Page 175 - Sinopec News Today

Oil and natural gas output from two of China’s leading fields again crept upward last year, according to reports that cited data from China National

Zenith Energy Netherlands, has entered into a share purchase agreement (SPA) with Austria's OMV Exploration and Production to acquire OMV Yemen.

The U.S. manufacturing sector weakened further to finish 2022 amid falling output and client demand, supporting widespread recession fears.

Zenith Energy has announced that a company in which it holds a 49% interest, Zenith Energy Netherlands, has entered into a share purchase agreement (SPA) with OMV Exploration and Production to acquire 100% of the outstanding share capital of OMV Yemen.

California Republican Kevin McCarthy's bid for House speaker remains in doubt, but the party is poised to launch a wave of oversight and energy legislation

The Fuling shale gas field in southwest Chinas Chongqing Municipality produced approximately 7.2 billion cubic meters of natural gas in 2022.

As Europe is struggling to reduce its dependence on Russian gas, seeking to secure gas from the Middle East, China beat Europe to the punch and at the end of last November sealed the largest ever liquefied natural gas (LNG) deals with Qatar at the staggering amount of US$ 60 billion.

China Petroleum & Chemical Corporation (Sinopec) announced that its Yuanshen-1 exploration well in the Sichuan Basin had successfully completed the drilling at a depth of 8,866 meters, beating the previous deepest record in the Sichuan Basin set by its Rentan-1 well.

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China Petroleum & Chemical Corporation (Sinopec) officially published the China Energy Outlook 2060 on December 28 in Beijing. This is Sinopec’s first publicly released research findings of their medium and long-term energy outlook, providing a new perspective for the scientific planning of transformation and development of China’s energy and chemical industries.