Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

China’s top oil and gas companies are selling off underperforming assets and streamlining operations as part of ongoing ...

SINOPEC Engineering (Group) Co., Ltd. is a holding company that is engaged in oil refining and chemical industries. It operates through the following segments: Engineering, Consulting and ...

Sri Lanka's foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state energy giant Sinopec to fast-track a proposed $3.7 billion oil refinery ...

Officials signalled in 2023 that they would award the contract to Sinopec after another bidder pulled out. Sri Lanka sits astride the world's busiest shipping route, which links the Middle East ...

SINGAPORE: 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 ...

Sinopec Shanghai Petrochemical Company said on Tuesday it will upgrade its operations by investing 21.31 billion yuan ($2.91 billion). To maintain its capacity in crude oil processing and make ...

Sinopec, China's state-owned and largest oil refiner, signed an agreement with Sri Lanka's energy ministry to invest $3.7 billion in a state-of-the-art oil refinery with a capacity of 200,000 ...

Short selling $65.80M; Ratio 22.739% 's trading arm, Unipec, chartered a number of supertankers last Friday (10th), shoring up the freight rate sharply for each VLCC carrying 2 million barrels of ...