SNP News and Press, China Petroleum & Chemical Corporation From 03/25/22

Sinopec (NYSE:SNP) has suspended talks for a potential $500M investment in a major petrochemical plant and a gas marketing venture in Russia, Reuters reports, as even the Chinese government is wary of running afoul of sanctions over Russia's invasion of Ukraine. The Chinese refiner has planne...

Sinopec’s continued development is expected to continue through the current economic challenges the globe is facing. They recently struck deals with US firms while also potentially capitalizing on developments in Europe, giving it a strong position in the market. Stability ...

As the government prioritizes stabilizing the economy in 2022 and avoiding a downturn that would adversely impact Energy consumption, certain segments of the Chinese Energy Sector could stand to benefit from oil prices that currently remain at elevated levels. China is increasingly de...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Many high-yield dividend stocks don’t have enough firepower to cover their dividend payments. Or else they barely have the earnings to cover the dividend. This could be one reason why the stocks have a high yield. ...

Saudi Arabia raised the Country's official selling price over the weekend, a measure of the premium or discount the Kingdom will receive relative to regional benchmark oil prices (NYSEARCA:USO). Even with benchmark prices hitting 7-year highs, Aramco (ARMCO) is bumping the premium the Country...

With the likes of Google parent company Alphabet (NASDAQ:GOOG), Facebook's Meta Platforms (NASDAQ:FB), Pinterest (NYSE:PINS) and Snap (NYSE:SNAP) delivering quarterly reports this past week, the topic of digital advertising was thrust into the spotlight for many investors. No less than Alphab...

Earlier Friday, Gazprom (OTCPK:OGZPY) announced a new long-term supply deal with China's State-owned CNPC (NYSE:SNP). The deal will provide 48 billion cubic meters (bcm) per year of gas to China, with 10bcm flowing through Far East pipeline and the remaining 38bcm flowing through the Power of...

Sinopec Completes China's First Megaton Scale Carbon Capture Project PR Newswire The Qilu-Shengli Oilfield CCUS will reduce carbon emissions by 1 million tons per year BEIJING , Jan. 29, 2022 /PRNewswire/ -- China Petroleum & Chemical Corpora...

This week, oil prices hit their highest levels since 2014 owing to worsening geopolitical tensions and a supply crunch. Thus, we think it could be wise to bet on quality refining stocks TotalEnergies (TTE), ConocoPhillips (COP), and China Petroleum & Chemical (SNP). Read on. Oil pric...

Environmental services company Vertex Energy’s (VTNR) shares have soared nearly 485% in price over the past year on investors’ optimism surrounding its proposed acquisition of an oil refinery. But can the stock continue advancing despite several regulatory hurdles? Let’s ...