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crude import
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Beijing Expected to End Oil Product Export Quotas
Dec 7, 2016China's independent refineries likely have to rely on state-owned trading companies to export oil products in 2017 as Beijing is likely to stop awarding them quotas to export directly, informed sources said Friday. "It [stopping awarding ...
Tags: Oil Product, Refiners
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China's Non-State Crude Import Quota Unchanged
Dec 4, 2016China's Ministry of Commerce announced on Thursday that the quota for non-state crude oil imports will stay unchanged at 87.6 million tonnes for 2017. The volume is equivalent to around 26 percent of China's crude imports last year. ...
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China to Grant Crude Import Licenses to Refineries
Jan 26, 2016China's Ministry of Commerce plans to grant crude import licenses to four independent teapot refineries in eastern Shandong province, namely Huifeng Petrochemical, Chambroad Petrochemical, Tianhong Petrochemical and Luqing Petrochemical, ...
Tags: crude import, teapot refineries
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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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Japan Petroleum Exploration Will Start Drilling First Horizontal Shale Exploration Well
May 15, 2014Japan Petroleum Exploration plans to start drilling Japan's first horizontal shale exploration well at its onshore Fukumezawa oil field in Akita prefecture in the northwest for about one month from May 22, a company official said Tuesday. ...
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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 National Energy Administration to Award More Crude Import Quotas
Oct 30, 2013China's National Energy Administration is seeking recommendations and consulting the refining sector on a proposal to award more crude import quotas in the country. In a report on Friday, Chinese newspaper 21st Century Business Herald ...
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China Sets The 2014 Crude Oil Import Quota for Non State-Owned Companies
Oct 15, 2013China has set the 2014 crude oil import quota for non state-owned companies at 29.1 million mt (about 582,000 b/d), unchanged from this year, the Ministry of Commerce said Friday. Companies wishing to apply for crude import licenses ...
Tags: Non State-Owned Crude
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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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China's Fuel Oil Imports in July Were Flat From a Year Earlier,at 1.87 Million Mt
Aug 29, 2013China's fuel oil imports in July were flat from a year earlier, at 1.87 million mt, amid sustained weak demand for the fuel, detailed data released last week by the General Administration of Customs showed. The volumes refer to the fuel ...
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China's National Development and Reform Commission Will Not Adjust The Regulated Prices
Apr 15, 2013China's National Development and Reform Commission will not adjust the regulated prices of gasoline and diesel in what would have been the first such exercise following the new pricing mechanism introduced late last month, the NDRC said ...
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Japan's Largest Refiner JX Nippon Oil & Energy Has Cut 'Slightly' Its Crude Imports
Jan 9, 2013Japan's largest refiner JX Nippon Oil & Energy has cut "slightly" its crude imports from Iran under a renewed annual contract beyond January 2013, company chairman Yasushi Kimura told Platts Monday. Speaking on the sidelines of a New Year ...
Tags: Japan, JX, crude imports, Iran