Sinopec

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The impact from the Covid-19 pandemic will continue to pressure global oil prices but a shift in consumer patterns because of lockdowns may weigh on oil demand in the longer term, according to research by China's biggest state-controlled refiner Sinopec .
News ID: 9387    Publish Date : 2020/05/08

China’s state-run energy giant is making a new approach to strike a $3 billion Iranian oil field, seeking to take advantage of waivers allowed under US sanctions even as two European nations have ended crude purchases, according to people familiar with the matter.
News ID: 3326    Publish Date : 2019/01/19

China's state-run energy giant Sinopec offered a three-billion-dollar deal to further develop an Iranian oilfield the two countries are already working on, media reports said.
News ID: 3317    Publish Date : 2019/01/18

Chinese state-owned oil major Sinopec sank as much as 5% in stock markets last week following reports of massive losses from petroleum contracts and the suspension of two executives.
News ID: 3139    Publish Date : 2019/01/02

China’s Sinopec and CNPC are speeding up drilling and exploration from major shale oil and gas formations in the country’s western regions to boost domestic output, according to company reports on Monday.
News ID: 2506    Publish Date : 2018/11/06

China Petroleum & Chemical Corp. said its half-year earnings jumped to the highest level on record as refining profits climbed and a rebound in crude prices brought its oil and gas exploration unit closer to breaking even.
News ID: 2179    Publish Date : 2018/08/28

One of China’s biggest state-held companies, Sinopec , is suing Venezuela’s debt-ridden state oil firm PDVSA in a US court over unpaid bills, in a sign that China may be losing patience with its Latin American ally and is changing tone and tactics.
News ID: 1638    Publish Date : 2017/12/11

The Chinese majors seek the development rights of the giant Azadegan and Yadavaran oilfields which approximately hold a total of 50 billion barrels of crude oil in place
News ID: 740    Publish Date : 2016/12/25

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