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SINOPEC PETROLEUM
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
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...
China's new deal with Sri Lanka: Should it worry India?Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI. Sinopec's refinery d...
Sri Lanka to slap maximum retail price for fuelThe move of the Sri Lankan government comes ahead of the Chinese energy company that is set to enter the retail fuel market of the first ti...
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...
Qatar signs world's 'longest' gas supply deal with ChinaThe deal "marks the longest gas supply agreement in the history of the LNG industry", said Saad Sherida al-Kaabi, Qatar's energy minister a...
Mukesh Ambani's Reliance Industries breaks into top 100 global companiesThis is the highest any Indian company has been ranked on the Fortune Global 500 list. Reliance had broken into the top 100 in 2012 ranking...
Mainland China reports 16 new cases of novel coronavirus including 13 in XinjiangOf the new infections, 13 were found in Urumqi, the capital of China's far western region of Xinjiang. The other three, recorded in the sou...
- ONGC eyes energy blocks in Ghana
ONGC, the country’s largest oil and gas producer, is eyeing new energy blocks in Ghana, in a bid to expand it presence in the African conti...
- 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...
- RIL, ONGC rumoured as 'mystery' bidders in $8 bn Addax sale
London-based Addax Petroleum has fields in Iraqi Kurdistan and Nigeria and is said to be on the block for up to 5 billion pound ( around $ ...
- Colombia takes back an oilfield from OVL
Colombia has snatched a part of the oil property ONGC Videsh Ltd and China's Sinopec had together acquired for USD 850 million two years ag...
- CNPC to cut workforce by 5 pc to control costs
China's largest oil and gas producer, CNPC, plans to cut five per cent of its workforce in the next three years to control costs after its ...
- 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...
- OVL makes $1 bn offer for three blocks in Angola
India's ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corp (ONGC), has made a one-billion-dollar-offer to develop three offshore...
- 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.
- 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...
- ONGC, Sinopec bag Colombian co for $850 mn
The Indo-China joint effort is beginning to bear fruit. The partners will pump in $425m each for the buy out.
- OVL wins bid to acquire Colombia oil firm
ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned ONGC, and Chinese firm Sinopec have jointly won the bid to acquire Columb...