China’s top oil refiner, Sinopec (OTCPK:SPTJF), reported a double-digit drop in annual profit for 2024, citing weakening domestic oil demand and structural shifts in the energy market. Net income for ...
As Chinese oil demand drops at home, its companies are searching for new deals abroad, with Serbia eager to do business with Beijing. But officials in Belgrade maintain that the contracts for a new ...
HONG KONG -- Sinopec, the Chinese state-owned oil producer, said Monday that it will offer hydrogen at up to 1,000 of its service stations in the country by the end of 2025, signaling support for ...
Sinopec reaffirmed its commitment to uplifting Sri Lanka’s energy infrastructure and community standards with the completion of three upgraded fuel stations and one brand-new Station in Anuradhapura, ...
Sinopec, China’s state-owned refining, gas and petrochemical conglomerate, recently launched a new brand called Yijie Coffee, aiming to let consumers enjoy a cup of coffee while waiting for gasoline ...
China Petroleum & Chemical Corp. reported a drop in net profit and revenue in the first half of the year, weighed by lower oil prices. Net profit for the six months ended June declined 40% to 21.48 ...
China's oil giant Sinopec on Tuesday released a report about the company's participation and growth in Russia which deepens ties with China on energy cooperation, a key sector following global energy ...
China Petrochemical Corporation, or Sinopec, said on Monday that it had started building a carbon capture, utilisation and storage (CCUS) project in east China, the largest of its kind in the country, ...
SINGAPORE, Jan 28 (Reuters) - China's Sinopec plans to raise crude throughput next month by 100,000 to 150,000 barrels per day (bpd) from January to meet a rise in travel demand during the Lunar New ...
SINGAPORE (Reuters) -China's Sinopec Corp, Asia's largest oil refiner aims to be carbon neutral by 2050, with its near-term strategy focused on natural gas development and a long-term pivot to ...
HONG KONG—China's largest oil refiner intends to sell a nearly 30% stake in its sales-and-marketing unit to 25 investors, as Beijing continues to inject private capital into state-owned enterprises to ...
Sinopec reaffirmed its commitment to uplifting Sri Lanka’s energy infrastructure and community standards with the completion of three upgraded fuel stations and one brand-new Station in Anuradhapura, ...