China, the world's largest crude oil consumer imported last month 42.71 million tonnes, or 10.06 million barrels per day, according to data released by the General Administration of Customs on Wednesday (bpd). Com ...
On Monday, oil prices declined more than $2 per barrel for the second straight week as world consumers announced plans to release a record amount of crude oil and oil products from strategic stocks in addition to ...
China's Sinopec suspended discussions for a gas marketing venture and petrochemical investment in Russia.
Global oil prices decreased as China implemented a lockdown in Shanghai, which is considered a major manufacturing and financial hub.
Ma Yongsheng, Sinopec's chairman, stated that the company’s refineries are operating at “fairly high” level to secure steady fuel supply in the country amid global oil supply disruption due to Russian’s invasion t ...
China Petroleum & Chemical Corporation (Sinopec) announced the completion of China's first megaton carbon capture, utilization and storage (CCUS) project, the Qilu-Shengli Oilfield CCUS.
China’s crude oil imports from Saudi Arabia has declined by 13% during November 2021 to 7.4 million barrels per day (mmbl/d) compared to 2.06 mmbl/d in November 2020.
Petronas Company announced that it has signed an agreement with Shenergy Group Company to send three carbon neutral liquefied natural gas (LNG) cargoes from Petronas LNG complex, located in Bintulu, to China.
Saudi Arabia retained a top spot in oil supplies to china for a ninth straight month in August as major producers relaxed production cuts.
China’s Sinopec company announced that it intends to spend $4.6 billion on hydrogen energy by 2025.
