PetroChina is set to shut its largest domestic oil refinery around mid-2025, sources said, the country's first major closure ...

Chinese refiners are expected to reduce fuel output for the rest of the year and maintain lower run rates in the first ...

The closure is driven by overcapacity and declining fuel demand due to slower economic growth and rising vehicle ...

China's crude oil imports have declined for six consecutive months, raising concerns about the country's oil demand growth ...

China's crude oil imports fell 9% in October, a sixth consecutive monthly year-on-year decline as a plant closure at a state oil refinery adds to weaker demand from independent refiners.

According to SMM data, China's metallurgical-grade alumina production in October 2024 (31 days) increased by 2.93% MoM and was up 6.51% YoY.

Chinese refiner Sinopec reported a decline in third-quarter net profit and revenue on Monday.

China imported less crude oil in October as well. According to customs data, crude oil imports fell by 9% year-on-year to 44.7 million tons, or 10.5 million barrels per day, Commerzbank’s commodity ...

(Reuters) - Indian Oil Corp's Gujarat refinery operations were unaffected after a benzene storage tank caught fire, India's top refiner said in a statement. The fire occurred around 3:30 p.m IST on ...

It had already shut down 210,000bpd of capacity, beginning in October 2023. The Dalian plant accounts for 3% of China's total refinery capacity, and its closure is expected to reduce the country's ...

The PetroChina Dalian closure adds to the indefinite outage of Sinochem’s three Shandong-based plants, with combined capacity that makes up 3% of China’s national refinery output, after local ...