Apr. 07, 2013News & Opinions
China's state energy giant Sinopec Group envisages investing 70 billion yuan ($11.3 billion) to build the country's largest coal-to-gas project in 8-10 years to meet a rising demand for natural gas, a newspaper said on Sunday.
Mar. 25, 2013News & Opinions
China Petroleum and Chemical Corp (Sinopec Corp) has agreed to set up a joint venture with its parent company to buy $3 billion worth of oil and gas assets held by the latter in a bid to improve its profitability.
Mar. 24, 2013News & Opinions
China Petroleum and Chemical Corp (Sinopec Corp) reported a 12.8% fall in 2012 net profit on Sunday, due to a drop in revenues from its upstream and chemicals businesses.
Mar. 19, 2013News & Opinions
China's biggest refiner Sinopec Corp will process more Iranian crude at its second-largest plant in 2013 than in 2012, a Sinopec official said, but sees no problem finding insurance for the Maoming refinery.
Mar. 08, 2013News & Opinions
EU competition regulators have cleared the acquisition of Dutch petroleum products and biodiesel storage firm Vesta Terminal by Chinese oil major Sinopec and Swiss-based energy trading house Mercuria Energy Group.
Feb. 25, 2013News & Opinions
China Petroleum & Chemical Corp (Sinopec) will buy half of Chesapeake Energy's Mississippi Lime oil and gas properties in Oklahoma for $1.02 billion to increase its presence in the booming North American shale gas industry.
Feb. 18, 2013News & Opinions
Russia's top crude producer Rosneft said its chief executive had started talks in China over the possibility of increasing oil supplies to the world's largest energy consumer.
Feb. 13, 2013News & Opinions
Total plans to raise its exploration budget in 2013 under an investment policy that takes advantage of high oil prices and financing from large-scale asset sales.
Feb. 05, 2013News & Opinions
China Petroleum & Chemical Corp (Sinopec), Asia's largest refiner, said it plans to raise about $3.1 billion in a share offering to fund its business development, sending its shares sharply lower as investors fretted about the volume ...
Jan. 22, 2013News & Opinions
BASF and China Petroleum & Chemical Corporation (Sinopec) have completed a joint feasibility study and taken the next steps in the establishment of a isononanol (INA) plant in Maoming, Guangdong, China. Under the terms of the ...
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