Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

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

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

BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run ...

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

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 ...

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.

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

Despite past criticisms, the government led by the National People’s Power (NPP) has taken steps to elevate Sino-Lanka ties ...

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