Chinese investment boosts African energy sector
Chinese foreign direct investment (FDI) in Africa surged to $21.7 billion in 2023, largely driven by initiatives…
Browsing Tag
Sinopec
China’s Sinopec reports 2.6% profit growth in H1 ’24
China Petroleum & Chemical Corp (Sinopec) reported a 2.6 per cent increase in net profit for the first half of…
S. Arabia crude oil exports to China expected to drop
Saudi Arabia's crude oil exports to China are anticipated to decline for the third consecutive month in July,…
TotalEnergies, SINOPEC sign pact to boost climate efforts
TotalEnergies and China’s SINOPEC committed to enhancing their collaboration in the field of low-carbon energy…
Sinopec reports 9.9% profit fall in ’23
China Petroleum & Chemical Corp., Sinopec, announced a 9.9 per cent decrease in net profit for 2023 on Sunday,…
Low oil prices lure Chinese refiners to top off supplies
Chinese refiners are actively scheduling crude oil cargoes for delivery in March and April to top off supplies.
China’s graft watchdog investigates former Sinopec chairman
Chinese authorities have placed the governor of Fujian province, who is also the former chairman of China Petroleum…
Apache Completes Sale of Egyptian Assets to Sinopec
Apache Corp. (NYSE, Nasdaq: APA) has completed its previously disclosed sale of a one-third minority…
Pay up or Dry up – Egyptian Gas at a Crossroads
An offshore gas find in the Nile Delta is strong new evidence that Egypt has the resources to end power cuts and…
Apache to Sell Egypt Stake to Sinopec for $3.1 bln
Apache Corp. APA +3.38% struck a deal with China Petroleum & Chemical Corp. (0386.HK, 600028.SH, SNP), or…
