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Gas injection into Huabei Oilfield UGS cluster hits 2 bcm

Beijing (JLC), August 27, 2025--As of August 18, PetroChina had injected over 2 billion cubic meters (bcm) of natural gas into its Huabei Oilfield underground gas storage (UGS) cluster.

08-27-2025 10:44:14

China to cut fuel ceilings on August 27

Guangzhou (JLC), August 26, 2025--China will mark down its retail ceilings of gasoline and diesel on August 27, 2025 (Wednesday), as international crude prices have decreased over the past 10 working

08-26-2025 12:07:21

China's fuel prices inch lower amid expectations of lower retail ceilings

Guangzhou (JLC), August 22, 2025--China's wholesale gasoline and diesel prices inched lower in the week to August 22, due to expectations of lower fuel retail ceilings.

08-22-2025 19:00:49

Dagang Oilfield UGS cluster hits annual storage and withdrawal capacity of 3 bcm

Shandong (JLC), August 21, 2025--The annual storage and withdrawal capacity of Dagang oilfield underground gas storage (UGS) cluster reached over 3 billion cubic meters (bcm).

08-21-2025 18:11:28

Baimiao Shallow UGS facility comes online

Shandong (JLC), July 18, 2025--Sinopec started to inject natural gas into Baimiao Shallow underground gas storage (UGS) facility on July 15, marking the official operation of the UGS facility.

07-18-2025 18:03:58

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

China to hike fuel ceilings on July 2, third time in a row

Guangzhou (JLC), July 1, 2025--China will mark up its retail ceilings of gasoline and diesel again on July 2, 2025 (Wednesday), the third time in a row, as international crude prices have risen.

07-01-2025 16:25:02

PetroChina begins constructing Jiangsu LNG tank expansion project

Guangzhou (JLC), June 25, 2025--PetroChina began the construction of the Jiangsu LNG storage tank expansion project on June 24, China Daily reported on June 25.

06-25-2025 18:08:35

Wenjisang UGS cluster takes in over 300 mln cbm of gas this year

Shandong (JLC), June 19, 2025--PetroChina Tuha Oilfield Company injected more than 300 mln cbm (million cubic meters) of natural gas into Wenjisang underground gas storage (UGS) cluster this year.

06-19-2025 14:57:00

PetroChina injects over 20 bcm of gas into Xiangguosi UGS

Shandong (JLC), June 18, 2025--As of June 8, more than 20 bcm (billion cubic meters) of natural gas has been injected into the Xiangguosi underground gas storage (UGS) facility.

06-18-2025 16:21:35

China to hike fuel ceilings again on June 18

Guangzhou (JLC), June 17, 2025--China will raise its retail ceilings of gasoline and diesel again on June 18, 2025, as international crude prices have increased further over the past 10 working days.

06-17-2025 11:50:13

China to raise fuel ceilings on June 4

Guangzhou (JLC), June 3, 2025--China will mark up its retail ceilings of gasoline and diesel on June 4, 2025 (Wednesday), as international crude prices have rebounded over the past 10 working days.

06-03-2025 14:00:33

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

Domestic fuel prices fall as China slashes its retail ceilings

Guangzhou (JLC), April 18, 2025--China’s wholesale gasoline and diesel prices fell in the week ending April 18, as the country slashed its fuel retail ceilings in the wake of previous plunges in inte

04-18-2025 18:19:58

China to see year’s largest cut in fuel ceilings on April 18

Guangzhou (JLC), April 17, 2025--China will slash its retail ceilings of gasoline and diesel on April 18, 2025 (Friday), as international crude prices have plunged over the past 10 working days.

04-17-2025 14:13:28

China INE crude price extends gains after US oil rigs slide

Guangzhou (JLC), April 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday, supported by a drop in the US oil rig count and a rise

04-14-2025 19:01:04

China to hike fuel ceilings on April 3

Guangzhou (JLC), April 2, 2025--China will raise its retail ceilings of gasoline and diesel on April 3, 2025 (Thursday), as international crude prices have rebounded over the past 10 working days.

04-02-2025 11:52:11

Construction of Banshen 37 UGS facility started

Beijing (JLC), March 31, 2025--PetroChina Dagang Oilfield Company started drilling of Kuping 7-4 well at the Banshen 37 underground gas storage (UGS) on March 27, a market source said.

03-31-2025 15:51:46

Dagang oilfield UGS cluster supplies over 2 bcm of gas in heating season

Shandong (JLC), March 20, 2025--PetroChina withdrew over two billion cubic meters (bcm) of natural gas from its Dagang oilfield underground gas storage (UGS) cluster in the 2024-2025 heating season.

03-20-2025 18:18:23

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