Refiners remain active. According to Reuters, China’s surplus crude inventories surged by 1.3 million barrels per day in June ...

Saudi Arabia is poised to increase its crude oil exports to China, reaching their highest level in over two years. The move ...

By Siyi Liu and Trixie Yap SINGAPORE (Reuters) -Chinese state-owned refiners are ramping up output after completing maintenance to meet higher third-quarter fuel demand and to rebuild diesel and ...

Saudi Arabia's crude oil exports to China are set to rise to the highest in more than two years in August, five trade sources ...

Sinopec is also likely to buy a piece in Chesapeake's Mississippi Lime play. McClendon's land machine has acquired the biggest position in the Mississippi, roughly 2 million acres.

China Petrochemical Corp, or Sinopec, said on Monday it started building a carbon capture, utilisation and storage (CCUS) project in east China, the largest of its kind in the country, as part of ...

China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028) today announced its interim results for the six months ended 30 June 2023.

Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's adjusted EBITDA covered its interest expense by 11 times in 2023, with net gearing ratio of 0.12 ...

The Chinese oil major, better known as Sinopec, said Sunday that net profit for the year rose to 71.975 billion yuan ($11.31 billion) from CNY33.44 billion in 2020 as demand and gross margins of ...

Sinopec would retain 70.01% of the retail unit, which operates more than 30,000 gasoline stations and 23,000 convenience stores in some of the richest areas of China. The unit, Sinopec Sales, also ...

Sinopec (SNP) is one of the largest energy companies in the world, trading at a discounted valuation. See why I believe investing in SNP stock is risky.

Sinopec’s annual profits declined 13%, after oil prices fell and Chinese refiners posted a record year for processing and imports.. China’s largest fuel processor, officially known as China ...