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Sinopec Engineering bags EPC contract for chemical project

SINOPEC Engineering (Group) Co., Ltd. announced that the Company and Zhong Tian He Chuang Energy Corporation Limited entered into an EPC contract for the development of a new coal chemical project (the Project) in Uxin Banner, Ordos, Inner......【More】

2014-01-03

SABIC, China study new business opportunities

SABIC welcomed a high-level Chinese delegation from the Jiangsu Province, led by Vice Governor Fu Ziying, at its headquarters in Riyadh on Sunday, at a time when the booming manufacturing sector in China is creating new opportunities for th......【More】

2014-01-02

Sinopec profit increases more than 10 bln yuan

Profits of oil giant China Sinopec increased more than 10 billion yuan (1.6 billion U.S. dollars) in the first eleven months Huang Shuhe, vice chairman of the State-owned Assets Supervision and Administration Commission (SASAC), said the co......【More】

2013-12-31

China's SWS aims to break into Malaysia's O&G industry

Shanghai Waigaoqiao Shipbuilding Offshore Co Ltd (SWS), a China offshore solutions provider for the oil and gas industry, is eager to tap Malaysias growing industry by offering its solutions here. Malaysia has been an active investor in the......【More】

2013-12-30

Russia to start crude supplies to China across Kazakhstan from January

Russias crude supplies to China transited across Kazakhstan in line with a respective Russian-Kazakh agreement will make up 7 million tons a year, with the figure possibly to be brought up to 10 million tons, 1prime.ru reports, citing Russi......【More】

2013-12-27

Kuwait’s crude oil exports to China about 180,000 bpd

Kuwaits crude oil exports to China in the January-November period stood at 8.21 million tons, equivalent to around 180, 000 barrels per day (bpd), the latest government data showed. In November alone, Kuwaits shipments to the worlds second-......【More】

2013-12-26

Chemical brothers bond for strength

Switzerland-based chemicals major Ineos Group Ltd is banking on its upcoming projects in China to drive growth in the rapidly changing global energy market. Chinas huge petrochemicals market and steady demand are key factors propelling grow......【More】

2013-12-25

China to evacuate South Sudan oil workers to capital

China National Petroleum Company , a main oil investor in South Sudan, is evacuating oil workers to the capital, Juba, amid continued fighting in the worlds newest country, a company official and state media said on Friday. State news agenc......【More】

2013-12-24

Formosa Chemicals to sell petrochemical stake

Formosa Chemicals Fibre Corp on Friday said it plans to sell a maximum of 51.6 million shares of affiliate Formosa Petrochemical Corp by the end of the second quarter next year. The announcement, made by the supplier of aromatics and styren......【More】

2013-12-23

Siemens wins decentralized energy demonstration project in China

Siemens Energy has won the first Decentralized Energy (DE) demonstration project in Guangdong Province and will provide two SGT-400 gas turbines units for Guangzhou Aotou Decentralized Energy Station. The customer is Guangzhou Electric Deve......【More】

2013-12-20