China's Luoyang Petrochemical, a subsidiary refinery of state refining giant Sinopec , has closed its two crude oil units for maintenance until the end of November, three sources familiar with the matter said.
China's Sinopec , the world's biggest refiner by capacity, signed an agreement with South Korea's LG Chem on Tuesday to jointly develop sodium-ion battery materials, in its first push into new energy and higher-value petrochemicals.
China's largest oil refiner, Sinopec Group , is in talks to buy China National Aviation Fuel Group, the country's leading jet fuel distributor, in a government-initiated move, Bloomberg News reported on Monday, citing people familiar with the talks.
The latest U.S. sanctions on Iranian petroleum exports deal a blow to Chinese refining giant Sinopec by targeting a terminal through which the state major handles one-fifth of its crude oil imports, industry executives and analysts said.
China's Sinopec has begun construction to upgrade its integrated refining and petrochemical project in the oil- and gas-rich Xinjiang region, the world's largest refiner by capacity said on Saturday.
Chinese oil major Sinopec announced on Wednesday the establishment of a specialised company focused on environmental governance in Guangzhou, a southern city in China.
China's state oil and gas major Sinopec Group said it has signed a contract to explore a natural gas block in Algeria that potentially holds large shale gas resource.
Top Chinese refining major Sinopec Corp will prioritise "risk control" in purchasing Russian oil, which has similar quality for its value versus competing global supplies, a top company executive said on Monday.
Sinopec Corp said on Monday the Chinese government has certified about 180 million metric tons, or about 1.3 billion barrels, of new geological reserves at two of its shale oil plays.
Algeria's state oil and gas firm Sonatrach and China's Sinopec signed a contract for hydrocarbon development and exploration worth $850 million in the north African country, the Algerian company said on Tuesday.
China's Sinopec plans to raise crude throughput next month by 100,000 to 150,000 barrels per day (bpd) from January to meet a rise in travel demand during the Lunar New Year holiday and compensate for run cuts at independent refiners, trade sources said.
China Petroleum & Chemical Corp, or Sinopec Corp , said on Friday it processed 2.03% less crude oil in 2024 versus 2023 and its diesel output tumbled 10.27% over the previous year.