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Sinopec Shengli Oilfield CCUS project sequesters over 1.3 billion m3 of CO2

Guangzhou (JLC), March 30, 2026--The CCUS project operated by Sinopec Shengli Oilfield has sequestered more than 1.3 billion m3 of CO₂, signifying a substantial breakthrough in China's large-scale car

03-30-2026 19:15:49

Sinopec Hainan sees EIA approval for crude adaptability project

Guangzhou (JLC), March 9, 2026--Recently, Sinopec Hainan Refining & Chemical's environmental impact assessment (EIA) report for its crude adaptability retrofit project was approved.

03-09-2026 19:03:22

INE crude price rises as OPEC+ maintains decision to halt output hikes

Guangzhou (JLC), December 1, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Monday due to OPEC+'s reaffirmation of a pause in output increas

12-01-2025 19:01:18

China INE crude price retreats on OPEC’s oversupply forecast

Guangzhou (JLC), November 13--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after OPEC forecast a supply surplus next year.

11-13-2025 19:06:23

China INE crude price rallies as OPEC+ to pause output hikes in Q1 2026

Guangzhou (JLC), November 3--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded Monday after OPEC+ announced plans to pause output hikes in the first quarter

11-03-2025 18:54:22

Sinopec records slower drop in crude runs in first three quarters

Guangzhou (JLC), October 30, 2025--Sinopec recorded a slower decline in its refining throughput in the first three quarters of 2025, compared with the first two quarters, due to less unit maintenance.

10-30-2025 18:00:59

China INE crude price dips as OPEC+ may boost output further

Guangzhou (JLC), October 28--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid the possibility of another output boost by OPEC+.

10-28-2025 18:31:53

Sinopec Qingdao procures first-batch of Gindungo crude

Guangzhou (JLC), October 23, 2025--Sinopec Qingdao Refining & Chemical completed its first import of Angolan Gindungo crude recently, Sinopec reported on its official news website on October 23.

10-23-2025 17:31:20

Sinopec imports Agogo crude from Angola for first time

Guangzhou (JLC), October 23, 2025--UNIPEC, acting as an agent for Sinopec Maoming Petrochemical, imported the Agogo crude from Angola for the first time, Sinopec reported.

10-23-2025 16:12:45

China INE crude price slips as OPEC+ may raise output further

Guangzhou (JLC), September 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid expectations of a further production increase by OPEC+

09-30-2025 18:30:57

Sinopec trims Shengli crude price for September

Guangzhou (JLC), September 28, 2025--Sinopec marked down its Shengli crude price for September 2025, following drops in international crude prices, according to refiner sources in Shandong.

09-28-2025 14:50:55

China INE crude price rallies on OPEC+ compensatory output cuts

Guangzhou (JLC), September 9, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday due to compensatory production cuts by certain OPEC+ members

09-09-2025 18:52:27

China INE crude price down on further output boost by OPEC+

Guangzhou (JLC), September 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday after OPEC+ decided to further ramp up output in Octo

09-08-2025 18:14:59

China INE crude price retreats on possible OPEC+ output hike

Guangzhou (JLC), September 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday amid the potential for further output increases by OPEC+ an

09-04-2025 18:37:20

Sinopec’s net profit tumbles by 39.8% in H1 2025

Guangzhou (JLC), August 22, 2025--Sinopec recorded a plunge of 39.8% in its net profit for the first half (H1) of this year, according to its semi-annual report for 2025.

08-22-2025 18:48:24

Sinopec to cut its annual crude runs in 2025

Guangzhou (JLC), August 22, 2025--Sinopec will cut its refinery crude runs in 2025, in contrast to its previous plan for an increase of about 2.70 million mt.

08-22-2025 16:57:06

Sinopec likely to hike crude runs in H2 2025

Guangzhou (JLC), August 11, 2025--Sinopec is likely to hike its refinery crude runs in the second half of 2025 (H2 2025), judged from the company's crude runs in H1 and its plan for the whole year.

08-11-2025 19:10:23

China INE crude price extends losses on OPEC+ output hike

Guangzhou (JLC), August 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Monday after OPEC+ agreed to hike output in September.

08-04-2025 18:37:42

Sinopec discovers first shale oil field in Sichuan Basin

Guangzhou (JLC), August 4, 2025--Sinopec has recently discovered geological reserves of about 20.10 million mt of oil and 12.35 billion cubic meters of natural gas in the Fuxing Oilfield in the Sichu

08-04-2025 18:27:09

Sinopec Yanshan Petrochemical restarts No. 4 CDU

Guangzhou (JLC), July 29, 2025--Sinopec Yanshan Petrochemical successfully fed crude oil into its No. 4 crude distillation unit on July 27, the company said on its official Wechat account on Tuesday.

07-29-2025 15:55:43

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