China Petroleum & Chemical Corp (SNP.N)
BEIJING - China will allow oil companies to play a bigger role in determining the import price for jet fuel from March, the country's top planning body said on Saturday, state media reported.
- Clyde Russell is a Reuters columnist. The views expressed are his own. -
SINGAPORE - Unipec, the trading arm of China's Sinopec, bought a rare gasoil cargo from India's Mangalore Refinery and Petrochemical Ltd, trade sources said on Friday.
BUENOS AIRES, Jan 28 - Argentina's YPF on Wednesday signed a preliminary agreement with China's Sinopec to enter a new joint venture exploring for oil and gas in the South American country, the state-run Argentine energy firm said.
BEIJING - Tumbling world oil prices sparked a buying spree by China that led to record crude imports in December, according to Reuters estimates that suggest the top energy consumer doubled the oil put aside for strategic reserves in 2014 compared with 2013.
* National energy giants say still committed to shale spending
* Sinopec plans to offload Australian, Papua New Guinea supplies
BEIJING, Nov 25 - China's Sinopec opened a new 16-million-barrel commercial crude storage base in southern China's Hainan province last week, receiving a first crude shipment of 100,000 tonnes, or roughly 5 percent of its tank space, the state energy group said.
CALGARY, Alberta, Nov 10 - Sinopec Corp's Canadian unit has agreed to pay a C$150,000 ($132,000) fine for spilling nearly 2,500 barrels of contaminated water into a northern Alberta creek in 2012, regulators in the Western Canadian province said on Monday.
* Sinopec exec outlines use of stake sale proceeds to analysts