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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

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

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

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

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

China INE crude price extends gains on cooling US inflation

Guangzhou (JLC), May 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday after data showed slowing inflation in the United State

05-14-2025 19:02:04

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

Guangzhou (JLC), May 14, 2025--Shandong independent refiners' operating rates extended drops in the middle of May, the seventh week in a row, due to more unit maintenance.

05-14-2025 18:27:33

Feedstock unloading for Shandong independents retreats in April

Guangzhou (JLC), May 9, 2025--Shandong-based independent refiners saw a slowdown in their unloading of imported feedstock in April, after a surge in March.

05-09-2025 15:26:14

China INE crude price retreats on growing economic uncertainty

Guangzhou (JLC), May 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday amid growing uncertainty about the economic outlook.

05-08-2025 18:54:20

Crude stocks at Shandong ports rise to five-week high

Guangzhou (JLC), May 8, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose further to a five-week high in early May, because of large cargo arrivals and slower consumption.

05-08-2025 18:45:28

Independents’ crude refining margins surge as costs plunge

Guangzhou (JLC), May 7, 2025--Shandong-based independents saw a surge in their crude refining margins in early May, thanks to a plunge in crude costs, despite a decline in sales revenue.

05-07-2025 18:44:41

Shandong independents' run rates extend drops on maintenance

Guangzhou (JLC), May 7, 2025--Shandong independent refiners' operating rates extended drops in early May, the sixth week in a row, due to more unit maintenance.

05-07-2025 18:25:01

Crude stocks at Shandong ports rally on slower consumption

Guangzhou (JLC), May 2, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in late April, as local independent refiners’ consumption slowed down.

05-02-2025 17:42:50

Independents’ refining margins for imported crude slide

Guangzhou (JLC), April 30, 2025--Shandong-based independents’ refining margins for imported crude slid in the week to April 30, because of a fall in their sales revenue.

04-30-2025 19:07:43

Shandong independents' run rates slip for fifth week in a row

Guangzhou (JLC), April 30, 2025--Shandong independent refiners' operating rates fell for the fifth consecutive week in the week ending April 30, JLC’s data shows.

04-30-2025 18:22:24

Liaodong Bay’s oil and gas output sets record high in Q1

Guangzhou (JLC), April 29, 2025--Oilfields in Liaodong Bay of the Bohai Sea produced over 3.20 million mt of oil and gas in the first quarter of this year, hitting a historical high, CNOOC reported o

04-29-2025 15:34:27

China INE crude price range-bound on mixed factors

Guangzhou (JLC), April 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was little changed on Monday due to mixed factors.

04-28-2025 18:53:59

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