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Oil giant Sinopec sets up entity to invest in overseas refineries as it eyes global expansion in the face of waning Chinese demand

China’s Sinopec is setting up a new entity to invest in refinery and petrochemical assets overseas in a bid to leverage its expertise and deep pockets to expand globally as local Chinese oil demand nears a plateau.

South africaSaudi arabiaAl madinahUnited kingdomSri lankaExxonmobil altonaSushant guptaWood mackenzieSaudi aramcoAmur gas chemical complexEast siberia

Ampol posts record full-year profit, lifts dividends

Sanctions on Russia and a recovery in global demand for oil products drive Ampol to record year.

Western australiaExxonmobil altonaViva energy

Bunkerworld News - Australia to ban imports of Russian crude oil, refined oil products from April 25

Bunkerworld News - Australia to ban imports of Russian crude oil, refined oil products from April 25
bunkerworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bunkerworld.com Daily Mail and Mail on Sunday newspapers.

Western australiaSouth koreaExxonmobil altonaNortheast asiaSoutheast asia

Markets live, Wednesday April 13, 2022

The latest ASX live news from the Market Live team, including live ASX price, live ASX company news, and more.

Western australiaScott wyattExxonmobil altonaAltona lyttonAngus taylorViva energyEmissions reduction minister angus taylor

First Boost to Secure Emergency Oil Stockpiles in Australia

The Australian government has delivered its first payment to local oil refineries as part of a pledge to .

Western australiaAustralian capital territoryHunter laidlawMichael shoebridgeAmpol lyttonDaniel tengExxonmobil altonaAngus taylorSam mooy gettyDaniel khmelevViva energy geelong refinerySecurity services paymentEnergy angus taylor at parliament houseInstitute of public affairsViva energyInternational energy agency

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