China Petroleum & Chemical Corp (0386.HK)
BEIJING China's oil majors are expected to pump up spending in 2017 for the first time in years, scrambling to squeeze more barrels of crude out of ageing domestic wells in the hope that higher prices are here to stay.
BEIJING, Jan 26 China's oil majors are expected to pump up spending in 2017 for the first time in years, scrambling to squeeze more barrels of crude out of ageing domestic wells in the hope that higher prices are here to stay.
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.
DUBAI Iran plans to ask international oil companies to bid for the second phase of development of its Yadavaran and North Azadegan oilfields, a senior official said on Saturday.
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.
* Russian President Vladimir Putin has offered Lukoil the chance to take part in the privatisation of top oil producer Rosneft, Vedomosti reports, citing unnamed sources.
* Jan-Sept oil and gas output down 8 pct; crude down 12.6 pct