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Sinopec, BP agree to stronger cooperation in fuel sales, trading

BEIJING : BP and Chinese state oil major Sinopec signed a memorandum of understanding at the World Economic Forum in Davos to strengthen cooperation in areas including fuel sales, oil and gas trading, and upstream activities, according to a post on Sinopec's Weibo account on Thursday. The two companies wi
Sinopec Weibo World Economic Forum In Davos China National Petroleum Corp World Economic Forum

Sinopec says more deep tight-gas reserve certified in Sichuan basin

SINGAPORE : China's Sinopec Corp said on Wednesday that the Chinese government had recently certified 133 billion cubic meters of proven geological reserves of natural gas in its operation in southwest Sichuan basin. The new reserve, certified by the Ministry of Natural Resources, marks the birth of yet a
Ministry Of Natural Resources China Sinopec Corp Sinopec Corp Natural Resources

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Drawn by low prices, Chinese refiners hunt for oil to replenish stocks

SINGAPORE : Chinese refiners are actively booking crude oil cargoes for delivery in March and April to replenish stocks, locking-in relatively low prices and in anticipation of stronger demand in the second half of 2024, trade sources said.Global benchmark Brent futures have stayed under $80 a barrel sinc
Saudi Arabia Abuz Aby United Arab Emirates Red Sea Djibouti General Emma Li

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