Tag Archives: Sinochem

Chinese energy and chemicals giant Sinochem Group is in discussions to sell its 40% stake in a producing oilfield offshore Brazil, Bloomberg reported on Friday, citing sources with knowledge of the talks. Sinochem, which paid $3.07 billion for a 40% stake in the Peregrino oil and gas field in the …

Sabic was formed in the 1970s to make use of byproducts from refineries.

The biggest boost to Saudi exports to China comes from contracts inked with new refineries starting up this year and next.

Aramco signed five new crude oil supply agreements with five Chinese customers in Shanghai in early November.