RIYADH, March 7 (Xinhua ... the company is enhancing strategic cooperation with Chinese enterprises such as Sinopec, exploring more joint investment opportunities. "The Chinese market and ...

Drill, Baby, Drill' Gets Underway. At Houston's CERA Week energy confab this past week, a chorus of oil industry leaders began to warn on limits to U.S. production. The voices in ...

December 19, 2024 China's oil consumption to peak by 2027, says top refiner Sinopec China's oil consumption ... Saudi crown prince discuss cooperation in Riyadh meeting Chinese Premier Li Qiang ...

BEIJING, March 24 (Reuters) - China Petroleum & Chemical Corp, known as Sinopec, reported a 16.8% decline in 2024 net profit, citing lower crude oil prices and the accelerated development of the ...

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.

Chinese state-owned oil and gas giant Sinopec has scaled back its capital expenditure for 2025, setting a budget of 164.3 billion yuan ($22.8 billion), down from 175 billion yuan 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 ...

(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’s net income fell to 49 ...

The United States facilitated separate agreements with Ukraine and Russia on barring the use of force in the Black Sea and ...