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BP inks long-term LNG deal with Zhejiang Energy

Guangzhou (JLC), May 23, 2025--BP and Zhejiang Provincial Energy Group (Zhejiang Energy) signed a long-term LNG sales and purchase agreement (SPA) on May 21, BP said on its WeChat platform on May 22.

05-23-2025 18:56:01

Yanchang to put Yulin crude tank farm into use in late June

Guangzhou (JLC), May 23, 2025--Shaanxi Yanchang Petroleum plans to put its Yulin crude oil tank farm into operation on June 20, the company said on its website recently.

05-23-2025 18:40:01

Crude stocks at Shandong ports largely stable

Guangzhou (JLC), May 23, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports became largely steady in the week ending May 22.

05-23-2025 13:49:33

PetroChina Guangxi to complete upgrade project by end of June

Guangzhou (JLC), May 22, 2025--PetroChina Guangxi Petrochemical plans to complete the construction of its refining-chemical integration and upgrade project by the end of June 2025.

05-22-2025 18:27:30

Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

CSSC delivers China’s largest PV and LNG dual-fuel PCTC

Shandong (JLC), May 22, 2025--On May 15, China's largest photovoltaic (PV) and liquefied natural gas (LNG) dual-fuel pure car and truck carrier (PCTC), YUAN HAI KOU, was delivered.

05-22-2025 09:19:41

Shandong independents' run rates drop for eight weeks in a row

Guangzhou (JLC), May 21, 2025--Shandong independent refiners' operating rates dropped again in the week ending May 21, the eighth week in a row, due to more unit maintenance.

05-21-2025 18:00:27

China’s LNG truck sales drop in April

Beijing (JLC), May 21, 2025--China sold 17,100 heavy-duty LNG trucks in April, down by 21% month on month and 35% year on year, according to data from market sources.

05-21-2025 16:00:06

Shandong sees a year-on-year surge in its April crude runs

Guangzhou (JLC), May 21, 2025--Shandong province saw a year-on-year surge in its refinery crude runs in April 2025, which could be ascribed to the startup of a new refinery.

05-21-2025 15:37:30

China’s SBS unit operating rate down in Apr

Shandong (JLC), May 21, 2025—In April, the operating rate of SBS producers was 58.89%, down 5.08% month on month but up 17.43% year on year.

05-21-2025 10:54:00

CPE market goes range-bound on sluggish demand

Shandong (JLC), May 20, 2025—In May, China’s chlorinated polyethylene (CPE) market moved relatively stable on the whole. But the transaction atmosphere remained bleak, weighed by lackluster downstream

05-20-2025 16:40:47

Urea prices swing driven by multiple factors

Shandong (JLC), May 20, 2025--Urea prices experienced significant fluctuations recently due to multiple drivers.

05-20-2025 15:52:26

China's styrene operating rates plummets on intensive production cuts

Shandong (JLC), May 20, 2025--China’s styrene monomer industry saw a significant decline in operating rates in April 2025, with output also shrinking accordingly.

05-20-2025 10:52:00

CURE Yingkou LNG terminal nears completion

Beijing (JLC), May 19, 2025--In early-May, CURE Yingkou LNG terminal project achieved 72.64% completion, according to local media.

05-19-2025 17:14:01

Guangzhou Gas LNG terminal receives first cargo in 2025

Beijing (JLC), May 19, 2025--Guangzhou Gas unloaded 60,000 mt of LNG at its Guangzhou terminal on May 14, marking its first cargo receipt in 2025, according to Guangzhou Daily.

05-19-2025 17:08:39

CNOOC Zhuhai terminal re-exports bonded LNG for the first time

Beijing (JLC), May 19, 2025--The world’s largest LNG bunkering barge HAI YANG SHI YOU 301 set sail for Yantian port in Shenzhen to re-export 3,525 mt of bonded LNG loaded at CNOOC Zhuhai LNG terminal.

05-19-2025 16:48:15

China to cut fuel ceilings on May 20

Guangzhou (JLC), May 19, 2025--China will mark down its retail ceilings of gasoline and diesel on May 20, 2025 (Tuesday), as international crude prices have dropped over the past 10 working days.

05-19-2025 13:55:25

Crude stocks at Shandong ports retreat from five-week high

Guangzhou (JLC), May 15, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports fell in the middle of May, as cargo unloading slowed down.

05-15-2025 19:07:52

Yanchang to complete construction of new crude oil tanks by Sept 2025

Guangzhou (JLC), May 15, 2025--Shaanxi Yanchang Petroleum plans to have the construction of its 1.0-million-cubic-meter (cbm) crude oil tank farm completed by September 2025.

05-15-2025 18:03:32

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

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