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OPEC
Russia Claims Its Compliance With OPEC+ Cuts Was Almost 100% In May
Russia was close to complying 100 percent with its oil production quota under the OPEC+ deal in May
OPEC
OPEC Projects Tight Oil Markets in Advance of June Crude Output Talks
A year after shuttering unprecedented volumes of crude, the OPEC+ alliance is expecting world oil markets to get acutely tight.
Oil Price
Oil Prices Stay Firm As Demand to Outstrip Supply in H2
Oil prices climbed in early Asian trade on Monday, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to…
Oil Refinery
Sinopec's Green Hydrogen Ambitions: Five-Year Growth Plan Crucial to Refiner's Transition
The giant Chinese refiner has lined up projects intended to produce 500,000 metric tonnes of green hydrogen per annum by 2025
Hydrogen Project
Sinopec to Launch First Green Hydrogen Project in 2022
Chinese state-controlled oil giant Sinopec said it expects to launch its first green hydrogen project, a zero-carbon fuel generated from renewable energy source…
Distributed Solar
Sinopec Launches First 'Carbon-Neutral' Gas Station
Chinese oil giant Sinopec Group has completed work on the country's first "carbon-neutral" gas station, marking an important step in its drive to reduce carbon …
OPEC
OPEC’s Oil Exports Are Surging By 1 Million Bpd In May
OPEC’s oil exports have jumped by 1 million barrels per day so far in May, while the OPEC+ group started easing the production cuts by 350,000 bpd this month, …
OPEC
Video: OPEC Reiterates Global Oil Demand Forecast for 2021
OPEC reiterated its 2021 forecasts for world oil demand on Tuesday, as it nudged its predictions for global economic growth higher.
SINOPEC
China's Sinopec, Great Wall to Develop Hydrogen Energy
China's state-controlled oil firm Sinopec has signed a strategic co-operation framework agreement with domestic automotive manufacturer Great Wall Holdings to d…
Crude Oil
IEA Sees Oil Demand Recovery Outpacing Growth in Supply
OPEC+ producers have been curbing output since 2017 but have eased since imposing record high cuts last year, with more easing agreed from this month
Crude Oil
Sinopec Offers Refineries Sweeteners to Boost Clean Marine Fuel
The top Asian oil refiner is crediting its refineries 150 yuan for every tonne of VLSFO they produce, they said
Energy Investment
The OPEC Fund to Support Renewable Energy Projects in Nepal
The loan represents the OPEC Fund's first financial institution transaction in the country.
Natural Gas
Sinopec finds abundant flows in Xinjiang oil, gas wells
Recently, China Petrochemical Corp, or Sinopec Group, has discovered abundant flows of natural gas and crude oil at the Shunbei-42X well and the Shunbei-41X wel…
India
India Turns to OPEC Nations Saudi, UAE for Oxygen
He said state-owned Indian Oil Corporation and gas utility GAIL will be arranging for logistics to transport the oxygen
Natural Gas
China Gas Use to Rise 10pc in 2021: Sinopec, PetroChina
China's state-controlled energy firms are expecting domestic gas demand growth to accelerate this year, as the economy recovers and consumption of the fuel is b…
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