Page 155 - Sinopec News Today

Chinas Sinopec has pledged to invest in Sri Lankas southern district of Hambantota at a meeting with the island nations president, Ranil Wickremesinghe, the Presidents Media Division (PMD) said, Economy Next reported.

China wants to reap the benefits of a shale gas revolution similar to the one in the United States, but there are many obstacles to this happening, experts say.In the first half of 2013, fifty-six shale gas wells were in the exploratory phase in the country, but only twenty-four were producing gas. Only six wells—all dug by either China Petrochemical Corp. (Sinopec Group) or

/PRNewswire/ -- Ma Yongsheng, President of China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), is calling for the inclusion of carbon capture,...

Ma Yongsheng, President of China Petroleum and Chemical Corporation, Sinopec, is calling for the inclusion of carbon capture, utilisation and storage (CCUS) projects into Chinas voluntary emission reduction system.

The addition of a refinery at Hambantota would be likely to help make the port's bunker prices more competitive with rival locations in the region.

China expressed its plans to enter Sri Lanka's fuel market by investing on importing, storage, distribution and supply fuel to the Indian Ocean island nation which went through a severe fuel crisis.A group of representatives from China's ...

As it climbs back out of a protracted forex crisis, Sri Lanka appears set to get a new petroleum distribution hub and refinery at the Chinese-operated...

In year when consumers worldwide faced soaring energy prices after Russia invaded Ukraine, some of the biggest energy companies report record profits.

The price of Russian crude and fuel is rising for buyers in Asia.

Increased interest from Chinese state-owned and large private refiners such as Sinopec, PetroChina Co and Hengli Petrochemical Co, in addition to a jump in Indian demand, led cargoes to be snapped up at higher prices.