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Sinopec unsure on Kuwait role in China refineryAsia's largest refiner Sinopec has yet to decide whether to build a $9 billion refinery in Southern China's Zhanjiang by itself or in a joint venture with Kuwait Petroleum Corporation (KPC) and Total. KPC is keen to gain a More… |
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Sinopec to stop buying Iran condensate in Q3The Tianjin refinery, owned by China's Sinopec Corp, will stop buying condensate from Iran's South Pars field from July through September partly because of a planned major plant overhaul, an industry official said. China, Iran's largest oi More… |
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Sinopec Yanbu refinery due online in 2014A major Red Sea oil refinery joint venture between Saudi Arabia and China is expected to be working by November 2014, the venture's chief executive officer told Reuters on Monday. Yanbu Aramco Sinopec Refining Company's (Yasreef) 400,000 b More… |
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Sinopec to build oil storage in UAE portSingapore-based Concord Energy and China's Sinopec will start to build oil storage in the UAE port of Fujairah within two months, a source at Concord Energy said on Wednesday. Traders are rushing to secure oil storage outside the More… |
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Sabic, Sinopec launch work on new China complexWork on a major polycarbonate production complex, being built by a joint venture of Sabic and Sinopec in China, was launched today (April 3). The ground-breaking ceremony for the Sinopec Sabic Tianjin Petrochemical Company’s (SSTPC) 260,00 More… |
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Sabic, Sinopec in talks over $5bn methanol plantSaudi Basic Industries Corporation (Sabic) and China Petroleum & Chemical Corp (Sinopec) have started negotiations with Trinidad and Tobago to build a $5.3 billion methanol complex there, Sabic said on Saturday. Sabic and its Chinese More… |
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Sabic, Sinopec to build new plastics plantThe Saudi Basic Industries Corporation (Sabic) and the China Petroleum and Chemical Corporation (Sinopec) signed a protocol of cooperation in Riyadh, which includes joint investment to build a new polycarbonate plant. The protocol of coope More… |
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Aramco in deal to boost capacitySaudi Aramco expects to raise its refining capacity to eight million barrels per day (bpd) as it increases downstream investments, its chief executive officer said, after signing a $10 billion refinery deal with China's Sinopec Group. More… |
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Sinopec, Total pour $4.5bn into US shaleChina's Sinopec and France's Total SA made major purchases into the US energy sector on Tuesday, pouring $4.5 billion into deals to buy into booming production from shale rock formations. The ventures show More… |
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Senior Chinese official visits SabicA high-level delegation from China visited the Saudi Basic Industries Corporation (Sabic) headquarters in Riyadh recently, in a strong sign of the company’s growing business profile in China. The delegation comprising He Lifeng, vice party More… |
