Tag Archives: Sinopec

KAMPALA, UGANDA | Xinhua | Sinopec, the Chinese firm contracted to build Uganda’s Central Processing Facility (CPF), began training more than 800 Ugandans on Wednesday as part of efforts to develop a skilled local workforce for the country’s oil sector. The training will be conducted in batches through October at …

Shanghai, China | AFP | State-owned Chinese energy giant PetroChina on Thursday announced it slumped to a record-low profit for 2016 as global oil price weakness slashed earnings by 78 percent. Net profit fell to 7.86 billion yuan ($1.1 billion), the Beijing-based company said in a statement to the Hong Kong …