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Teapot Refiners
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Chinese Independent Refiners Step up Gasoil
Feb 21, 2016China's independent refiners nearly doubled their gasoil and gasoline production in January and output is expected to remain at high levels going forward as they maintain strong run rates, set up reformers, and continue to process light ...
Tags: independent refiners, gasoline
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China Teapot Refineries Apply for Crude Quotas
Jan 3, 2016Four more Chinese independent teapot refineries, with a total capacity of 15.6 million mt/year, have joined others in applying to the National Development and Reform Commission to process around 14.47 million mt/year of imported crudes, the ...
Tags: teapot refineries, teapot
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Shandong Teapot Refiners to Ramp up Crude Imports
Nov 23, 2015Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...
Tags: Teapot Refiners, crude oil
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China Bitumen Blend Demand Continues to Ease
Nov 7, 2015Demand for imported crude, petroleum bitumen blend and straight-run fuel oil by independent teapot refineries in China's eastern Shandong province was relatively weak over this week, given narrowing refining margins on lower oil prices in ...
Tags: crude, petroleum bitumen, fuel oil
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China: Little Interest Seen for Russian Tender
Sep 12, 2015China's independent teapot refiners are showing little interest in participating in Russian M100 tenders that are set to be issued in late September or early October, market sources said Thursday. Only two 40,000 mt cargoes of Russian ...
Tags: Teapot Refineries, Refineries
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China Turns Net Oil Product Exporter Over Jan-Nov
Dec 9, 2014China's crude oil imports rose 8% year on year to 25.41 million mt in November, or an average 6.21 million b/d, preliminary General Administration of Customs data released Monday, December 8, showed. The volume was also up 8.9% month on ...
Tags: Oil Product, Crude Oil
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China's Crude Oil Imports in September Rose 7.4%
Oct 13, 2014China's crude oil imports in September rose 7.4% year on year to 27.58 million mt or an average 6.74 million b/d, the second highest on record, preliminary data released Monday by the General Administration of Customs showed. Crude ...
Tags: Crude Oil, Oil Products
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Chinese Apparent Oil Demand in August Increased 3.7%
Oct 13, 2014Platts’ analysis shows apparent oil demand in August was 41.19 million metric tons (mt), or an average 9.74 million barrels per day (b/d) — an increase of 3.7% year over year. This growth came despite a slew of bearish economic ...
Tags: Oil Demand
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China Oil Demand Rose 2.7% in June Versus a Year Ago
Aug 1, 2014China's apparent oil demand* in June turned directions from May and climbed 2.7% versus the same month a year ago to 41.94 million metric tons (mt) or an average 10.25 million barrels per day (b/d), according to a just-released Platts ...
Tags: Metallurgy, Mineral, Energy, Oil
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A JYD Survey of 36 of The Refineries Found They Consumed 5.14 Million Mt of Merey Crude
Feb 24, 2014China's recent move to digitally tag fuel cargoes to clamp down on the widespread practice of declaring crude purchases as fuel oil to evade taxes is already seen to be curbing demand for heavy Venezuelan Merey crude from teapot refiners in ...
Tags: Curbing Demand, Tax Change
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China's Independent Teapot Refineries in Shandong Province Expanded Their Capacities
Nov 5, 2013China's independent teapot refineries in eastern Shandong province have significantly expanded their capacities in the last few years ahead of an end-2013 deadline set by the government to eliminate smaller plants. In an effort to cool ...
Tags: Teapot, Fuel Oil, Refineries
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China's Fuel Oil Imports in August Fell to a Near Five-Year Low of 1.17 Million Mt
Sep 29, 2013China's fuel oil imports in August fell to a near five-year low of 1.17 million mt amid continued weak demand from both the bunker market and independent teapot refiners, according to data released late Monday by the General Administration ...
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a Little Change to China's Crude Import Rules Will Impact on Asia's Fuel Oil Market
Dec 6, 2012A little heralded change to China's crude import rules may have a much greater impact on Asia's fuel oil market next year further depressing margins for the residue. Industry sources said that China National Chemical Corporation may be ...
Tags: teapot, PetroChina, Sinopec, CNOOC, fuel