Sinopec discovers new shale oil reserve in Sichuan Basin
Fuxing oilfield in the Sichuan Basin, the first shale oilfield in the country’s southwestern region. (PHOTO / SINOPEC)…
Brazil oil auction draws renewed offshore exploration interest
(Bloomberg) – Brazil sold five of the seven blocks offered in an oil auction on Wednesday to majors…
Sinopec diverts supertanker from US-sanctioned port, ship tracking data shows
(Corrects October 13 story to remove reference to Sublime China Information research note) By Florence Tan SINGAPORE (Reuters)…
Sinopec diverts VLCC from US-sanctioned port, ship tracking data shows
The terminal, in the city of Lanshan in Shandong province, a major Chinese oil refining hub, was sanctioned…
China and Iceland issue joint statement on geothermal and green transition cooperation
Icelandic President Halla Tómasdóttir and Chinese President Xi Jinping (source: Arctic Green Energy) Iceland and China have agreed…
Analysis-China accelerates oil reserve site build amid stockpiling drive
(Reuters) -China is building oil reserve sites at a rapid clip as part of a campaign to boost…
China accelerates oil reserve site build amid stockpiling drive
China is building oil reserve sites at a rapid clip as part of a campaign to boost crude…
Solar energy milestone: China taps the ocean in breakthrough for industry
China has launched a fully seawater-based solar energy system – the first of its kind suitable for industrial…
Galp eyes 40 per cent oil output rise in Brazil with new field
“Once the FPSO reaches plateau over the next few years, Galp’s production in Brazil will increase by around…
Sinopec Sets New Vertical Well Depth Record of 5,300 Meters
BEIJING, May 14, 2025 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has announced a major shale…