Sonatrach signed on February 25 with Sinopec International Energy Investment (HK) Holding Ltd, a hydrocarbon production sharing contract for the Hassi Berkane Nord (HBAN) field. The contract, worth $850 million, invol...
Sinopec, China’s state-owned oil and gas giant, has announced that it is now pumping 1,600 metric tons per day (mmt/d) of shale oil at its pilot project in Jiyang, east China, an increase from the 100 tons it wa...
Sinopec has been awarded the Best Environmental Protection Case award at the First Sino-European Corporate ESG Best Practice Conference in Frankfurt, Germany. The conference, themed “Together for the Future,R...
Oil firms, including China’s China Petroleum & Chemical Corporation (Sinopec), have expressed an interest in developing Uganda’s planned oil refinery. Uganda’s Energy and Mineral Development Mini...
Iranian President, Hassan Rouhani, has officially launched the first phase of production at Yadavaran, North Yaran and North Azadegan fields in its oil-rich Khuzestan province, with a total output of more than 220,000...
Saudi Aramco plans to shut its refinery in Yanbu and its largest refinery in Ras Tanura in late 2016 for scheduled maintenance. Each shutdown could add 4m to 8m barrels of crude into global markets, depending on the e...