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REFINERY NEWS ROUNDUP: Plants in China raise runs | Hellenic Shipping News Worldwide

The average utilization rate at China’s four state-owned refiners rebounded by two percentage points to 82.6% in November, from a five-month low of 80.6% in October, while independent refiners also raised run rates with refining margins remaining good. The four state oil companies Sinopec, PetroChina, CNOOC and Sinochem planned to process a total . ....

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Asia's SPR release lacks tenacity as some seek other options to tame oil inflation

Asia’s major oil consuming nations have decided to release crude oil from their respective strategic petroleum reserves in coordinated efforts with the US to ease the price burden on Asia Pacific consumers, but some of the top Asian economies believe there are more effective ways to tame consumer inflation such as lowering fuel taxes. India, . ....

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China's plants cut runs; demand in Japan set to rise | Hellenic Shipping News Worldwide

The average utilization rate of China’s four state-owned refiners fell from 84% in August to 82% in September, while independent refiners also cut run rates by two percentage points. As a result, the country’s crude throughput is likely to fall further from the 15-month low of 58.35 million mt in August, data from the National . ....

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REFINERY NEWS ROUNDUP: China's state-run refiners lift Aug runs | Hellenic Shipping News Worldwide

China’s four oil giants lifted their average utilization rate to a 19-month high of 84% in August as plants returned from maintenance, in line with the expectation that the state-run refineries would compensate for the throughput cut by their independent peers. While independent refineries were expected to cut utilization rate in the second half of . ....

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REFINERY NEWS ROUNDUP: China's July oil product exports fall on quota shortages

REFINERY NEWS ROUNDUP: China's July oil product exports fall on quota shortages
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