Page 28 - Sinopec News Today

Sinopec has discovered significant oil and gas reserves in a shale exploration well in Chinas Sichuan province, marking a major step in the countrys shale gas development amidst challenging geography and deep drilling requirements.

SINGAPORE : China's Sinopec Corp said on Tuesday it has found sizable oil and gas flows in a key exploration shale well in southwest China. Sinopec said the Xingye-9 well, in the Liangping area of Chongqing municipality which is part of the gas-rich Sichuan basin, tested a daily 108.15 cubic metres of oi

The current path of climate policy is at a dead end—a welcome opportunity to rethink.

Saudi energy giant Aramco, the world’s largest integrated oil and gas company, could be upping is planning to up its investment stake in its Chinese partner, as it expands its investments footprint in the country.

Indias top gas importer Petronet LNG is likely to sign a deal this month to extend its long-term liquefied natural gas (LNG) imports from Qatar to beyond 2028, Indias Oil Secretary said on Wednesday.

By Laura He, CNN

New $4.5 bn Sinopec deal comes amid debt restructuring, BRI lending shift HONG KONG — Surging investment from China, including a multibillion dollar oil project late last year, is leaving a giant question mark over Sri Lanka even as it tries to restructure towering debt and recover from its worst economic crisis as an independent...

Energy majors BP and Equinor have terminated their power agreement with the US state of New York for a 1.3 gigawatt (GW) wind farm in the Atlantic Ocean.

In the last two months, China has continued its regional economic expansion, making concentrated progress with energy and development deals. Though less pervasive, Russia, too, has added to its economic portfolio in the region.

Singapore News - Three out of five oil majors have raised fuel pump prices following a one percentage point rise in the goods and services tax on Jan 1. According to Fuel Kaki, a pump price tracker set up by the Consumers Association of Singapore, Caltex, Esso and Shell have increased... Read more at www.tnp.sg