Business / Sinopec

Sinopec takes dip into oil industry in N. Sea

[2012-12-19 10:47]

China Petrochemical Corp said it had acquired a 49 percent stake in the UK subsidiary of the Canada-based Talisman Energy Inc for $1.5 billion.

Sinopec says Canada hasn't closed door on SOEs

[2012-12-14 13:07]

China Petrochemical Corp's international unit is weighing Canada's new foreign-takeover rules and believes there are still opportunities to invest in the nation's oil sands.

Sinopec launches new crude distillation unit

[2012-12-12 13:27]

Sinopec started a new crude distillation unit at its Maoming refinery this month, bringing the facility's capacity to more than 20 million metric tons a year.

Oil companies build more LNG stations

[2012-11-29 13:39]

Three Chinese big oil companies are accelerating the setting up of LNG stations all over China, thanks to energy conservation and emission reduction policies.

Sinopec agrees Nigerian oil deal

[2012-11-21 11:06]

China Petrochemical Corp, also known as Sinopec Group, has agreed to buy a block of oil in Nigeria for $2.46 billion.

Sinopec agrees Nigerian oil deal

[2012-11-21 11:06]

China Petrochemical Corp, also known as Sinopec Group, has agreed to buy a block of oil in Nigeria for $2.46 billion.

Sinopec buys stake in Nigeria oilfield

[2012-11-20 11:26]

China Petrochemical Corp, known as Sinopec group, has reached an agreement to purchase a Nigerian oil field with France's Total ADR.

Fu helps Sinopec navigate overseas markets

[2012-11-20 10:04]

Since Chengyu became chairman of Sinopec, the company has made more than $10 billion in overseas investments in the past two years.

China's crude oil processing to increase in November

[2012-11-12 16:51]

Refineries owned by China's two oil giants, PetroChina Co Ltd and Sinopec Corp, plan to process some 31 million metric tons of crude oil in November.

Sinopec to buy stake in Russian rubber plant

[2012-11-01 09:56]

Sinopec International (Hong Kong) Co Ltd, a fully owned subsidiary of Sinopec, will buy a 25 percent stake in a Russian synthetic rubber plant.

Oil giants report sharp decline in profits

[2012-10-31 14:21]

China National Petroleum Corporation reported one-third less profit in the third quarter from a year before, financial documents showed on Tuesday.

Investment in geological exploration surges

[2012-10-29 10:53]

Investment in geological exploration over the past decade surged in China as rapid urbanization boosted market demand for energy resources.

Sinopec net profit falls 9.38% in Q3

[2012-10-29 09:16]

China Petroleum and Chemical Corp said on Sunday that its net profits for the third quarter dropped 9.38 percent year-on-year to 18.33 billion yuan.

Sinopec starts work on shale gas production demo area

[2012-10-25 14:56]

Sinopec Group has started work on China's first shale gas production demonstration area in Liangping county in Southwestern China's Chongqing municipality, the Chongqing Daily reported on Wednesday.

Sinopec ditches $2b China Gas bid, favors partnership

[2012-10-17 11:23]

China Petroleum & Chemical Corp, also known as Sinopec, Asia's biggest refiner, ditched a $2 billion bid for China Gas Holdings Ltd after a 10-month tussle, opting to form a partnership to tap local demand for natural gas.

Sinopec to cooperate with China Gas, abandon ENN Energy

[2012-10-16 17:25]

China Petroleum & Chemical Corp, Asia's biggest refiner, and China Gas Holdings Ltd are to form two joint ventures to jointly expand China's retail market.

Sinopec partners with Mercuria in bulk storage

[2012-10-16 16:33]

A Hong Kong-listed subsidiary of China Petrochemical Corp, or Sinopec Group, agreed to buy a 50 percent stake in a European liquid bulk storage and terminal operator.

Sinopec to build huge oil storage terminal

[2012-10-11 10:05]

Sinopec Group is building what experts predict will become the largest oil storage terminal in Southeast Asia, in the Batam free trade zone in Indonesia.

China taps shale gas through combined efforts

[2012-10-06 14:26]

China is exploring an optimized energy structure by tapping into shale gas resources through the joint efforts of authorities, firms and researchers.

Airbus, Sinopec to set up JV to develop green fuel

[2012-09-25 10:58]

The European Aircraft maker Airbus SAS and China Petroleum & Chemical Corp, or Sinopec, the country's largest fuel supplier, have agreed to work together to develop cleaner jet fuel in China.

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