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State-owned refinery run rates dip on maintenance

Guangzhou (JLC), September 25, 2025--Chinese state-owned oil refineries' run rates retreated in the week ending September 24 (Wednesday) due to unit maintenance.

09-25-2025 14:54:35

Independents see lower crude refining margins in late Sept

Guangzhou (JLC), September 25, 2025--Shandong-based independent refiners saw lower refining margins for imported crude in late September, as their sales revenue continued to decrease.

09-25-2025 13:45:55

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

Independents' refining margins for imported crude retreat

Guangzhou (JLC), September 18, 2025--Shandong-based independents' refining margins for imported crude retreated in mid-September, due to a rally in crude costs, despite slightly higher sales revenue.

09-18-2025 11:07:07

PetroChina Guangdong hits 50-mln-mt mark in crude runs

Guangzhou (JLC), September 17, 2025--PetroChina Guangdong Petrochemical has processed more than 50 million mt of crude oil since it began operation in early 2023.

09-17-2025 18:29:45

Independents' crude refining margins surge amid lower costs

Guangzhou (JLC), September 11, 2025--Shandong-based independents' refining margins for imported crude surged in the week ending September 10, because of falling crude costs, despite slightly lower sal

09-11-2025 16:47:22

Independents see lower crude refining margins in early Sept

Guangzhou (JLC), September 3, 2025--Shandong-based independent refiners saw a further decline in their crude refining margins in early September, because of lower sales revenue and slightly higher cr

09-03-2025 18:52:08

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

Independents' crude refining margins retreat in late Aug

Guangzhou (JLC), August 28, 2025--Shandong-based independents' refining margins for imported crude retreated in late August, due to a rally in crude costs and a decline in sales revenue.

08-28-2025 11:38:28

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

State-owned refinery run rates edge down on more maintenance

Guangzhou (JLC), August 21, 2025--Chinese state-owned oil refineries' run rates fell slightly in the week ending August 20 (Wednesday), after two more refineries started maintenance.

08-21-2025 14:33:32

China records much lower crude imports from Malaysia in July

Guangzhou (JLC), August 20, 2025--China tallied a plunge in its crude imports from Malaysia in July 2025, according to data from the General Administration of Customs of the PRC (GACC).

08-20-2025 13:57:14

Independents' refining margins for imported crude surge

Guangzhou (JLC), August 14, 2025--Shandong-based independents' refining margins for imported crude surged in mid-August, because of a sharp fall in crude costs, despite a moderate slip in their sales

08-14-2025 14:57:52

Independents find lower refining margins for imported crude

Guangzhou (JLC), August 7, 2025--Shandong-based independents found lower refining margins for imported crude in early August, as crude costs climbed further and their sales revenue went lower.

08-07-2025 18:25:06

Shandong independents' run rates retreat on maintenance

Guangzhou (JLC), August 6, 2025--Shandong independent refiners' operating rates retreated in the week to August 6, mainly due to Dongming Petrochemical’s refinery overhaul.

08-06-2025 19:16:54

Shandong independents' run rates up as restarts counter maintenance

Guangzhou (JLC), July 30, 2025--Shandong independent refiners' operating rates extended rises in the week to July 30 when Haike Ruilin Chemical ratcheted up its throughput after coming back online.

07-30-2025 19:04:27

Independents' crude refining margins weaken in late July

Guangzhou (JLC), July 30, 2025--Shandong-based independents' refining margins for imported crude weakened in late July, due to higher crude costs and lower sales revenue.

07-30-2025 18:50:46

Independents' refining margins for imported crude rally

Guangzhou (JLC), July 24, 2025--Shandong-based independents' refining margins for imported crude rallied modestly in mid-to-late July, boosted by a slip in crude costs.

07-24-2025 13:52:22

China INE crude price retreats on growing demand concerns

Guangzhou (JLC), July 22, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday due to a lack of progress in trade talks between the United Stat

07-22-2025 18:40:42

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

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