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CNOOC makes major oil and gas discovery in Bohai Bay Basin

Guangzhou (JLC), September 30, 2025--CNOOC successfully drilled a high-yield well in the Paleogene lithologic reservoir of the Liaozhong Sag on September 29.

09-30-2025 13:55:01

Xintai Petrochemical takes delivery of two projects

Guangzhou (JLC), September 29, 2025--Xintai Petrochemical in Shandong took delivery of a 2.0 million mt/yr heavy oil hydrogenation project and a green low-carbon olefin integration project.

09-29-2025 17:37:49

PetroChina discovers 158 mln mt of new shale oil reserves in Daqing

Guangzhou (JLC), September 28, 2025--PetroChina has discovered 158.0 million mt of new shale oil reserves in the Gulong Shale Oil Field in Daqing, marking a breakthrough in the development of onshore

09-28-2025 18:54:09

Zhoushan's bonded bunkering volume sets new high in August

Guangzhou (JLC), September 26, 2025--Zhoushan's bonded bunkering volume reached a historical high of 770,000 mt in August 2025, Zhejiang Daily reported recently.

09-26-2025 18:40:43

Crude imports via Maoming SPM terminal hit new high

Guangzhou (JLC), September 19, 2025--So far in 2025, crude imports via a single point mooring (SPM) terminal at Maoming Port have exceeded 12 million mt, setting a historical high.

09-19-2025 18:55:34

China's fuel prices slip again, seventh week in a row

Guangzhou (JLC), September 19, 2025--China's wholesale gasoline and diesel prices slipped again in the week ending September 19, the seventh week in a row, due to a further increase in domestic suppl

09-19-2025 18:36:45

Yulin Refinery receives over 1 mln mt of imported crude

Guangzhou (JLC), September 16, 2025--Up until September 11, Shaanxi Yanchang Petroleum's Yulin Refinery had received and unloaded about 1.29 million mt of imported crude oil in 2025.

09-16-2025 19:12:42

Sinopec and Aramco inaugurate petrochemical venture in Fujian

Guangzhou (JLC), September 9, 2025--Sinopec, Saudi Aramco, and Fujian Province together announced the establishment of a petrochemical company at an inauguration ceremony on September 7, Sinopec said.

09-09-2025 18:20:55

Sinopec Guangzhou exports over 90,000 mt of asphalt in Jan-Aug

Guangzhou (JLC), September 9, 2025--Sinopec Guangzhou Petrochemical exported more than 90,000 mt of asphalt in the first eight months of this year, Sinopec said on its official news website on Septemb

09-09-2025 15:42:39

China's offshore heavy oil output from thermal recovery exceeds 5 mln mt

Guangzhou (JLC), September 2, 2025--China's cumulative output of offshore heavy oil thermal recovery has exceeded 5.00 million mt, becoming the world's first country to achieve large-scale thermal re

09-02-2025 18:45:43

China sees more LPG imports in July amid rebounded volume from US

Beijing (JLC), August 28, 2025—China’s LPG imports reached 3.36 million mt in July 2025, which grew by 26.94% month on month, data from GACC indicated.

08-28-2025 09:25:44

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

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