Energy report, Chemical report,News & Commentary, Market Price, JLC database

China's largest SAF project comes under construction

Guangzhou (JLC), October 11, 2024--China’s largest sustainable aviation fuel (SAF) project, with a production capacity of 600,000 mt/yr, came under construction in Henan province on October 8.

10-11-2024 18:36:51

CNOOC starts building China's largest underground commercial oil storage

Guangzhou (JLC), December 12, 2023 – CNOOC began constructing China’s largest underground commercial oil storage facility on December 9, the state-owned oil and gas giant said on December 11.

12-12-2023 17:44:42

China INE crude price stable after underwhelming OPEC+ cuts

Guangzhou (JLC), December 1, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) was roughly stable on Friday.

12-01-2023 19:11:56

LPG safety comes under the spotlight after blast kills 31

Guangzhou (JLC), June 25, 2023 – Thirty-one people died and seven others were injured after an explosion caused by the leakage of an LPG cylinder in a restaurant on Wednesday night in Yinchuan.

06-25-2023 16:20:35

Liaohe Petchem provides asphalt for Dalian Bay Undersea Tunnel

Guangzhou (JLC), March 22, 2023--PetroChina Liaohe Petchem had shipped 800 mt of its "Kunlun Huanxiling" asphalt to Dalian up until Mar 16, for the construction of the Dalian Bay Undersea Tunnel.

03-22-2023 17:52:56

Sinopec Jingmen Petrochemical undergoing biggest turnaround since establishment

Guangzhou (JLC), November 8, 2022--Sinopec Jingmen Petrochemical in Hubei province is carrying out the biggest refinery turnaround since the establishment of the refinery 52 years ago.

11-08-2022 17:23:47

China INE crude price extends gains on OPEC+’s underproduction

Guangzhou (JLC), July 11, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) climbed further Monday on OPEC+’s underproduction, but was capped by demand concerns.

07-11-2022 18:56:47

Shandong independents' refining margins stay negative under cost pressure

Guangzhou (JLC), Jun 15, 2022--Shandong-based independent refiners’ refining margins were still negative on high costs this week when crude prices recorded another uptick due to supply concerns.

06-15-2022 20:00:38

China to keep refining capacity under 20 mln bbl/day by 2025

Guangzhou (JLC), November 9, 2021--China aims for a crude oil refining capacity of no more than 1.0 bln mt/yr (20 mln barrels per day) by 2025, according to a recent document released by the State Council.

11-09-2021 18:02:27

Shandong independents cut runs under power rationing

Beijing (JLC), September 26, 2021--Independent refiners in East China’s Shandong have cut their crude runs recently under power restrictions and environmental protection checks.

09-26-2021 16:44:15

Sinopec adds first hydrogen refueling station with underground well

Beijing (JLC), August 24, 2021--China’s Sinopec announced Monday the completion of the construction of its first hydrogen refueling station in southwestern Chongqing city, also the first station with underground storage well in China.

08-24-2021 16:47:14

First PDH unit in NE China comes under construction

Beijing (JLC), October 22, 2020--Liaoning Bora New Material Co., Ltd, a wholly-owned subsidiary of Liaoning Bora Group, launched on October 14 the construction ceremony of its 600,000 mt/yr propane dehydrogenation (PDH) unit, the first PDH unit in northeast China.

10-22-2020 17:57:48

China re-export more Omani crude under INE warehouse warrant

Beijing (JLC), August 27, 2020—China re-exported another cargo of Omani crude under the warehouse warrant by the Shanghai International Energy Exchange (INE).

08-27-2020 17:25:09

Ningbo supplies first batch of fuel oil under VAT refund

Ningbo's first batch of bonded low-sulfur fuel, amounting to 4,000 mt, was filled into the ship tanks on April 17, while Ningbo customs supervised.

04-21-2020 16:02:06

Shandong ships first batch of bunker fuel oil under export tax rebate

Beijing (JLC), February 24, 2020--Sinopec Qingdao Petrochemical in Shandong had 7,526 mt of bunker fuel oil going through Qingdao customs on February 21, before delivering this batch of fuel to the bonded warehouse in Longkou of Shandong, according to sources from Qingdao customs.

02-24-2020 14:35:41

China C5 market mixed under new virus

Beijing (JLC), February 3, 2020--The Chinese C5 market was mixed under a newly identified form of coronavirus that had infected hundreds of people in China.

02-03-2020 19:34:19

China's oil product prices under pressure

Beijing (JLC), May 7, 2019--China's oil product prices went down due to the surplus of supply, and lower global crude prices, JLC data shows.

05-08-2019 17:23:21

Multiple refining, chemical projects under construction in Daqing

Beijing (JLC), April 23, 2019--Multiple refining and chemical projects are under construction now in Daqing, expected to finish in coming years.

04-23-2019 10:47:56

Chinese refiners to undergo restructuring under NDRC’s guidance

Beijing (JLC), April 17, 2019--Chinese oil refiners will undergo supply-side structural reform under the 2019 Industry Structure Adjustment Guidance List (2019 Draft) issued by National Development and Reform Commission on April 8.

04-16-2019 17:38:44

More alkylation units under maintenance

Beijing (JLC), March 11, 2019--Many refiners put their alkylation units under maintenance in the week ending March 8, mainly due to meager profits and falling alkylated gasoline demand.

03-11-2019 17:20:01

Login

Leading provider of market intelligence and pricing solutions for energy products and commodities in China