Keyword: China Petroleum and Chemical Corp

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Sinopec in JV to Buy $3 Billion of Assets from Parent

25.03.2013 - China Petroleum and Chemical Corp (Sinopec Corp) has agreed to set up a joint venture with its parent company to buy $3 billion worth of oil and gas assets held by the latter in a...

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Sinopec 2012 Profit Falls 12.8%

24.03.2013 - China Petroleum and Chemical Corp (Sinopec Corp) reported a 12.8% fall in 2012 net profit on Sunday, due to a drop in revenues from its upstream and chemicals businesses. Asia's...

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Sinopec Looks to Diversify Oil Imports After Iran Decline

26.03.2012 - China Petroleum and Chemical Corp (Sinopec) is looking to diversify its crude oil imports, the company's chairman said, following a sharp drop in its first-quarter purchases from...

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Sinopec Group says Plans to Double Overseas Equity Oil Output

05.01.2012 - Sinopec said it aims to more than double its equity oil output from overseas projects to over 1 million barrels per day (bpd) by 2015 from 2011, the largest Chinese oil company by...

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China Kicks Off First Shale Gas Tender

29.06.2011 - China issued its first shale gas exploration tender with an offer of four blocks to a group of Chinese energy companies, state media reported, as the country kicks off its search...