SINOPEC CORP (00386.HK)'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 crude oil, report ...

The President’s Media Division yesterday revealed that a $ 3.7 billion investment by leading Chinese global petroleum firm Sinopec was formalised with the signing of an agreement with the Ministry of ...

Sri Lankan President Anura Kumara Dissanayake's recent visit to China has bolstered strategic ties between the two nations.

Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI.

One wonders as to what President Anura Kumara Dissanayake would have come up with regarding the MOU which Sri Lanka has ...

China's oil demand and refinery throughput declined in 2024 for the first time in decades, driven by a shift towards electric vehicles and LNG trucks.

Although they have not been included in the total production capacity for the time being due to the low stability of the plants, the overall production capacity is still expected to continue to rise.

Chinas oil refining sector is bracing for significant disruptions as fuel demand peaks earlier than expected and Beijing ...

Sinopec, China's state-owned and largest oil refiner, signed an agreement with Sri Lanka's energy ministry to invest $3.7 ...

In the largest foreign investment ever, Sri Lanka has signed a deal worth $3.7 billion with China for the construction of an ...

Worst off are independent fuel producers known as teapots, mostly located in east China's Shandong, which make up a quarter ...