Royal Dutch Shell Plc (Shell) is in talks with China National Petroleum Corp (CNPC) and China Petrochemical Corp (Sinopec Group) on a possible joint bid for the Kirkuk oilfield development in northern Iraq's, sources reported.Shell, hoping to get approval from CNPC to explore Jinqiu gas field in China's...
Government of Singapore Investment Corp (GIC), a global investment management company established in 1981 to manage Singapore's foreign reserves, cut its H-share holdings in Sinopec Shanghai Petrochemical Co Ltd (SPC)<600688><338><SHI> to 6.81% from the previous 7.08%, as per industry...
Linde Group, Germany-based gas and engineering firm, jointly announced a new partnership with Sinopec Sichuan Vinylon Works, sources reported.The two companies will cooperate to build industrial gas production equipment in China's southwestern Chongqing Municipality, supplying industrial gases to...
CALGARY, Alberta, April 1 (Reuters) - French oil major Total SA (TOTF.PA) said on Wednesday it sold a 10 percent stake in a proposed Canadian oil sands project to China's Sinopec (600028.SS), making both firms equal partners ...
Sinopec<600028><386><SNP>, the largest refiner in Asia by capacity, plans to hit RMB 111.8 billion in capital expenditure this year, RMB 4.5 billion more than the actual expenditure in 2008, sources reported. In the annual report for last year, the oil giant said it intended to cut capital expenditure from RMB 121.8...
Sinopec<600028><386><SNP>, the largest refiner in Asia by capacity, plans to directly invest in overseas upstream projects, grasping opportunities for bargain hunting caused by declined crude oil prices, sources reported. Su Shulin, chairman of Sinopec, said at a news conference that the company has...
Sinopec Shanghai Petrochemical Co Ltd (SPC)<600688><338><SHI>, which is 55.56% owned by China Petroleum & Chemical Corp, announced on Mar. 29 that it suffered a net loss of RMB 6.24 billion in 2008, whereas it earned a net profit of RMB 1.63 billion in 2007, sources reported....
China Petroleum & Chemical Corp (Sinopec)<600028><386><SNP>, Asia's biggest oil refiner, may build four oil product reserve bases in China for commercial use, said Wang Tianpu, board director and president of Sinopec, at Sinopec's annual conference yesterday, the Shanghai Securities News reported....
HONG KONG, March 29 - Top Asian oil refiner Sinopec Corp posted a near doubling in quarterly profit on Sunday, its first gain in more than a year, as a steep decline in crude oil...
HONG KONG, March 29 - Top Asian oil refiner Sinopec Corp <0386.HK> <SNP.N> <600028.SS> said on Sunday its net profit for the first quarter would rise by more than 50 percent compared to the same...