Crude Oil News in China

China's May Oil Output Lowest on Record
6/14/2017 - China's crude oil production fell to its lowest on record in May, even as refineries in the world's top buyer of crude churned out product at their fastest pace in nearly two years, data showed on Wed...
China's Teapot Refiners Set to Slow Crude Imports as Tanks Overflow
5/26/2017 - As OPEC extends production cuts in a bid to tighten the oil market, China's independent refiners - awash with crude and facing disappointing local demand - are poised to slow purchases of oil for at l...
China Sets Deadline for Refiners to Apply for Oil Import Permits
4/27/2017 - China's top state planner will stop accepting new applications from oil refiners to use imported crude oil from May 5, it said on Thursday, amid growing concerns about domestic refining overcapacity t...
Petrochina's Head Of Crude Oil Trading Resigns, Replaced By Deputy
3/22/2017 - The head of crude oil trading at Chinese state energy giant PetroChina has resigned after 20 years with the company, a rare departure from a state-owned enterprise known for retaining talent in the mi...
Sinopec Starts Operation Of Crude Oil Pipeline In South China
3/14/2017 - China Petroleum and Chemical Corp has started operating a major crude oil pipeline that connects eastern Jiangsu province with refineries in south China, the company said in a statement. The pipeline,...
China's Largest 'Teapot' Refiner, CEFC Team Up In Oil Terminal Venture
3/3/2017 - Dongming Petrochemical, China's largest independent or 'teapot' refiner, has signed a deal with privately run CEFC China Energy and a local port authority to build a crude oil terminal in Shandong pro...
Saudi Aramco Inks First Oil Contract With China's Huajin
2/13/2017 - State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply crude in 2017, two sources with knowledge of the matter said on Monday...
China Company Signs MOU with BP on Caribbean Oil Project
11/9/2016 - Commodity trader Guangdong Zhenrong Energy Co. Ltd has signed a memorandum of understanding with BP Plc for commercial cooperation on an oil refinery in the Caribbean, according to a senior executive ...
China September Crude Output in Second-Biggest Decline on Record
10/19/2016 - China's crude oil production fell 9.8 percent in September from a year earlier, marking the second-biggest year-on-year decline on record, government data showed, as major producers shut high-cost wel...
China to Grant Four Non-major Crude Oil Refineries Import Licences
1/25/2016 - China is set to grant another four non-major oil refineries licences to import crude, the country's commerce ministry said. ...
China Dongying Qirun Refinery Receives 2.2 Mln T Crude Import Quota
1/15/2016 - China's state planning agency has granted a 2.2 million tonne per annum crude import quota to the independent Dongying Qirun Chemical refinery in Shandong province, it said. ...
Oil Workers Share Experiences on Crude Oil Production and Recovery in Beijing
10/24/2015 - A delegation of experts in production and improved crude recovery of Petroleos de Venezuela SA (PDVSA) visited the headquarters of the Research Institute of Petroleum Exploration and Development (RIPE...
China to Grant 6.16M T Annual Crude Oil Import Quota to Ningxia Refiner
8/3/2015 - China has given a preliminary go-ahead for the independent Ningxia-based refiner Baota Petrochemical Group to get an annual crude import quota of 6.16 million tonnes, or 123,200 barrels per day, the c...
China's CNPC Signs Contract to Build Second Pipeline for Russian Crude
6/26/2015 - Chinese state energy giant China National Petroleum Corporation has signed a construction contract for a second domestic pipeline to carry Russian crude oil from Mohe to Daqing, a company-run newspape...
China Wants to Start Direct Negotiations with OPEC
12/4/2006 - China wants to start direct negotiations with the Organization of Petroleum Exporting Countries to secure a stable oil supply and an equitable share of the oil market, a top official said here Monday,...

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