Sinopec | Egypt Oil & Gas - Part 4
Sinopec, CNPC Halts Buying Iranian Oil
China Petrochemical Corporation (Sinopec Group) and China National Petroleum Corporation (CNPC) has stopped purchasing Iranian oil in May, according to industry sources, Reuters reported. The decision of the two corpo...
China’s Sinopec Signs Crude Supply Deal with Kuwait for 2019
Chinese oil major Sinopec has signed a 2019 annual deal to purchase crude oil from the Kuwait Petroleum Corp (KPC) on October 8, Reuters reported. The volumes of the crude supply were not announced, but two Sinopec ex...
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, according to Reuters...
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
The South African Economic Development Minister, Ebrahim Patel, said that South Africa is negotiating with the Chinese oil firm Sinopec about its acquisition of Chevron Corp’s Cape Town refinery to confirm that ... Sinopec Refutes Risks of Investing in Egypt
China Petroleum & Chemical Corporation (Sinopec) downplayed the concerns about risks of investing in Egypt. Sinopec replied to rumored concerns that the company has bought a 33% stake in Apache’s assets in Egypt f... Saudi Aramco Invites China’s Sinopec to Invest in IPO
China Petroleum & Chemical Corp. (Sinopec) said it was invited to invest in Saudi Aramco as part of what could be the world’s biggest initial public offering (IPO), Oil and Gas People informed. Sinopec’s Chairman,... 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, Reuters reported. According to two peop... 
