Sri Lanka's foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state energy giant Sinopec to fast-track a proposed $3.7 billion oil refinery in ...
China Petroleum & Chemical, better known as Sinopec, is the listed arm of one of China's two integrated oil majors and one of Asia's largest refiners and chemical companies in terms of revenue.
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Sinopec’s 2024 oil and gas output rose 2.2% year on year, mainly attributable to 4.7% growth in natural gas output. Refining throughput was down 2.0% with lower diesel production partly ...