Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a ...

Saudi Arabia is set to significantly reduce crude oil shipments to China in April due to planned refinery maintenance, ...

Chinese state-owned oil and gas giant China Petrochemical Corporation, commonly known as Sinopec, entered into an agreement ...

Sinopec has certified 1.3 billion barrels of new shale oil reserves in eastern China, despite the challenges of deep ...

The order isn’t necessarily surprising — top refiner Sinopec Group said earlier in the week that consumption of both diesel and gasoline has peaked, leaving petrochemicals as the major growth ...

January 22, 2025 Sri Lanka agrees with China's Sinopec to fast-track $3.7 billion refinery Sri Lanka's foreign minister said on Wednesday that the South Asian island nation had signed an agreement ...

Similarly, refining giant Sinopec Corp will eventually be compelled to close older fuel-centric plants in eastern provinces where electric vehicle penetration is higher, said FGE's Geng and a ...

China’s Sinopec International Energy has secured a production sharing contract (PSC) covering the Hassi Berkane North licence in Algeria and will plough $850 million into exploration and ...

The aim of the partnership is to carry out a program of minimum research and appraisal work to develop hydrocarbons in the Hassi Berkane North perimeter. Sonatrach and Sinopec International Energy ...

China’s pushing its oil refiners to reduce fuel output, raising new questions about demand in the largest importing nation ...