Sinopec Sets up $690 Million Hydrogen-Energy-Focused Venture Capital Fund
Wedoany.com Report-May 29, China’s major oil and gas enterprise, Sinopec, has launched a new venture capital fund dedicated to hydrogen energy, with an initial capital of 5 billion yuan (approxi...
OPEC+ to Hike Oil Output as Trump Seeks Lower Prices, BofA Says
Oil pumping jacks, also known as "nodding donkeys", operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Wedoany.com Report-Feb 25, OPEC+ is anticipated to resume ...
Sinopec’s Zhenhai Refinery Says Fire at Its Crude Unit Put Out
Wedoany.com Report-Jan 8，Chinas Sinopec Zhenhai refinery said a fire that broke out on one of its crude distillation units late on Tuesday had been put out, with no injuries reported. The plants No.5 c...
Oil Prices up on Tighter OPEC Supply, US Jobs Data
Wedoany.com Report-Jan 8，Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in U.S. jobs openings pointed to expanding economic a...
OPEC Oil Production Falls as UAE Leads Supply Cuts
Wedoany.com Report-Jan 7，Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) declined last month, as the United Arab Emirates (UAE) intensified supply cutbacks aimed ...
OPEC Daily Crude Output up 0.5% in Nov.
Wedoany.com Report-Dec 13,Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to average 26.66 millio...
OPEC+ Delays Revival of Its Oil Production by 3 Months
Wedoany.com Report-Dec 06, OPEC+ delayed the revival of its oil production by three months, the third time it’s deferred the move while crude prices struggle amid a looming surplus. The group le...
Oil Prices Steady Amid Dollar Strength and OPEC+ Concerns
Wedoany.com Report-Dec 03, Oil steadied as strength in the US dollar and lingering concerns that OPEC+ won’t delay its production hike undercut signs of a gradual recovery in China’s econo...
Sinopec Launches Hong Kong’s First Public Hydrogen Fueling Station
Wedoany.com Report-Dec 2,Sinopec has inaugurated Hong Kongs first public hydrogen fueling station, the Aotou hydrogen station, in Yuen Long, marking a significant step in the regions green energy tran...
Oil Little Changed in Thin Trading Ahead of Key OPEC+ Meeting
Wedoany.com Report-Nov 28, Oil was little changed as trading thinned before the US Thanksgiving holiday, with the focus on this weekend’s OPEC+ meeting. West Texas Intermediate was below $69 a b...