China Petroleum Chemical Corporation, or Sinopec Corp., has proposed to build an ethylene plant in Qingdao, located in East Chinas Shandong province. The proposal is for setting up 1 million tons per year ethylene complex at a cost of 18.79...

Sinopec Engineering (Group) Co., Ltd. (SEG) announced Saturday that a crawler crane with the largest hoisting capacity in the world was put into use. The crane, with the maximum lifting capacity of 4,000 tonnes, successfully lifted and inst...

China Petroleum Corp. said it took a stake in an oil field in Angola that is predicted to hold more than 500 million barrels of oil reserves. China Petroleum Corp., known also as Sinopec, paid $1.52 billion to Marathon Oil Corp. to purchase...

Chinese offshore pure play oil and gas exploration and production (EP) company, CNOOC Ltd. ( CEO ) recently brought online the oil field Wenchang 8-3E. Located in the western Pearl River Mouth Basin, Wenchang 8-3E oilfield is part of the fo...

The environmental impact assessment for a controversial chemical project was made public on Tuesday in the latest move to dispel residents fears by the plant owner and city authorities in Kunming. Released on the website of the China Nation...

China Petrochemical Corporation (Sinopec) said on Saturday that it has completed the purchase of 50 percent of Chesapeakes share in its Mississippi Lime assets for $1.02 billion. Chesapeake is the second-largest natural gas developer in the...

Beijing: State-owned Chinese leading oil refiner, Sinopec, announced this weekend that the company had completed the purchase of 50% of Chesapeakes stakes in its Mississippi oil and natural gas assets for $1.02bn. Sinopec acquires 425,000 a...

The Nantong Petrochemical Product Exchange Center opened in Nantong, Jiangsu province, on June 26 with the establishment of 11 enterprises and six financial service institutions, Nantong Economic and Technological Development Area (NETDA) r...

Sinopec Group discloses that Sinopec Zhenhai Refining Chemical Company, a unit, sets to expand production and output capacities will come to 41 million tons of refined oil and 2.2 million tons of ethylene each year; the capacities will jump...

Kuwait became Chinas No.1 supplier of liquefied petroleum gas (LPG) in May, accounting for almost half of the Asian nations total LPG imports, the latest government data showed. Kuwaits LPG exports to China surged 61.0 percent from a year e...