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Oil companies evacuate workers as Sudan clashes worsen

Oil workers employed by China National Petroleum Corp and Sinopec have fled Sudan amid continued armed conflict in the African country. As of early May, the two state-owned giants have evacuated 189 workers by air or sea — 114 employed by CNPC and 75 by Sinopec, according to an Upstream report. China has deployed its […]

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Sinopec, TotalEnergies eyeing $10 billion investment in Aramco’s Jafurah project

Sinopec and TotalEnergies are among the companies holding talks to invest in Aramco’s Jafurah development, Bloomberg reported, citing people familiar with the matter. Saudi Arabia’s state-owned giant is seeking to exploit one of the world’s largest untapped gas fields. The Chinese and French energy giants are in separate discussions with Saudi Aramco about the plans that […]

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QatarEnergy partners with Sinopec for $30 billion LNG project

QatarEnergy has announced the signing of a definitive partnership agreement with China Petrochemical Corp (Sinopec) for the North Field East (NFE) expansion project, the largest project in the history of the LNG industry. Qatar is partnering with international companies in the first and largest phase of the nearly $30 billion expansion, which will raise Qatar’s […]