News

China’s state oil and gas major Sinopec , has established a venture capital fund focused on hydrogen energy, with an initial ...
Low prices on refined oil is the biggest problem facing China Petroleum & Chemical Corporation (Sinopec) and the company will focus on natural gas development in the next few years, said Sinopec ...
According to Sinopec, the commercial gas flow from the well has unlocked more than 400 billion cubic metres of potential ...
Sinopec processed 146.32 million metric tons of crude oil last year, equivalent to 2.85 million barrels a day, up 4.56% from 2005, the company said in a statement posted on its Web site.
Sinopec pumped 1.23 million boepd in 9M18 and it is the biggest player in China’s downstream space with a leading position in oil refining, petrochemical, and oil retail industries. The weakness ...
China Petroleum & Chemical Corporation (Sinopec) has reported progress in the development of shale oil at its Jiyang pilot project in east China, reported Reuters. The Jiyang project is located in ...
China’s state oil major Sinopec reported a net profit of almost $7 billion for 2024, which represented a 16.8% decline on the year, attributed to lower oil prices and electric cars.
This year, China’s oil consumption is expected at around 15.2 million bpd. In its outlook, Sinopec also predicts that Chinese natural gas demand will reach a plateau at some point around 2040 ...
China’s top oil refiner, Sinopec (OTCPK:SPTJF), reported a double-digit drop in annual profit for 2024, citing weakening domestic oil demand and structural shifts in the energy market.
Chinese state-controlled refining giant Sinopec has returned to buying Russian crude oil after halting purchases last month due to concerns about the U.S. sanctions on Russia’s oil trade and ...
VIENNA—China Petroleum & Chemical Corp., or Sinopec, has doubled production at its Iranian oil project, according to people familiar with the matter, a rare success as the country struggles to ...