Opec

Battery
Sinopec and LG Chem Sign Agreement to Jointly Develop Sodium-Ion Battery Materials
China Petroleum & Chemical Corporation (Sinopec) and LG Chem announced a joint development agreement on key materials for sodium-ion batteries, aiming to advanc…
China
Yokogawa and Sinopec Engineering Collaborate for Global EPC Projects
Yokogawa Electric Corp. announced that its subsidiary, Yokogawa China, has signed a memorandum of cooperation (MoC) with Sinopec Engineering Group Co. Ltd (SEG)…
Oil Shale
Sinopec Announces Discovery of New Shale Oil Reserve in Southwest China
On October 23, 2025, Sinopec, China’s leading oil refiner, announced the discovery of a significant shale oil reserve in the Sichuan Basin, southwest Chin…
Crude Oil
China’s Sinopec Upgrading Xinjiang Refining and Chemical Projec
China’s Sinopec has launched construction work to upgrade its integrated refining and petrochemical project in Xinjiang, the company announced on Saturday…
Crude Oil
Russian Oil Output Rises in August, OPEC Data Shows
Russian oil production rose in August to 9.173 million barrels per day, an increase of 50,000 barrels per day compared with July, according to OPEC’s mont…
Green Hydrogen
Sinopec Wins Engineering Contract for Saudi Arabian Green Hydrogen Project
China’s Sinopec announced on Tuesday that it has entered into an agreement with Saudi Arabia’s ACWA Power to deliver engineering services for a significant gr…
China
China’s Sinopec Shanghai Petrochemical First Half Profit Slides
Sinopec Shanghai Petrochemical Co, a major Chinese refining and chemical company, recorded a net loss of 462.1 million yuan ($64.40 million) for the first half …
Oil&Gas Drilling
China’s Independent Oil Firms Elbow Into Iraq’s Majors-Dominated Market
China's independent oil companies are significantly increasing their investments in Iraq, a major OPEC producer, with plans to double their output to 500,00…
Solar Power Plant
Sinopec Launches First Floating Offshore Solar Plant in China’s Seawater Zone
China Petroleum & Chemical Corporation (Sinopec), in collaboration with Shandong Province and Qingdao Municipality, has begun operations at China’s first …
China
Marubeni and Sinopec to Explore Lower-Carbon Marine Fuels in Strengthened Collaboration
Marubeni Corporation, a Japanese conglomerate, has entered into a new strategic partnership with Sinopec Fuel Oil Sales, a subsidiary of China Petroleum & Chemi…
Oil Shale
With Output Hikes, OPEC+ Again Targets US Shale Oil
OPEC+, comprising member countries and non-member producers like Russia, has announced plans to increase oil production, aiming to reclaim market share from U.S…
Crude Oil
Russia’s Oil Producers Speed up Drilling as OPEC+ Curbs Ease
Russia’s oil industry has significantly increased drilling activities in early 2025, reaching levels not seen in at least five years. This surge aligns wi…
Oil&Gas Drilling
Drillers in Canada Shift to Natural Gas as Trade War Drives Down Oil Prices
In Alberta, Canada’s primary energy region, drilling companies are increasingly focusing on natural gas due to declining oil prices driven by global marke…
Crude Oil
Sinopec’s Quarterly Net Income Falls 28% on Slower Fuel Sales
On Monday, China Petroleum & Chemical Corp, known as Sinopec, reported a 27.6% decline in first-quarter net income compared to the previous year. The company, l…
Oil&Gas Drilling
Russia Oil Drilling at Fastest Pace in 5 Years as Curbs Ease
Russia’s oil producers have intensified drilling activities, reaching levels unseen in at least five years, preparing for potential increases in OPEC+ out…

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Opec

Sinopec and LG Chem Sign Agreement to Jointly Develop Sodium-Ion Battery Materials

Yokogawa and Sinopec Engineering Collaborate for Global EPC Projects

Sinopec Announces Discovery of New Shale Oil Reserve in Southwest China

China’s Sinopec Upgrading Xinjiang Refining and Chemical Projec

Russian Oil Output Rises in August, OPEC Data Shows

Sinopec Wins Engineering Contract for Saudi Arabian Green Hydrogen Project

China’s Sinopec Shanghai Petrochemical First Half Profit Slides

China’s Independent Oil Firms Elbow Into Iraq’s Majors-Dominated Market

Sinopec Launches First Floating Offshore Solar Plant in China’s Seawater Zone

Marubeni and Sinopec to Explore Lower-Carbon Marine Fuels in Strengthened Collaboration

With Output Hikes, OPEC+ Again Targets US Shale Oil

Russia’s Oil Producers Speed up Drilling as OPEC+ Curbs Ease

Drillers in Canada Shift to Natural Gas as Trade War Drives Down Oil Prices

Sinopec’s Quarterly Net Income Falls 28% on Slower Fuel Sales

Russia Oil Drilling at Fastest Pace in 5 Years as Curbs Ease