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Oil Price
Oil Down More Than 1% As Uncertainty Swirls Over Delayed OPEC+ Meeting
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Picture taken November 22, 2019. REUTERS/Ang…
Geothermal Heating Project
Sinopec Reports 15% Growth in Geothermal Heating Capacity for Winter
Winter sunshine at International Sculpture Park, Beijing, China (source: Caitriana Nicholson / flickr, Creative Commons)The China Petrochemical Corporation (Sin…
Oil Field
9,423 Meters: China Opens Asia's Deepest Oil and Gas Well
The Yuejin 3-3XC well of Sinopec in Tarim Basin, northwest China's Xinjiang Uygur Autonomous Region, November 15, 2023. /CMGChina's petrochemical giant …
Oil & Gas Trade
Qatarenergy-Sinopec's Long-Term LNG Contract Likely Priced Around 12.7% Slope to Oil
The LNG sales and purchase agreement signed between QatarEnergy and China Petrochemical Corp., or Sinopec, was likely priced around 12.7% slope to crude oil, wi…
LNG
Sinopec Puts World's Largest LNG Storage Tank Into Operation
China Petroleum & Chemical Corporation (Sinopec) has revealed that the world’s largest LNG storage tank was put into operation at its Qingdao LNG receivin…
Oil & Gas Trade
Sinopec Signs New 27-Year LNG Supply Deal With Qatarenergy
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July …
Oil & Gas Trade
Lummus Bags Contract for PP Plant Tech With Sinopec
Sinopec NZRCC will license Lummus' Novolen process technology for a new polypropylene plant in Ningbo, China, with a capacity of 500,000 tons per annum.Lumm…
Oil&Gas Drilling
Iraq Puts 30 New Oil and Gas Projects up for Grabs
Iraq has launched its fifth+ and sixth licensing rounds in which it plans to award 30 new oil and gas projects.Opec’s second-largest producer has set a Ja…
Oil & Gas Supply
OPEC Leaders Make Case for Fossil Fuels at Riyadh Climate Event
UAE Industry Minister Sultan Ahmed Al Jaber waves before a meeting between Brazil's President Luiz Inacio Lula da Silva and leaders of countries attending t…
Oil & Gas Supply
Saudi Arabia, Other Arab States Reaffirm Commitment to Voluntary Oil Production Adjustments
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, Septemb…
Oil & Gas Supply
China Extends Resource Tax Concession on Shale Gas to End-2027
A natural gas appraisal well of Sinopec is seen behind a treatment pond of drilling waste in Langzhong county, Sichuan province March 1, 2011. REUTERS/Stringer/…
Geothermal Power Project
Arctic Green Energy and Sinopec to Go Global With Joint Venture
Signing of expanded agreement between Sinopec and Arctic Green Energy (source: Arctic Green Energy)Arctic Green Energy and Sinopec have announced that their joi…
LNG
Sinopec Buys Over 30 LNG Cargoes for Winter Demand, Trading - Sources
Trucks carrying liquefied natural gas (LNG) are seen at Sinopec's LNG terminal in Tianjin, China October 22, 2018. REUTERS/Stringer/File Photo Acquire Licen…
Crude Oil
Saudi Energy Minister Says OPEC+ Cuts Were Needed to Stabilize Oil Market
Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks during 10th Arab-China Business Conference in Riyadh, Saudi Arabia, June 11, 20…
Geothermal Power Project
WGC2023 in Beijing, China Highlights Global Geothermal Growth and Potential
The opening ceremony of the World Geothermal Congress 2023 in Beijing, ChinaThe 7th World Geothermal Congress (WGC2023), hosted by China Petrochemical Corporati…
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