Oil rises on Russian refinery attacks, signs of strong demand LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian... Updated 13 Mar, 2024 05:32pm
Markets Oil falls 1% on Fed rate cut caution and stocks build LONDON: Oil prices pulled back on Wednesday as the prospect of delays to U.S. interest rate cuts and a jump in U.S.... Updated 28 Feb, 2024 06:05pm
Print Refinery, petrochemical complex: PSO taps China’s Sinopec for partnership with Aramco As per pre-feasibility study, project will have processing capacity of more than 300,000 bpd, will produce range of high-value petroleum products Updated 20 Feb, 2024 11:59am
Business & Finance Sri Lanka approves Sinopec’s $4.5bn refinery proposal COLOMBO: Sri Lanka on Monday approved a proposal by China’s Sinopec to build a $4.5 billion refinery, its energy... Published 28 Nov, 2023 04:56am
World Sri Lanka approves Sinopec’s $4.5bn refinery proposal COLOMBO: Sri Lanka on Monday approved a proposal by China’s Sinopec to build a $4.5 billion refinery, its energy... Published 27 Nov, 2023 05:49pm
Business & Finance Sri Lanka to OK Sinopec’s $4.5bn refinery proposal tomorrow COLOMBO: Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a... Published 26 Nov, 2023 03:31am
Print Refinery sector: SIFC for assessing Sinopec’s interest ECC also directs Petroleum Division that other interested (credible) parties should be also identified and update be shared with the Apex Council (AC) in its forthcoming meeting Updated 06 Nov, 2023 12:04pm
Markets Qatar signs second 27-year gas supply deal with China's Sinopec DOHA: Qatar has agreed to supply Sinopec with natural gas for 27 years, the Gulf emirate’s state-owned energy... Updated 04 Nov, 2023 10:44pm
Print $10bn refinery: PSO interacting with Bank of China/Sinopec ISLAMABAD: Pakistan State Oil (PSO) is reportedly interacting with Bank of China/Sinopec for establishment of either... Updated 10 Oct, 2023 09:52am
Markets China LNG buyers expand trading after adding more US, Qatari contracts SINGAPORE/LONDON: China’s liquefied natural (LNG) gas importers are starting up or expanding trading desks in London... Published 21 Aug, 2023 10:15am
Business & Finance Sri Lanka says China’s Sinopec to start operations Sept. 20 COLOMBO: Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell... Published 15 Aug, 2023 05:12pm
Markets Sinopec’s first green hydrogen plant starts production BEIJING: China’s Sinopec has begun producing green hydrogen at a plant in the western region of Xinjiang, the... Published 03 Jul, 2023 06:04am
Markets China’s May refinery runs rise 15.4% yoy to second highest total on record BEIJING: China’s oil refinery throughput in May rose 15.4% from a year earlier, data showed on Thursday, as refiners... Published 15 Jun, 2023 10:15am
World China’s Sinopec to take stake in Qatar’s North Field East DOHA: China’s Sinopec will take a stake in the eastern expansion of Qatar’s North Field liquefied natural gas... Published 13 Apr, 2023 06:37am
Markets Saudi maintains crude supply to Asian refiners despite OPEC+ cuts SINGAPORE: State oil giant Saudi Aramco will supply full crude contract volumes loading in May to several North... Published 10 Apr, 2023 10:20am
Markets Asia fuel oil: market kicks off 2023 on stable note SINGAPORE: Asia’s fuel oil market held steady on the first trading day of 2023, while China issued its first batch... Published 04 Jan, 2023 06:02am
Markets Five major Chinese firms to delist from NYSE BEIJING: Five major Chinese companies including two of the country’s largest oil producers will delist from the New... Published 12 Aug, 2022 05:23pm
Markets VLSFO crack gains, cash premiums climb SINGAPORE: Asia’s front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) climbed on Monday, while cash... Published 29 Mar, 2022 06:26am
Markets Asia’s naphtha margin rises as crude drops NEW DELHI: Asia’s naphtha crack rose on Monday after falling more than 6% last week, as crude oil benchmarks... Updated 15 Mar, 2022 06:36am
Markets China’s Sinopec completes successful trial of crude to olefin technology SINGAPORE: China’s Sinopec Corp said on Wednesday it completed a successful trial processing crude oil directly... Published 19 Nov, 2021 04:35am
Markets Sinopec signs China's largest long-term LNG contract with US firm BEIJING: China's Sinopec has signed a contract with US Venture Global LNG to buy 4 million tonnes of liquefied... Published 04 Nov, 2021 09:44am
Markets Sinopec starts building 1.2mn T ethylene project in Tianjin The ethylene project is expected to be completed in 2023. Published 20 May, 2021 11:18am
Markets China's Sinopec raises 2021 capital expenditure by 23.8pc BEIJING: China Petroleum & Chemical Corp, better known as Sinopec, plans a 23.8% increase in capital spending to... Published 31 Mar, 2021 05:42am
Markets China's Sinopec raises 2021 capital expenditure by 23.8% It also aims to raise its domestic refined fuel sales by nearly 9% this year to bring it on par with its 2019 levels. Published 29 Mar, 2021 11:23am
Business & Finance China's Sinopec builds first phase of new shale gas field in Sichuan Under the first phase of development that started around late 2019, Sinopec said it had drilled 56 wells attached to eight drilling platforms. Published 06 Jan, 2021 01:25pm
World Brazil reports 55,649 new coronavirus cases, 1,194 additional deaths Brazil has registered more than 7.6 million cases of the virus since the pandemic began. Published 31 Dec, 2020 11:52am
World Worldwide coronavirus cases cross 82.19 million, death toll at 1,796,307 Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019. Published 31 Dec, 2020 10:18am
Markets Sinopec's Changling refinery to shut 160,000 bpd crude unit for 55-day overhaul The overhaul is expected to run for 55 days, starting from mid-February 2021. Published 17 Dec, 2020 09:17am