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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

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

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

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 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

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

Crude stocks at Shandong ports retreat from over 10-month high

Guangzhou (JLC), July 10, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending July 10, after hitting a new high in over 10 months in early July.

07-10-2025 18:38:36

China INE crude price rallies on easing worries over more OPEC+ supply

Guangzhou (JLC), July 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday as concerns over rising supply from OPEC+ eased.

07-08-2025 18:53:19

Crude stocks at Shandong ports rise further as unloading outpaces delivery

Guangzhou (JLC), July 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose further in early July when cargo unloading was still faster than outbound delivery.

07-03-2025 18:27:40

State-owned refiners to have much less unit maintenance in July

Guangzhou (JLC), June 30, 2025--State-owned oil refiners will have much less unit maintenance in July as more refineries come back online and no refinery is coming under maintenance.

06-30-2025 18:31:33

Trading volume of China INE crude futures soars to new high

Guangzhou (JLC), June 24, 2025--The trading volume of the crude futures on China's Shanghai International Energy Exchange (INE) surged to a new high on Tuesday, because of lingering concerns over pote

06-24-2025 18:45:24

Trading volume of China INE crude futures surges to new high

Guangzhou (JLC), June 17, 2025--The trading volume of the crude futures on China's Shanghai International Energy Exchange (INE) surged to a new high on Monday, because of supply concerns.

06-17-2025 11:49:32

Sinopec Zhongke tallies over 66 million mt of crude throughput

Guangzhou (JLC), June 16, 2025--Up until the end of May 2025, Sinopec Zhongke (Guangdong) Refinery & Petrochemical processed 66.85 million mt of crude oil since it began operation five years ago.

06-16-2025 18:29:31

INE crude price up on easing worries over China-U.S. trade tensions

Guangzhou (JLC), June 6, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday, as concerns over China-U.S. trade tensions eased after a phone ca

06-06-2025 18:52:37

China INE crude price rises amid concerns over Canadian supply

Guangzhou (JLC), June 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Wednesday, supported by supply disruptions due to wildfires in Canad

06-04-2025 19:00:05

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

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

INE crude price rallies on optimism over US-China trade talks

Guangzhou (JLC), May 9, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday amid optimism about upcoming trade negotiations between the United

05-09-2025 19:00:12

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

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