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The Latest Breaking News from Sinopec

Sri Lanka Signs Landmark $3.7 Bn Deal With Chinese State Oil Giant

Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday.

International Business Times

Origin Energy defends complex switch to renewables, gas

As China pushes for cheaper Australian LNG, shareholders of energy retailer and east coast gas producer Origin Energy have been warned of a "messy" transition.

AAP

US company signs agreement to enter retail fuel market in crisis-hit Sri Lanka

A U.S. petroleum company has signed an agreement with Sri Lanka allowing it to import and sell fuel in the country as the Indian Ocean nation grapples with an economic and energy crisis

The Independent UK

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China's Sinopec signs agreement to enter retail fuel market in crisis-hit Sri Lanka

Chinese petroleum giant Sinopec has signed an agreement with Sri Lanka to enter its retail fuel market

The Independent UK

China’s Sinopec to Take 5% Share in Qatar’s North Field East

China's state-owned oil and gas giant Sinopec will take a 5% stake in Qatar's North Field East expansion, part of the world's largest liquefied natural gas (LNG) project, state news agency QNA reported on Wednesday. QatarEnergy had said previously that it could give up to a 5% stake in the…

Asharq Al-Awsat

Factbox-China's energy investments in Russia

Chinese state energy giants have made a number of multi-billion dollar investments in Russia, one of China's top oil and gas suppliers, across various stages of the energy supply chain.

Reuters

China Green Bulletin: Chinese Lithium Firms Have Bolivia in the Crosshairs

The South American country has the world’s largest reserves of the key EV battery raw material, but political and practical obstacles have prevented the nation from becoming a significant global supplier

Caixin Global

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How will Raisi’s Beijing visit affect Iran-China ties?

Tehran wants to expand ties with its ‘strategic’ partner, but it faces serious hurdles.

Al Jazeera

China's CNPC Set to Seal Mega Qatari LNG Deal

China National Petroleum Corp (CNPC) is close to finalizing a deal to buy liquefied natural gas (LNG) from QatarEnergy over nearly 30 years from the Middle Eastern exporter's massive North Field expansion project, three people with knowledge of the matter told Reuters. If sealed, this would be the second such…

Asharq Al-Awsat

Saudi Arabia, China to Implement Refining and Petrochemical Projects

Saudi Arabia and China intend to explore cooperation opportunities in refining and petrochemical projects after the significant energy companies signed memorandums of understanding (MoU) to implement several projects. Saudi Aramco, Chinese Petroleum and Chemical Corporation (Sinopec), and SABIC are exploring cooperation opportunities in refining and petrochemical projects in China and…

Asharq Al-Awsat

Factbox-Saudi-China energy, trade and investment ties

Saudi Arabia and China signed a series of agreements during President Xi Jinping's visit to the kingdom, demonstrating deepening ties between the two countries that Riyadh's traditional ally the United States is warily watching.

Reuters

Qatar Signs 27-Year LNG Deal with China

QatarEnergy has signed a 27-year deal to supply China's Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Following Russia's invasion of Ukraine in February, competition for LNG has become intense, with Europe in particular needing vast…

Asharq Al-Awsat

Aramco, Sinopec Sign New MoU

Aramco and China's oil refiner Sinopec signed a Memorandum of Understanding on Wednesday in Riyadh for multiple potential collaborations in Saudi Arabia. The MoU outlines pathways for strategic cooperation between Aramco and Sinopec and supports the long-term relationship between the two companies and their existing joint ventures in China and…

Asharq Al-Awsat

Australia’s rotten gas cartel is a climate, economic and fiscal criminal

Who’s responsible for the looming gas supply crisis the ACCC has warned about? A cartel of mostly foreign gas suppliers exploiting market power.

Crikey

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Asharq Al-Awsat

Fire at Sinopec Shanghai Petchem Plant Kills One

A fire broke out at a Sinopec Shanghai Petrochemical Co Ltd plant in Shanghai early on Saturday, killing one person, the company said. Roaring fire was seen engulfing part of a sprawling factory, emitting columns of thick black smoke, in a video posted on Twitter by the state-backed Shanghai Daily.…

Benzinga

6 High-Yield Dividend Stocks To Buy And Hold In A Volatile Market

During periods of stock market weakness, investors can still generate yield from high-quality dividend stocks. The Federal Reserve has already raised interest rates by 0.75% so far in 2022, but there are plenty of high-yield dividend stocks paying 6% or more at current prices.

Benzinga

7 Best Energy Stocks To Buy With Over 6% Dividend Yields: Ecopetrol, Energy Transfer LP And More

One of the only sectors of the market that is skyrocketing amid broad market weakness in 2022 is the energy sector.

InsideEVs

China: NIO Celebrates 900th Battery Swap Station

NIO installed 900 EV battery swap stations in China. The deployment continues "to provide a charging experience beyond refueling."

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Al Jazeera

Russia-Ukraine latest updates: Biden defends Putin remarks

Ukraine news from March 28: Joe Biden refuses to backtrack after saying Vladimir Putin ‘cannot remain in power’.

Caixin Global

Sinopec Expects 2021 Net Profit More Than Doubled to Up to $11.5 Billion

As China’s economy improved, the state-owned oil giant profited from rising crude prices and growing demand for oil products

People

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International Atomic Energy Agency

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