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Oil Price
Oil prices slide 3% on prospect of more OPEC+ oil
A view shows Atyrau Oil Refinery owned by Kazakhstan's state energy company KazMunayGas in the city of Atyrau, Kazakhstan, November 15, 2023. REUTERS/Turar …
Oil & Gas Supply
OPEC+ Discussing Delay to Planned Oil Output Hike in October, Sources Say
A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leo…
Oil Price
Oil Extends Losses on Prospect of Higher OPEC+ Supply
A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28 , 2024. REUTERS/Leonha…
Geothermal Heating Project
Sinopec approves geothermal pilot project in dagang oilfield, China
Beijing skyline, from Jingshan Park (source: flickr/ Caitriana Nicholson, creative commons)The China National Petroleum Corporation (Sinopec) through the Oil, G…
Oil&Gas Drilling
China's Sinopec Strikes Large Oil, Gas Flow at South China Sea Well
China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea, it said on Wednesday.Th…
Hydrogen Project
ACWA Power and SINOPEC Forge Hydrogen and Ammonia Ties
ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, has signed a memorandum of und…
Oil Price
Hedge Funds Rebuild Oil Position After OPEC⁺ Round Trip
The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard …
Oil & Gas Supply
Russia's Oil Output Exceeded OPEC+ Quotas in May, Pledges to Meet Obligations
A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo…
Oil & Gas Trade
Algeria's Sonatrach, China's Sinopec Sign MoU to Expand Cooperation - Statement
The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 25, 2019. Picture taken November 25, 2019. REUTERS/R…
Oil & Gas Trade
Sinopec Unit Agrees $1.1 Bln Deal to Build Gas Pipelines for Saudi Aramco
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July …
Oil & Gas Trade
Petronas Signs Energy MoU With Sinopec
'The collaboration will focus on sustainable growth in the areas of commodity and specialty chemicals, crude oil and liquefied natural gas trading, lubrican…
Oil & Gas Trade
OPEC+ Extends Deep Oil Production Cuts Into 2025
Vienna, June 19, 2018. REUTERS/Leonhard Foeger Purchase Licensing RightsOPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the …
Oil & Gas Trade
Energy Ministry: Russia Exceeded OPEC+ Quotas in April, Will Compensate
Russia exceeded its OPEC+ production quota in April for "technical reasons" and will soon present to the OPEC Secretariat its plan to compensate for the error, …
Oil & Gas Trade
Kuwait Petroleum Renews Oil Supply Deal With China's Unipec Until 2033
Kuwait Petroleum Corp (KPC) has renewed its contract to supply 300,000 barrels per day of crude oil to China's Unipec, the trading arm of Asia's largest…
Hydrogen Fuel Cell
Totalenergies and Sinopec Strengthen Cooperation
On the occasion of the state visit to France by the President of the People's Republic of China, TotalEnergies, represented by Patrick Pouyanné, Chai…
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