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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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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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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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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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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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Shandong-Based Independent Refiners' Gasoil and Gasoline Stocks Climbed
Dec 20, 2012Shandong-based independent refiners' gasoil and gasoline stocks climbed in the first half of December, because consumption was slow while production was still quite large amid high refinery operating rates, industry sources said. These ...
Tags: oil product stocks, Chemicals, stocks