Page 24 - Sinopec News Today

One year ago, the reopening of China was predicted to be a catalyst for oil markets. That didn't work out quite the way pundits predicted. The commodities...

Asian stocks are turning in a mixed performance on Friday, after having surged higher in the previous session thanks to the People's Bank of China's unexpected move to cut its reserve requirement ratio for local banks freed up about 2 trillion yuan in liquidity.

Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The

Energy company Saudi Aramco has chosen Spanish engineer Tecnicas Reunidas and China’s Sinopec to build a $3.3bn gas refinery in Saudi Arabia.

ISLAMABAD: The government is reportedly making hectic efforts for a government-to-government (G2G) agreement with...

Saudi Aramco has awarded contracts worth more than $3.3 billion to Chinese company Sinopec and Spain’s Tecnicas Reunidas to build a gas facility in Saudi Arabia. According to a disclosure on the Spanish Stock Exchange, Sinopec will own 65 percent of the project, and Tecnicas Reunidas will have a 35 percent share. The statement added that the contracts cover engineering, procurement, and construction, including building liquefied natural gas (LNG) distillation facilities in the Al-Riyas project...

The Australian government has solidified the energy security of its east coast market through new gas supply deals.

The proven geological reserves amount to 133.012 Bcm as  validated by the State Ministry of Natural Resources, which marks another integrated, ultra-deep and  tight-sandstone gas field of over 100 Bcm in China.

ISLAMABAD: For the first time, Pakistan has initiated diplomatic endeavours to effectively persuade the Kingdom of Saudi Arabia and Sinopec -- one of the biggest Chinese companies known for...

Pakistan’s envoy in Riyadh asked to approach the authorities to facilitate taking the project forward, say source