Sinopec is currently the second largest oil and gas producer in China.
Read More »SOCAR Trading to Refocus on LNG Sales
SOCAR plans to increase its headcount in London. including with more LNG-focused hires.
Read More »Sinopec Launches $1.5 Billion Investment Company in China`s New Economic Zone
The parent company of Sinopec Corp. Sinopec Group is already operating thermal power business in Xiongan.
Read More »Japan Stops Imports of Oil from Iran
Oil supplies from Iran should be completely stopped by October.
Read More »Trade War Looms. U.S. LNG Exports to China Decline
The United States is expected to become the world’s third biggest LNG exporter by capacity in 2019.
Read More »OPEC Considers Measures in Case Adoption of US Bill against Oil Cartels
OPEC is consulting with lawyers to prepare a strategy to defend against proposed U.S. legislation that could open the cartel up to antitrust lawsuits.
Read More »Saudi Aramco is Looking to Buy a Stake in World`s No. 4 Chemical Firm
Aramco’s push into chemicals also includes a mega project it is building at home with SABIC.
Read More »Kurdish Oil Production Jumps by More Than 60%
Production from an oil reservoir in the Kurdish north of Iraq has increased by more than 60 %.
Read More »Russia Supplies North Korea with Oil Products
North Korea relies on imported fuel to keep its struggling economy functioning.
Read More »Iraq Puts Plans for a New Oil Company
Lawmakers passed a new law in March to establish the new national oil company.
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