Sinopec | Egypt Oil & Gas - Part 4

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.

China’s Crude Oil Output Slips in First Half of 2016

According to the National Development and Reform Commission (NDRC), China’s crude oil output dropped by 4.8% year-on-year –to 100.45m tons in H1 of 2016.

Chinese Sinopec to Develop Iran’s Yadavaran Oil Field

Iranian Executive Director of Yadavaran Oilfield development project, Hadi Nazarpour, announced that the Chinese Sinopec Group is to undertake Phase II development of the field.

China’s Sinopec Closes 500 Gas Stations, Refineries over Flooding

The massive flooding in China, that is reported to be the country’s worst since 1998, has forced the largest oil company in Asia, Sinopec, to close 500 gas stations and shut down some refinery facilities in the south ...

China’s Chu Kong Wins Steel Pipes Bids by Sinopec

China’s largest manufacturer and exporter of longitudinal submerged arc welded steel pipes, Chu Kong Petroleum and Natural Gas steel Pipe Holdings Ltd, has earned two bids from China Petroleum and Chemical Corporatio ...

Iran Signs Oil Deal with China

Iran and China tightened its relations in the energy sector after National Iranian Oil Company (NIOC) inked a new crude and condensate sales agreement with China Petrochemical Corporation (Sinopec Group).

Petroceltic Drilled First out of 24 Gas Wells in Algeria

The Dublin-based Petroceltic International had successfully drilled the first of 24 new development wells on its Ain Tsila gas and condensate field in Algeria.

Sinopec Starts Production in Fuling Shale Gas Project

China's Sinopec, Asia's largest oil refiner, has started production in the first phase of its Fuling shale gas project in the Sichuan Basin of a southwest province with an annual capacity of 5bcm.

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