Page 78 - Sinopec News Today

The Sinopec Xinjiang Kuqa Green Hydrogen Pilot Project will produce an annual green hydrogen output of 20,000 tons.

RIO DE JANEIRO, Aug 31 - Petrobras plans to create a Chinese subsidiary, Chief Executive Jean Paul Prates told Reuters, as Brazils state-run oil firm pushes...

(Page 1) China Petroleum & Chemical Corp. (Sinopec) announced that the Green Hydrogen Pilot Project constructed by the company in Kuqa City of Aksu Prefecture,

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SINGAPORE : China's Sinopec Corp is setting up a new entity to invest in refinery and petrochemical assets overseas in a bid to leverage its expertise and deep pockets to expand globally as local Chinese oil demand nears a plateau.After a quiet launch in late June of Sinopec Overseas Investment Holding as

HONG KONG -- China has greatly expanded imports of discounted Russian crude oil since Moscow's invasion of Ukraine fueled Western sanctions, but&

The commodity was also supported by softening U.S. labour demand.

(Bloomberg) -- China’s biggest oil company posted a record first-half profit as higher output offset lower crude prices and a slowdown in the nation’s economy. Most Read from BloombergSingapore Money Laundering Case Embroils Its Banking GiantsCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingPetr...

China's electric vehicle boom is accelerating the arrival of peak gasoline

China has issued new oil product export quotas to allow oil companies to send surplus barrels overseas, particularly Sinopec, which has the highest volume among quota holders. While the exact quota volume remains undisclosed, oil companies are forecasted to export approximately 3.5 million metric tons of clean oil products in September, a 10% increase from August. This move is seen as a strategy to support industrial activities, boost the country's economy, and sustain crude oil imports. Th...