Exploration

Tarim basin heats up: Sinopec and rivals snap up nine blocks in onshore bidding war

Six companies secure exploration rights worth $270 million as China accelerates upstream investment diversification

Sinopec's exploration in the Tarim basin in China.
Sinopec's exploration in the Tarim basin in China.Photo: SINOPEC
Asia CorrespondentSingapore
Published 27 April 2025, 17:42Updated 27 April 2025, 17:42
XinjiangChinaSinopecAsia & OceaniaEast Asia