Sinopec | Egypt Oil & Gas - Part 4

Kuwait, Sinopec Sign Agreement to Build Chinese Refinery

Kuwait has signed a memorandum of understanding (MoU) with Chinese oil major Sinopec for the construction of an oil refinery in the south of China, the Kuwait Oil Ministry announced on October 25.

Sinopec Evaluating Projects in Egypt

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Sinopec's Vice President, Ling Yiqun, to discuss joint cooperation and investments opportunities in Egypt’s hydrocarbon sector.

S Africa, Sinopec Negotiate Chevron’s Refinery Capacity

South Africa is negotiating with the Chinese oil firm Sinopec about its acquisition of Chevron Corp's Cape Town refinery to confirm that the production capacity of the refinery is maintained and improved.

Sinopec Refutes Risks of Investing in Egypt

Sinopec replied to rumored concerns that the company has bought a 33% stake in Apache’s assets in Egypt for $3.1b in 2013.

Saudi Aramco Invites China’s Sinopec to Invest in IPO

China is one of Saudi Arabia’s targets as the kingdom prepares for the IPO by deepening relationships with its most significant oil buyers.

Sinopec Close to Buy Chevron’s Oil Assets in S Africa

China Petroleum and Chemical Corp. (Sinopec) is nearing a deal to buy Chevron's South African oil assets for up to $1b to secure its first major refinery on the continent.

Egypt, China Discussed Future Collaborations

Egyptian Minister of Petroleum, Tarek El Molla, met with China's Sinopec CEO to discuss investments.

China to Loan $1.3b to Iranian Refinery

China has opened a line of credit, worth $1.3b, to finance the development of Abadan Oil Refinery, Iran’s oldest refinery in the southern Khuzestan Province.

Sino Tharwa Bids Over a Rig in Algeria

Sino Tharwa Drilling Company had entered a bid in Algeria, through Italian ENI, over renting rig (ST-16) with a capacity of 200 HP.

China to Sell $9.45b Stakes in Gas Pipeline

China Petroleum & Chemical Corporation (Sinopec), the second-largest oil and gas group in the country, plans to sell 50% of its premium Sichuan-East China natural gas pipeline business to investors.

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