China Petroleum & Chemical Corp (SNP)
13 Jan 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.
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
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.
SAO PAULO, Oct 4 Brazilian state-controlled oil company Petroleo Brasileiro SA confirmed it will relaunch the process to order a Floating Production Storage Offloading vessel to explore the presalt area, the company said in a securities filing Tuesday.