Keyword: China

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PetroChina Plans Overseas Investments while Q2 profit slides

23.08.2012 - PetroChina, the country's dominant oil and gas producer which also owns refineries, has earmarked close to $16 billion for overseas investment this year as it aims to have half its...

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Shell Plans at Least $1 Billion a Year China Shale Gas Investment

21.08.2012 - Royal Dutch Shell plans to spend at least $1 billion a year exploiting China's potentially vast resources of shale gas, the firm's top China executive said, part of an aggressive...

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China to Double Price-Controlled Drugs List by Year-End

19.08.2012 - China is set to increase the number of products on its price-controlled "essential drugs" list to 700 from 307 by the end of the year, the official Shanghai Securities Journal...

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Carlyle Places Bet on China Preventive Healthcare Spending

15.08.2012 - U.S. buyout fund Carlyle Group said on Wednesday it has acquired a 13.5% stake in Meinian Onehealth Healthcare Group, placing a bet on rising spending on preventive healthcare from...

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Eastman, Sinopec to Build Resin Plant in Nanjing

31.07.2012 - Eastman Chemical announced a joint venture with Sinopec Yangzi Petrochemical Company to build a hydrogenated hydrocarbon resin plant in Nanjing, China. The venture will be equally...

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Sinopec, BASF Plan Second Chemicals JV in China

31.07.2012 - China Petroleum and Chemical Corp (Sinopec) , Asia's largest refiner, and German chemicals giant BASF said on Tuesday that they are looking at setting up a second chemicals joint...

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CNOOC to Buy Nexen for $15.1 Billion in China's Largest Foreign Deal

24.07.2012 - State-controlled CNOOC launched China's richest foreign takeover bid yet on Monday by agreeing to buy Canadian oil producer Nexen for $15.1 billion, forcing Ottawa to decide...

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China's CNPC in Talks with Ecuador over $12.5 Billion Refinery

20.07.2012 - China National Petroleum Corp (CNPC), the country's biggest oil producer, is in talks with Ecuador's government over a potential investment in the OPEC-member's US-$12.5 billion...