EghtesadOnline: China Petroleum & Chemical Corp. said it was invited to invest in Saudi Arabian Oil Co. as part of what could be the world’s biggest-ever initial public offering.

EghtesadOnline: National Iranian Oil Company and China Petroleum and Chemical Corporation ( Sinopec ) will finalize a contract to expand the Abadan Oil Refinery in southern Khuzestan Province in two phases, managing director of National Iranian Oil Refining and Distribution Company said on Wednesday.

EghtesadOnline: China’s state-run energy giant is making a new approach to strike a $3 billion Iranian oil field, seeking to take advantage of waivers allowed under US sanctions even as two European nations have ended crude purchases, according to people familiar with the matter.

EghtesadOnline: China's Petroleum and Chemical Corporation, known as Sinopec , is in talks with Iran's Petroleum Engineering and Development Company on developing the second phase of Yadavaran Oilfield in the southern oil-rich Khuzestan Province, PEDEC's chief executive officer said.

EghtesadOnline: China's Sinopec Engineering Company has signed a deal worth $1 billion to develop Abadan Oil Refinery, Iran's oldest crude processing facility in the southern oil-rich Khuzestan Province, the Chinese oil and gas group announced.

EghtesadOnline: Negotiations are underway between National South Oil Company and foreign oil executives including BP, Argentine oil company, Chinese Sinopec and CNPC of China for cooperation, NISOC Managing-director Bijan Alipour said on Monday.