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. Net income for ...
HONG KONG -- Sinopec, the Chinese state-owned oil producer, said Monday that it will offer hydrogen at up to 1,000 of its service stations in the country by the end of 2025, signaling support for ...
Sinopec reaffirmed its commitment to uplifting Sri Lanka’s energy infrastructure and community standards with the completion of three upgraded fuel stations and one brand-new Station in Anuradhapura, ...
China’s Sinopec is setting up a new entity to invest in refinery and petrochemical assets overseas in a bid to leverage its expertise and deep pockets to expand globally as local Chinese oil demand ...
China's oil giant Sinopec on Tuesday released a report about the company's participation and growth in Russia which deepens ties with China on energy cooperation, a key sector following global energy ...
SINGAPORE, Jan 28 (Reuters) - China's Sinopec plans to raise crude throughput next month by 100,000 to 150,000 barrels per day (bpd) from January to meet a rise in travel demand during the Lunar New ...
As Chinese oil demand drops at home, its companies are searching for new deals abroad, with Serbia eager to do business with Beijing. But officials in Belgrade maintain that the contracts for a new ...
HONG KONG—China's largest oil refiner intends to sell a nearly 30% stake in its sales-and-marketing unit to 25 investors, as Beijing continues to inject private capital into state-owned enterprises to ...
China Petrochemical Corporation, or Sinopec, said on Monday that it had started building a carbon capture, utilisation and storage (CCUS) project in east China, the largest of its kind in the country, ...
[BEIJING] China’s largest oil refiner, Sinopec, is in discussions to take over the nation’s dominant distributor of jet fuel, said people with direct knowledge of the talks. The tie-up talks between ...
Zhang Jixing, president at Sinopec America and chief representative at Sinopec USA Representative Office, is confident about the new direction Sinopec is taking. MAY ZHOU / CHINA DAILY Since its first ...
SINGAPORE (Reuters) -China's Sinopec Corp, Asia's largest oil refiner aims to be carbon neutral by 2050, with its near-term strategy focused on natural gas development and a long-term pivot to ...
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