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China Petroleum & Chemical Corp (0386.HK)

0386.HK on Hong Kong Stock

7.48HKD
25 Apr 2018
Change (% chg)

HK$-0.12 (-1.58%)
Prev Close
HK$7.60
Open
HK$7.57
Day's High
HK$7.64
Day's Low
HK$7.45
Volume
118,725,361
Avg. Vol
147,688,872
52-wk High
HK$7.76
52-wk Low
HK$5.40

Latest Key Developments (Source: Significant Developments)

SA's ‍Competition Tribunal Conditionally Approves Merger of Sinopec Corp And Chevron South Africa​
Friday, 9 Mar 2018 02:39am EST 

March 9 (Reuters) - SA'S ‍COMPETITION TRIBUNAL - :SA'S ‍COMPETITION TRIBUNAL - APPROVED MERGER INVOLVING CHINA'S LARGEST PETROLEUM REFINERY OWNER, HONG KONG BASED SINOPEC CORP AND CHEVRON SOUTH AFRICA​.SA'S COMPETITION TRIBUNAL - SINOPEC MERGER WITH CHEVRON SA​ IS SUBJECT TO CERTAIN CONTRACTUAL PROVISIONS.SA'S COMPETITION TRIBUNAL - ‍ ONE OF CONTRACTUAL PROVISIONS RELATES TO FIRST RIGHT OF REFUSAL IN FAVOUR OF CSA'S MINORITY SHAREHOLDERS, OFF SHELF INVESTMENTS FIFTY-SIX.SA'S COMPETITION TRIBUNAL- ‍REBRANDING COSTS FOR PRIVATE SERVICE STATIONS AND 6 BILLION RAND REFINERY UPGRADE SOME CONDITIONS IN APPROVED SINOPEC MERGER WITH CHEVRON SA​.  Full Article

China Petroleum & Chemical Corp ‍Resolved To Appoint Zhao Rifeng As Vice President​
Thursday, 8 Feb 2018 03:59am EST 

Feb 8 (Reuters) - China Petroleum & Chemical Corp <600028.SS>::‍RESOLVED TO APPOINT ZHAO RIFENG AS VICE PRESIDENT​.APPROVED ‍ RESOLUTION TO APPOINT LING YIQUN AND LIU ZHONGYUN AS SENIOR VICE PRESIDENTS OF CO​.  Full Article

Clariant, Sinopec cooperate on fuel upgrading catalyst technology
Thursday, 11 Jan 2018 06:49am EST 

Jan 11 (Reuters) - Clariant AG ::CLARIANT AG - CLARIANT AND SINOPEC SIGN MAJOR COOPERATION AGREEMENTS ON FUEL UPGRADING CATALYST TECHNOLOGY.  Full Article

Eni Sells Licence And Basic Engineering Project To Sinopec For Refining Plant
Monday, 8 Jan 2018 08:23am EST 

Jan 8 (Reuters) - ENI ::HAS SOLD LICENCE AND BASIC ENGINEERING PROJECT TO SINOPEC FOR REFINING PLANT BASED ON ENI SLURRY TECHNOLOGY.PLANT WILL BE BUILT AT SINOPEC REFINERY IN MAOMING, IN GUANDONG PROVINCE.  Full Article

Glencore is said to mull bid for Chevron's South Africa assets - Bloomberg
Friday, 29 Sep 2017 10:14am EDT 

Sept 29 (Reuters) - :Glencore is said to mull bid for Chevron's South Africa assets - Bloomberg, citing sources.  Full Article

China Petroleum & Chemical's Chairman Wang Yupu resigns due to change in job role
Friday, 22 Sep 2017 06:41am EDT 

Sept 22 (Reuters) - China Petroleum & Chemical Corp <600028.SS><0386.HK>:Says Chairman Wang Yupu resigns due to change in job role.  Full Article

China Petroleum & Chemical says 2017 H1 A share dividend payment date on Sept. 20
Tuesday, 12 Sep 2017 10:42pm EDT 

Sept 13(Reuters) - China Petroleum & Chemical Corp <600028.SS>:Says it will pay a cash dividend of 0.1 yuan per share (before tax) for 2017 H1, to shareholders of A shares recorded on Sept. 19.Says the company's shares will be traded ex-right and ex-dividend on Sept. 20 and the dividend will be paid on Sept. 20.  Full Article

China Petroleum & Chemical's vice president resigns due to change in job role
Tuesday, 12 Sep 2017 06:41am EDT 

Sept 12 (Reuters) - China Petroleum & Chemical Corp <600028.SS><0386.HK>:Says vice president Jiang Zhenghong resigns due to change in job role.  Full Article

Sinopec probed by the U.S. over Nigeria payments - Bloomberg
Wednesday, 30 Aug 2017 01:37pm EDT 

Aug 30 (Reuters) - :Sinopec probed by the U.S. over Nigeria payments - Bloomberg, citing sources.  Full Article

Fitch says China national oil firms to continue deleveraging in 2H17
Tuesday, 29 Aug 2017 01:17am EDT 

Aug 29 (Reuters) - :Fitch - China national oil firms to continue deleveraging in 2H17.Fitch - believes expected decline in refining profits for Chinese national oil companies will not negate growth in oil production, continued low capex.Fitch on China national oil firms- exploration and production earnings will continue to improve in 2H17.Fitch on China national oil firms- expect NOC's to continue to boost gas production, in support of government's strategy to increase gas usage in country.Fitch - higher dividends do not negatively impact the companies' credit profiles, as the nocs' financial and liquidity profiles are strong.Fitch on China national oil firms- believe decline in companies' output will only be stemmed in 2018 at earliest.  Full Article

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Sinopec plans to extend cuts in Saudi crude oil imports to June, July: officials

SINGAPORE China's Sinopec, Asia's largest refiner, plans to continue to cut their Saudi Arabian crude oil purchases for June and July loadings, after slashing May shipments by 40 percent, two senior executives from the company's trading arm Unipec said on Tuesday.