Latest news

China's Sinopec plans to produce over 30 bcm natural gas in 2020

China Petroleum & Chemical Corp, or Sinopec, said on Thursday it plans to produce more than 30 billion cubic metres (bcm) of natural gas in 2020, marking an increase of just 1.1% from its output in 2019.

read more... 19/11/2020

news

China natural gas demand to grow by over 80% by 2030: Sinopec

State-owned Sinopec expects China's natural gas demand to increase by 82% to 510 Bcm in 2030, from 280 Bcm in 2018, driven by continued industrial upgrading and urbanization.

read more... 24/10/2019

news

Repsol Sinopec eyes extra 10 million barrels from North Sea assets

Repsol Sinopec Resources UK has started working on projects across a number of its assets in the UK North Sea that should realize in the region of an additional 10 million barrels of oil equivalent (boe), beginning later this year.

read more... 22/04/2019

news

Repsol Sinopec launches gas output at North Sea Cayley field

Repsol Sinopec declared on Wednesday it had launched gas production from a new field in the North Sea in a boost to the developing basin just days after EnQuest brought a new oil field online.

read more... 29/06/2017

news

China: huge shale gas well was discovered

China has announced last week that its top refiner Sinopec Corp has discovered a shale gas well in the Guizhou Province in the southwestern part of the country. Located at a depth of 4,417 metres, the well is thought to be the deepest discovery and is likely to have a maximum daily output of 105,000 cubic meters, while the nation’s Ministry of Land and Resources said the gas well is expected to have an average daily output of 43,000 cubic metres.

read more... 17/02/2014

news