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On November 21, sinopec corp (00386.HK) spent 30.5191 million HKD to repurchase 7.3 million shares.
Gelonghui November 21st ∫ Sinopec Corp (00386.HK) announced that on November 21, 2024, it will spend 30.5191 million Hong Kong dollars to repurchase 7.3 million shares at a repurchase price of 4.17-4.2 Hong Kong dollars per share.
China Petroleum & Chemical Corporation has discovered geological reserves of over 100 billion cubic meters in the Tangnanba Gas Field.
According to the Science and Technology Daily, China Petroleum & Chemical Corporation (Sinopec) has once again made an important breakthrough in the "Deep Earth Engineering - Sichuan-Chongqing Henry Hub Natural Gas Base". The Nanba Gas Field of Sinopec has successfully added 55.159 billion cubic meters of proven natural gas reserves, which have been approved by the Ministry of Natural Resources. So far, the gas field has accumulated proven natural gas reserves of 106.6 billion cubic meters, becoming another hundred billion cubic meters gas field in the Sichuan Basin. Wang Wei, Deputy Chief Geologist of the Exploration Division of Sinopec, stated that the next step will be to continue to strengthen integrated evaluation and deployment of exploration and development, expand the scale of the Nanba Gas Field, and create a new stronghold for increased reserves.
Express News | China Petroleum & Chemical Corporation's Nanba Gas Field has proven geological reserves exceeding one hundred billion cubic meters.
WTI Crude Faces Selling Pressure, Negative Outlook Maintained
OPEC+ has very little room for maneuver: the oil price war cannot be won, and it is also impossible to further reduce production.
OPEC+ may continue to make significant production cuts for a longer period of time.
Midday crude oil analysis: USA crude oil inventories rise to a 14-week high, why is the crude oil price still rising?
Despite the usa crude oil product inventory rising to a 14-week high, brent crude oil futures slightly increased in asia's early trading.
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