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Energy

Chinese oil majors show momentum, aided by pipeline sale

Sinopec regains pre-COVID profits, while coal sales rebound in September

Sinopec quadrupled profit in the July-September quarter, buoyed by sales of oil and gas pipelines.   © Reuters

HONG KONG -- Major Chinese energy companies show signs of recovery in their third-quarter results, as rising domestic demand helped propel a rebound from the coronavirus pandemic.

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