Oil tankers transiting Strait of Hormuz since start of Iran warOil tankers from various nations are successfully passing through the Strait of Hormuz. These vessels are carrying vital oil and gas suppli...
Iran war pushes Asia to think twice before doubling down on LNGA Middle East conflict has disrupted global liquefied natural gas supply. This has caused prices to surge, impacting Asian nations heavily ...
Oil tankers transiting Strait of Hormuz since start of Iran warOil tankers are successfully transiting the Strait of Hormuz. Vessels from various nations are carrying crude oil and refined products to d...
Sri Lanka, China agree to fast-track Sinopec's $3.7 billion refinery in HambantotaChina's Sinopec and Sri Lanka will work to resolve land, tax and water issues within a month, Foreign Minister Vijitha Herath told reporter...
China enters Sri Lanka's domestic fuel marketThe agreement makes China's Sinopec the first newcomer in the Sri Lankan market in 20 years, and follows months of fuel rationing triggered...
China expresses interest to build an oil refinery in Sri Lanka’s Hambantota PortOn Monday, Sri Lankan President Ranil Wickremesinghe met a delegation from Chinese state-owned oil company Sinopec to discuss the construct...
Sinopec plans to spend $4.6 billion on hydrogen energy by 2025Asia's biggest oil refiner said on Monday it plans to become China's largest company to produce hydrogen for use as a transportation fuel, ...
Sinopec aims for carbon neutrality by 2050, plans pivot to hydrogenAs China's largest hydrogen producer, Sinopec will focus on fossil fuel-based hydrogen production over the next five years and also start i...
Chinese company fly plane using new biofuelSinopec has successfully flown a plane using a newly developed variant of biofuel made from palm oil and recycled cooking oil.
- China's Sinopec reports $3.89 billion loss in first half of the year
China's Sinopec said that its net profits for the first half of the year dropped 40.5% year-on-year to 24.5 billion yuan ($3.89 billion), t...
- Chinese oil firm completes acquisition of US shale gas blocks
China Petrochemical Corp. said it has completed the acquisition of one-third of the equity of Devon Energy Corp's five shale gas assets.
- Sinopec buys Addax for $7.2 billion
China's Sinopec has agreed to purchase oil exploration firm Addax Petroleum for $7.2 billion in the largest ever Chinese offshore acquisiti...
- Sinopec sees lower H1 profit on soaring crude prices
Sinopec Corp estimated its net profit to fall by more than 50 pc in the first half of the year.
- Chinese oil giant reports sharp dip in first quarter profits
China's largest oil refiner, Sinopec, has reported a sharp drop of 65.78 per cent in its net profits in the first quarter over the correspo...
- China's Sinopec in chemical joint venture with DuPont unit
China Petroleum & Chemical Corp., or Sinopec, has formed a chemicals joint venture with a unit of U.S. company DuPont Co., it said Friday.
- Sinopec delays refinery; Saudi supply in doubt
Sinopec Group will delay the start-up of a $1.2 billion refinery in east China by at least nine months, adding uncertainties to a joint-ven...
- IOC, Sinopec ink MoU
Indian Oil Corporation (IOC) has signed an MoU with Chinese oil major Sinopec to collaborate in refining, petrochemicals and oil and gas ex...