Key Chinese Ports Ban Oil Tankers Sanctioned by the U.S.
14 hours ago · Shandong Port Group, operator of key oil ports used by China’s independent refiners, has prohibited access and services to tankers sanctioned by the U.S. Treasury, a move that could curb Chinese ...
Exclusive: China's Shandong Port, entry point for most sanctioned oil …
19 hours ago · The province imported about 1.74 million barrels per day (bpd) of oil from Iran, Russia and Venezuela last year, accounting for about 17% of China's imports, ship tracking data from Kpler showed.
China's Shandong Port, Entry Point for Most Sanctioned Oil, Bans …
19 hours ago · The province imported about 1.74 million barrels per day (bpd) of oil from Iran, Russia and Venezuela last year, accounting for about 17% of China's imports, ship tracking data from Kpler showed.
Major Chinese port group bans US-sanctioned tankers from its …
15 hours ago · Move is expected to slow imports of oil to independent refiners. Clarksons Securities said SPG oversees key ports on China’s east coast, including Qingdao, Rizhao and Yantai, “which are ...
China's Shandong Port bans US-sanctioned oil vessels, impacting …
11 hours ago · China's Shandong Port Group has banned U.S.-sanctioned oil vessels from its ports, following new U.S. sanctions on Iranian oil. China's Shandong Port Group issued a notice on Monday banning U.S ...
Asia's crude oil imports drop in 2024 as weak China weighs
2 days ago · The world's top importing region saw arrivals of 26.51 million barrels per day (bpd) in 2024, down 1.4% from the 26.88 million bpd in 2023, according to data compiled by LSEG Oil Research.
China issues extra crude oil import quota to independent …
Nov 25, 2024 · China has issued an additional crude oil import quota of at least 5.84 million metric tons (116,800 barrels per day) to independent refiners for cargoes arriving by end-2024 and in early...
China Oil Refineries Face Reckoning as Beijing Tackles Overcapacity
2 days ago · (Bloomberg) -- China’s independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on becomes a lot scarcer. Over a fifth of the country’s oil refining is handled by smaller, privately owned outfits, many of them housed in the eastern province of Shandong.
China Issues Second Batch of Crude Oil Import Quotas
Dec 30, 2024 · China has just given a potential boost to its crude oil imports as it has issued a second batch of import quotas for 2025 to its independent refiners, trade sources told Reuters on Monday. Unlike ...
China's Slowing Oil Demand Growth Is Likely to Persist and Could …
Nov 13, 2024 · China’s oil demand is growing more slowly because of rising sales of new energy vehicles (NEVs)—a category that includes battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles—China’s high-speed rail (HSR) network, and a …