Sinopec gas station stands in front of a Sinopec oil refinery. Bloomberg via Getty Images But there are now ... China has been steadily building more petrochemical plants in order to become ...

Sinopec Fuel Oil Lanka (Pvt) Ltd. (SFOL) has introduced of High Sulphur Fuel Oil (HSFO) to the Sri Lankan market for bunkering, a move that is set to transform the country’s maritime fuel sector. This ...

Sinopec is also likely to be building fuel inventories ahead of planned refinery maintenance at several subsidiaries starting at the end of February, one China-based trade source said. At least ...

Sinopec Fuel Oil Lanka (Pvt) Ltd. (SFOL) has announced the introduction of High Sulphur Fuel Oil (HSFO) to the Sri Lankan market for bunkering, a move that is set to transform the country’s ...

Chemical feedstock, such as naphtha, fell 5.8%, Sinopec said. Output of ethylene, a key building block for petrochemicals from plastics to synthetic fibre, decreased 5.9% at 13.47 million tons.

Another reason for Sinopec’s ramp-up is building inventories before it starts shutting down capacity for maintenance in spring. Per Reuters data from trading sources, some 700,000 bpd in ...

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 ...

China Petroleum & Chemical Corporation, or Sinopec, saw its refinery throughput drop by 2.03% in 2024 from a year earlier, the biggest Chinese refiner said on Friday. Sinopec’s refinery ...

During his visit to China from January 14-17, Sri Lankan President Anura Kumara Dissanayake secured several agreements, including a $3.7 billion deal with Sinopec to set up an oil refinery in ...