• 3 minutes Shale Oil Fiasco
  • 7 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 12 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 16 minutes Global Debt Worries. How Will This End?
  • 5 hours DUMB IT DOWN-IMPEACHMENT
  • 8 hours Greta named Time Magazine "Person of the Year"
  • 3 hours Everything you think you know about economics is WRONG!
  • 2 hours POTUS Trump signs the HK Bill
  • 2 hours Tories on course to win majority
  • 14 hours Forget The Hype, Aramco Shares May be Valued At Zero Next Year
  • 2 hours Winter Storms Hitting Continental US
  • 13 hours americavchina.com
  • 33 mins WTO is effectively neutered. Trump *already* won the trade war against China and WTO is helpless to intervene
  • 24 hours Can Renewable Natural Gas Compete With Diesel?
  • 14 hours Aramco Raises $25.6B in World's Biggest IPO
Oil Jumps As U.S. Offers To Cut Tariffs By 50%

Oil Jumps As U.S. Offers To Cut Tariffs By 50%

Oil prices rose on Thursday…

Why Exxon’s Stock Could Hit $100 In 2020

Why Exxon’s Stock Could Hit $100 In 2020

Oil and gas giant ExxonMobil…

JLC

JLC

JLC with headquarters located in Beijing, and branch offices in Shanghai, Shandong, Guangzhou and Singapore, is a leading provider of market intelligence and pricing solutions…

More Info

Chinese Oil Majors Refine Less Crude Due To ‘Maintenance Problems’

Refinery

Chinese state-owned refiners’ operating rates remained low in the first half of June, because of more refinery extended refinery maintenance, JLC data shows. This lull comes on the heels of a record breaking spring, in which Chinese refineries returned to record-high processing rates last month driven by the so-called teapots.

The operating rates averaged 74.90% on June 15, down by 1.86 percentage points from the end of May.

PetroChina Liaoyang Petrochemical in northeast China’s Liaoning province began a turnaround at its 180,000 bbl/day refinery on June 1, expecting to restart the refinery on July 10, according to a source from the company. In addition, PetroChina Harbin Petrochemical in northeast China’s Heilongjiang province started an overhaul at its 100,000 bbl/day refinery on June 12 and planned to complete maintenance on July 31, a source from the company said.

PetroChina Urumchi Petrochemical and Jinzhou Petrochemical are still carrying out maintenance that began in late April and early May. Lanzhou Petrochemical completed a turnaround at its 260,000 bbl/day refinery on June 15, but it has not brought this refinery back to normal operation yet.

Sinopec Qingdao Refining and Chemical Co continues its maintenance period at its 240,000 bbl/day refinery that started on May 25 and the Zhanjiang Dongxing Refinery in Guangdong is still undergoing an overhaul that was scheduled to last from May 20 to July 18.

Luoyang Petrochemical in Henan province is still in the process of restarting its 160,000 bbl/day refinery, after completing maintenance in the first half of June, a source from the company said.

By JLC International

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play