SINOPEC

Global Oil & Gas: LNG Project Sanctions Set to Surge in 2019

Posted on December 18, 2018December 18, 2018 by Mozambique Resources Post

Uncontracted demand by the world’s seven largest liquefied natural gas (LNG) buyers could increase four-fold to 80 million tonnes per annum (mtpa) by 2030, according to Wood Mackenzie.

Mozambique Oil & Gas: Sinopec could take stake in Rovuma gas basin through Galp

Posted on November 30, 2018 by Mozambique Resources Post

Chinese company Sinopec could take a stake in Portuguese oil company Galp Energia and is one of two major international oil firms interested, according to the weekly Jornal Economico.

Global Oil & Gas: China’s Sinopec Expects Best Quarter In Years

Posted on July 26, 2018 by Mozambique Resources Post

China Petroleum and Chemical Corp expects to report its best quarter since 2013, based on Reuters calculations on a company forecast, boosted by a “favourable” downstream refining business and resurgent crude oil prices.

Africa Oil & Gas: Sinopec offers $900m to in exchange of 75% of Chevron South Africa assets

Posted on February 9, 2018February 9, 2018 by Mozambique Resources Post

China Petroleum and Chemical Corporation (Sinopec) subsidiary SOIHL HK has just offered $900-million to acquire 75% interest in Chevron South Africa (CSA). The proposed deal is under consideration by the Competition Tribunal which has already promised its decision on Thursday.

Global Markets: China’s Sinopec nears deal to buy Chevron’s South African assets – sources

Posted on March 21, 2017 by Mozambique Resources Post

China’s Sinopec is nearing a deal to buy Chevron’s South African oil assets for up to $1 billion (807.1 million pounds) to secure its first major refinery on the continent, several people familiar with the matter said.

Mozambique Oil & Gas: The Plans of China towards Rovuma basin natural gas

Posted on April 16, 2015April 24, 2015 by Mozambique Resources Post

Mozambique has one of the world’s largest recently discovered natural gas reserves and is starting to receive the first investments at a time when the difficult economic situation in the raw materials market is leading to postponement of some projects, in addition to some political instability in the country. China dream is to turn Mozambique into a centre for natural gas exploration, according to Portuguese researcher Gustavo Placido dos Santos, who notes the East African…