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Chinese energy giants tap Brazil for imports, oil field exploration

Chinese energy giants tap Brazil for imports, oil field exploration — Beijing works with companies to wean itself off Middle Eastern crude  Sinopec’s senior executives announce the company’s earnings on Aug. 24 in Hong Kong. (Photo by Shunsuke Tabeta) HONG KONG — China's three major state-owned petroleum companies are diversifying their crude oil sourcing and […]

By deepak · September 7, 2026 · 1 min read

Chinese energy giants tap Brazil for imports, oil field exploration — Beijing works with companies to wean itself off Middle Eastern crude
 Sinopec’s senior executives announce the company’s earnings on Aug. 24 in Hong Kong. (Photo by Shunsuke Tabeta)
HONG KONG — China's three major state-owned petroleum companies are diversifying their crude oil sourcing and ramping up domestic and overseas production as part of joint efforts with the government to bolster energy security.

Beijing works with companies to wean itself off Middle Eastern crude

 Sinopec’s senior executives announce the company’s earnings on Aug. 24 in Hong Kong. (Photo by Shunsuke Tabeta)

HONG KONG — China's three major state-owned petroleum companies are diversifying their crude oil sourcing and ramping up domestic and overseas production as part of joint efforts with the government to bolster energy security.

Written by https://futureknowledge.in/ | Source: asia.nikkei.com

Written by https://futureknowledge.in/