhou (JLC), July 17, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Thursday as large product inventory builds in the United States ra

07-17-2025 19:12:08

China INE crude price drops on surprise US crude stock build

Guangzhou (JLC), July 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Wednesday due to an unexpected crude inventory build in the United St

07-16-2025 19:05:48

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

Chinese refiners’ crude runs rebound sharply amid less maintenance in June

Guangzhou (JLC), July 15, 2025--Chinese oil refiners raised their crude runs sharply in June 2025, as their unit maintenance dropped and fuel demand was growing in summer.

07-15-2025 14:42:33

China's oil product exports rebound on month in June

Guangzhou (JLC), July 14, 2025--Chinese oil companies' oil product exports rebounded month on month in June 2025, according to the preliminary data released by the General Administration of Customs of

07-14-2025 15:27:30

China INE crude price climbs further on Middle East tensions

Guangzhou (JLC), July 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Thursday, still supported by geopolitical tensions in the Middle

07-10-2025 18:06:38

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