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المشهد العربي
Sinopec shifts to green energy
Sinopec, the world's largest oil refining company, has initiated a widespread restructuring process aimed at merging its operations with China National Aviation Fuel Group to create an integrated energy entity. This move, which received regulatory approval in June, seeks to enhance supply chain management efficiency from refining to aircraft fueling, with a particular focus on accelerating the production of sustainable and low-carbon jet fuels to support the transition toward green energy. The restructuring is expected to be completed by the end of the year without layoffs, while improving the flexibility of production and sales operations to strengthen international competitiveness.
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