Beijing: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday. Sinopec has agreed to invest $3.7 ...

This landmark deal was formalized with the signing of an agreement between Sri Lanka’s Ministry of Energy and Sinopec, a leading Chinese international petroleum corporation. The $3.7 billion ...

ECONOMYNEXT – Sri Lanka has signed an agreement with Sinopec, which will see the Chinese international petroleum corporation invest 3.7 billion dollars in a state-of-the-art oil refinery with a ...

Sri Lanka's Ministry of Energy and Sinopec signed an agreement for $3.7 billion investment to construct an oil refinery with a capacity of 200,000 barrels in the Hambantota region. Under this $3.7 ...

Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in Hambantota with an investment of USD 3.7 billion. The agreement was signed ...

General Muhoozi Kainerugaba vowed to arrest opposition figures found wearing anything that resembles Uganda's military uniform General Muhoozi Kainerugaba, the son of Uganda's President Yoweri ...

General Muhoozi Kainerugaba, the son of Uganda's President Yoweri Museveni, has reactivated his X account barely a week after he quit the social media platform, citing renewed focus on his ...

Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic growth is poised for a notable upturn in 2025, supported by robust performance across key sectors such as energy, mining, agriculture, tourism, ...

Sinopec Shanghai Petrochemical Company plans to invest more than $2.9 B to upgrade its operations. To maintain its capacity in crude oil processing and make other operational upgrades, the company ...

Sinopec Shanghai Petrochemical Company said on Tuesday it will upgrade its operations by investing 21.31 billion yuan ($2.91 billion). To maintain its capacity in crude oil processing and make ...