Worst off are independent fuel producers known as teapots, mostly located in east China's Shandong, which make up a quarter ...

Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, ...

BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run ...

Sinopec, China's state-owned and largest oil refiner, signed an agreement with Sri Lanka's energy ministry to invest $3.7 ...

In the largest foreign investment ever, Sri Lanka has signed a deal worth $3.7 billion with China for the construction of an ...

Chinas oil refining sector is bracing for significant disruptions as fuel demand peaks earlier than expected and Beijing ...

Sri Lanka has secured “one of its largest FDIs”, President Anura Kumara Dissanayake announced after signing a $3.7 ...

Despite past criticisms, the government led by the National People’s Power (NPP) has taken steps to elevate Sino-Lanka ties ...

China has pledged a significant investment of USD 3.7 billion to construct a state-of-the-art oil refinery in Sri Lanka, ...

The President’s Media Division yesterday revealed that a $ 3.7 billion investment by leading Chinese global petroleum firm Sinopec was formalised with the signing of an agreement with the Ministry of ...

Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in ...