Sinopec | Egypt Oil & Gas

Sinopec Records 2.6% Rise in Net Profit in H1 of 2024

China's Sinopec reported a 2.6% rise in net profit for the first half of 2024 (H1 2024), driven by rise in oil and gas production that compensated for the falling domestic demand for refined fuel and petrochemic

Aramco, Sinopec, SABIC Expand Refining, Petrochemical Cooperation

The China Petroleum and Chemical Corporation ("Sinopec"), one of the top integrated energy and chemicals businesses in the world, the Saudi Arabian Oil Company ("Aramco"), and SABIC are investigating ways to work ...

QatarEnergy, Sinopec Ink 27-year SPA

QatarEnergy entered into and China Petroleum & Chemical Corporation (Sinopec) inked a 27-year Sale and Purchase Agreement (SPA) with for the supply of 4 million tons per annum (MTPA) of LNG to the People's Republi ...

Aramco, Sinopec Ink Cooperation MoU

Aramco and Sinopec signed a Memorandum of Understanding (MoU) to discuss a variety of potential collaborative endeavors between the two companies.

Sinopec Creates First Biojet Fuel at a Plant in East China

Sinopec Corp, a state-owned refining behemoth in China, announced on Tuesday that it has created its first aviation fuel from spent cooking oil at a facility with a large industrial footprint in east China.

Sinopec Halts Project in Russia

China's Sinopec suspended discussions for a gas marketing venture and petrochemical investment in Russia.

Sinopec’s Refineries Sustain “Fairly High” Production Level Amid Supply Disruption

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 ...

Sinopec Finishes China’s First Megaton CCUS Project

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.

Sinopec Receives First LNG Cargo From Qatar

Sinopec corporation announced that it has received the first liquefied natural gas (LNG) cargo from Qatar, based upon the new term supply deal that was signed with Qatar Petroleum in 2021.

China’s Sinopec to Spend $4.6 b on Hydrogen Energy by 2025

China’s Sinopec company announced that it intends to spend $4.6 billion on hydrogen energy by 2025.

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