Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

Worst off are independent fuel producers known as teapots, mostly located in east China's Shandong, which make up a quarter ...

Sri Lankan President Anura Kumara Dissanayake's recent visit to China has bolstered strategic ties between the two nations.

BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run ...

Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI.

Sri Lanka has secured “one of its largest FDIs”, President Anura Kumara Dissanayake announced after signing a $3.7 ...

Sinopec, China's state-owned and largest oil refiner, signed an agreement with Sri Lanka's energy ministry to invest $3.7 ...

China's oil demand and refinery throughput declined in 2024 for the first time in decades, driven by a shift towards electric vehicles and LNG trucks.

One wonders as to what President Anura Kumara Dissanayake would have come up with regarding the MOU which Sri Lanka has ...

In the largest foreign investment ever, Sri Lanka has signed a deal worth $3.7 billion with China for the construction of an ...

During the crucial period when the world is focusing on sustainable development and addressing climate change, clean energy has become the core driving force for energy transformation. As a leading ...