News Snapshot:
[Imperial Oil to produce renewable diesel at Canadian refinery] China’s Sinopec discovers oil and gas field in Xinjiang The new discovery is expected to host around 100 million tonnes of oil equivalent. China Petroleum & Chemical Corporation (Sinopec) has discovered a new oil and gas field in the Xinjiang region. According to a Reuters report, the new find is located in the Shunbei area of the Tarim Basin. In a local microblogging platform, Sinopec announced that an exploration well at the site achieved a flow of 865t (6,315 barrels) of crude oil and 590,000m³ of natural gas daily. The company...
