China Petrochemical Corp said it had acquired a 49 percent stake in the UK subsidiary of the Canada-based Talisman Energy Inc for $1.5 billion.
China Petrochemical Corp's international unit is weighing Canada's new foreign-takeover rules and believes there are still opportunities to invest in the nation's oil sands.
Sinopec started a new crude distillation unit at its Maoming refinery this month, bringing the facility's capacity to more than 20 million metric tons a year.
Three Chinese big oil companies are accelerating the setting up of LNG stations all over China, thanks to energy conservation and emission reduction policies.
China Petrochemical Corp, known as Sinopec group, has reached an agreement to purchase a Nigerian oil field with France's Total ADR.
Since Chengyu became chairman of Sinopec, the company has made more than $10 billion in overseas investments in the past two years.
Refineries owned by China's two oil giants, PetroChina Co Ltd and Sinopec Corp, plan to process some 31 million metric tons of crude oil in November.
Sinopec International (Hong Kong) Co Ltd, a fully owned subsidiary of Sinopec, will buy a 25 percent stake in a Russian synthetic rubber plant.
China National Petroleum Corporation reported one-third less profit in the third quarter from a year before, financial documents showed on Tuesday.
Investment in geological exploration over the past decade surged in China as rapid urbanization boosted market demand for energy resources.
China Petroleum and Chemical Corp said on Sunday that its net profits for the third quarter dropped 9.38 percent year-on-year to 18.33 billion yuan.
Sinopec Group has started work on China's first shale gas production demonstration area in Liangping county in Southwestern China's Chongqing municipality, the Chongqing Daily reported on Wednesday.
China Petroleum & Chemical Corp, also known as Sinopec, Asia's biggest refiner, ditched a $2 billion bid for China Gas Holdings Ltd after a 10-month tussle, opting to form a partnership to tap local demand for natural gas.
China Petroleum & Chemical Corp, Asia's biggest refiner, and China Gas Holdings Ltd are to form two joint ventures to jointly expand China's retail market.
A Hong Kong-listed subsidiary of China Petrochemical Corp, or Sinopec Group, agreed to buy a 50 percent stake in a European liquid bulk storage and terminal operator.
Sinopec Group is building what experts predict will become the largest oil storage terminal in Southeast Asia, in the Batam free trade zone in Indonesia.
China is exploring an optimized energy structure by tapping into shale gas resources through the joint efforts of authorities, firms and researchers.
The European Aircraft maker Airbus SAS and China Petroleum & Chemical Corp, or Sinopec, the country's largest fuel supplier, have agreed to work together to develop cleaner jet fuel in China.