Sinopec | Egypt Oil & Gas - Part 5

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.

Sinopec Entrenches its Reach in Maritime Southern Asia

China Petrochemical Corp., Sinopec announced its plan to build a gasoline filling station and a storage depot at its outpost in the disputed Paracels Island in the South China Sea to ramp up its fuel supplies.

China Edging Back to Iran’s Crude

Iran is taking steps to ramp up oil exports by 500,000bd ahead of the end of international sanctions, and to extend its crude contracts with Chinese buyers in 2016.

Sinopec to Lease 75% of Hovensa Oil Storage Capacity

Sinopec, Asia's biggest oil refiner, and Freepoint, US commodity trader, will take part in reviving the Caribbean oil refinery, Hovensa, in collaboration with Limetree Bay Holdings LLC, the buyer of the complex in S ...

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