close
This ad will auto close in 10 seconds

GM of China's largest oil refiner under investigation

The general manager of China's largest oil refiner, Sinopec, has been placed under criminal investigation amid an ongoing crackdown on corruption.

Alibaba helps Sinopec with cloud computing, big data

The link-up was for technical services and did not involve equity cooperation, China Petroleum & Chemical Corp, or Sinopec, said on its official microblog. It did not say how much money was involved.

China Sinopec unit to sell 30% stake

Chinese oil giant Sinopec will sell a 30 percent stake in its marketing arm to outside investors for more than $17 billion.

China shuts down damaged Sinopec pipeline

China Wednesday permanently shut down a section of an oil pipeline in east China's coastal Qingdao city after it suffered heavy damage following the recent deadly explosions that killed 55 people.

China`s Police detain nine after Qingdao oil blasts: Report

Chinese police have detained nine people in connection with oil pipeline explosions last week that killed 55 people in the eastern port city of Qingdao, state media reported.

China oil pipeline explosion kills 35 people

An explosion due to fire in a leaking oil pipeline killed at least 35 people and wounded dozens others in the city of Qingdao in China on Friday.

French oil giant sells stake in Nigerian offshore

French oil giant Total has announced that it has sold 20 percent of its stake in a Nigerian oilfield to Sinopec, a subsidiary of China Petrochemical Corporation.

Sinopec to pay $1.1 bn for extra equity in APLNG

China's Sinopec will pay USD 1.1. billion to take an additional 10 percent interest in the USD 20 billion Australia Pacific LNG project, bringing the total equity it has in it to 25 percent, Australia's Origin Energy said on Monday.

Sinopec finds deepest gas field in China

China's energy company Sinopec said it has discovered a natural gas field with around 160 billion cubic meters of proven reserves, deposited nearly 7 km underground.