Upstream spending will drop to 76.7 billion yuan, with a stronger focus on shale and tight oil exploration, while natural gas ...

March 24 (Reuters) - Top Chinese refining major Sinopec Corp (600028.SS), opens new tab will prioritise "risk control" in purchasing Russian oil, which has similar quality for its value versus ...

BEIJING, March 23 (Reuters) - China Petroleum & Chemical Corp , known as Sinopec, reported a 16.8% decline in 2024 net profit on Sunday, citing lower crude oil prices and the accelerated ...

Sinopec discovered Xinxing and Qintong shale oil fields in eastern China. The fields show promise for high initial yields. Sinopec said it has discovered Xinxing and Qintong shale oil fields 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. “In 2024 ...

BEIJING: China Petroleum & Chemical Corp , known as Sinopec, reported a 16.8 percent decline in 2024 net profit on Sunday, citing lower crude oil prices and the accelerated development of the new ...

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.

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. China’s authorities have certified 1.3 billion barrels of new reserves ...

(Bloomberg) -- Sinopec’s full-year profit tumbled 16% amid sluggish demand, with China’s oil consumption likely nearing a peak. The country’s biggest refiner saw net income fall to 49 ...