China Petroleum & Chemical Corp (0386.HK)
20 Feb 2017
Wed, Jan 4 2017
HONG KONG China Petroleum and Chemical Corp (Sinopec) has mandated six banks to advise it on a restructuring of its fuels distribution unit ahead of a planned initial public offering in Hong Kong, IFR reported on Wednesday, citing people close to the deal.
BEIJING China National Petroleum Company [CNPET.UL] plans to cut staff at its Beijing headquarters by 20 percent, the company said in a post on its social media blog on Tuesday, the latest move in an efficiency drive by the country's top state energy group.
Oil refiner China Petroleum & Chemical Corp , also known as Sinopec, is considering an initial public offering of its retail business next year in Hong Kong that could raise as much as $10 billion, Bloomberg reported on Tuesday.
China's Sinopec Corp is weighing a takeover of Gulf Keystone Petroleum , an oil company operating in the Kurdistan region of Iraq, Bloomberg reported on Tuesday.
BEIJING, Nov 9 A subsidiary of top Asian refiner Sinopec Corp officially launched a 50-50 joint venture with a Taiwanese company to build a petrochemical complex in southeast coastal Fujian province, Sinopec said on Wednesday.
* Jan-Sept oil and gas output down 8 pct; crude down 12.6 pct
LIMA, Oct 18 China National Petroleum Corporation Corp likely has 3-4 trillion cubic feet of proven natural gas reserves in an energy block it operates in southern Peru, Peru's president said Tuesday.
* Sinopec to open new reserves if oil holds at $45-$50 -chairman (Adds details on crude output decline, crude runs and natural gas output)
SEOUL, Sept 9 SK Innovation Co Ltd, which owns South Korea's top refiner SK Energy, said on Friday it is seeking to expand into the refining and lubricant sectors in co-operation with China's Sinopec Corp.
BEIJING China Petroleum and Chemical Corporation, or Sinopec Corp , said on Sunday its net profit fell 21.6 percent in the first half of 2016, hurt by a steep decline in international oil prices.