Sinopec | Egypt Oil & Gas
Sinopec: China’s Oil Demand to Fall 8.9% in 2026
China’s oil demand is expected to fall by 600,000 barrels per day(bbl/d), or 8.9%, in 2026, marking the third consecutive annual decline, according to China Petroleum & Chemical Corporation (Sinopec)’s research ar...
Sinopec Boosts Russian Oil Purchases Amid Middle East Supply Shortfall
Multiple trade sources and vessel-tracking data show China state-owned Sinopec, the world’s largest refiner, stepping up purchases of Russian Far East crude to offset disruption in Middle Eastern supplies caused by th...
Sinopec to Supply Engineering Services to Saudi Arabia’s ACWA Power in Yanbu
China’s Sinopec, one of the world’s largest state-owned energy and chemical companies, signed an agreement to to deliver engineering services for ACWA Power in Yanbu, Saudi Arabia, supporting the development of what w...
Sinopec Launches $690 Million Venture Capital Fund Targeting Hydrogen Energy
Sinopec, China’s state-owned oil and gas giant, has launched a hydrogen energy-focused venture capital fund with an initial investment of $690 million, the company said in a statement quoted by Reuters. As the largest... Sinopec Adds 1.3B Barrels of Shale Oil Reserves in East China
Sinopec Corp announced that the Chinese government has certified approximately 180 million metric tons, equivalent to about 1.3 billion barrels, of new geological reserves at two of its shale oil plays. These reserves...
Sinopec Launches 500-Ton Bio-Aviation Fuel Shipment to Hong Kong
Sinopec has started its bio-aviation fuel shipment to Hong Kong, marking the first-ever among Chinese companies outside the Chinese Mainland. The Sheng You 238 vessel, loaded with 500 tons of bio-aviation fuel, set sa... Sinopec Shanghai Petrochemical to Boost Operations with $2.91B Investments
Sinopec Shanghai Petrochemical Company has announced plans to invest 21.31 billion yuan ($2.91 billion) to upgrade its operations aimed at maintaining the company’s crude oil processing capacity and implement ot...
Sinopec, Aramco Start Building Petrochemical Complex in China
Sinopec has announced the start of constructing a refinery and a petrochemical complex in cooperation with Aramco in Southeast China’s Fujian province, according to Reuters. The project will include a refinery capacit... 
