Chinese energy major Sinopec plans to increase LNG import capacity and shale-gas production
China Petroleum and Chemical Corp., the Chinese energy major also known as Sinopec and with LNG stakes including in the state of Queensland in Australia, said it was planning to boost its LNG capacity and supplies as well as its shale-gas assets.
Sinopec begins trials at first small-scale LNG plant using shale gas for vehicle fuel market
Chinese energy major Sinopec, whose LNG assets include a stake in the Australia-Pacific LNG plant in the state of Queensland, said it started trial operations at its small-scale LNG production plant at Fuling in southwest China.
Chinese major Sinopec posts improved profits with focus on its shale gas and LNG assets
Chinese energy major Sinopec, whose LNG assets include a stake in the Australia-Pacific LNG plant in the state of Queensland, said nine-month profits surged more than 31 percent to 38.4 billion yuan ($5.7Bln) compared with 29.19Bln yuan in the same period of 2016 as it invested more in LNG import terminals and fuel stations.
Sinopec increases profits and advances with LNG asset build and shale-gas development
Chinese energy major Sinopec, whose LNG assets include a stake in the Australia-Pacific LNG plant in the state of Queensland, said first-half profit attributable to shareholders was 27.09 billion yuan ($4.1Bln) compared with 19.25Bln yuan last year, an increase of just over 40 percent.
Sinopec raises shale-gas output amid new LNG import capacity and gas fuel station construction
China Petroleum and Chemical Corp (Sinopec) said it would accelerate shale-gas output amid construction of new LNG import capacity and natural gas fuel stations for vehicles as it reported a jump in annual net income.
