China’s consumption of oil is anticipated to reach its highest point by 2027, according to Sinopec, the nation’s largest oil refiner.
Sinopec
The beat-up petrochemical industry is becoming a new battlefield for emerging markets racing to become big players in synthetic polymers.
China Business News is a weekly roundup of top business developments as reported by news outlets in China and the region.
China's largest offshore oil and gas producer has launched its first offshore carbon capture and storage project amid a global push to cut emissions.