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,…
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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…
Most Asia Markets End Higher, Led By Hong Kong
Hong Kong stocks rallied to lead most Asian markets Thursday, as energy producers climbed after an increase in oil…
Fuel Prices hike in China Second Time in Two Months
China, the world’s largest oil consumer after the U.S., increased gasoline and diesel prices for the second time in…
China’s Unipec buy 100,000 barrel of Libyan oil daily for 2012
The Chinese Company “Unipec” has agreed to buy about 100,000 barrels of crude oil per day from Libya under a term…
