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Sinopec Unit in Talks With Cornerstone Investors

Sinopec Engineering (Group) Co., a construction and engineering arm of oil giant China Petrochemical Corp., is in talks with at least three Chinese cornerstone investors for its up to $2.7 billion Hong Kong initial public offering, people w......【More】

2013-05-06

CNPC to open natural gas project in Fuqing

The China National Petroleum Corp (CNPC) says it is looking at starting a liquefied natural gas (LNG) project in the city of Fuqing, Fujian province, after a feasibility study was recently approved by a panel of experts, the Fuqing economic......【More】

2013-04-28

China's Shandong Tianhong Chem to start petchem plant in Oct

Chinas privately-owned Shandong Tianhong Chemical Co will start operating its 100,000 barrels per day (bpd) refinery in October and plans to double capacity of the petrochemical complex by 2020, several company sources said on Thursday. The......【More】

2013-04-27

Natural gas industry to develop fast in China

Liquefied natural gas industry will see promising development both in China and other countries as natural gas is the only clean energy compared with oil and coal, a Chinese energy expert said Tuesday on the sidelines of a professional conf......【More】

2013-04-26

Sinopec Engineering IPO Has Skeptics

Share-sale bankers struggling in Hong Kongs quiet fundraising markets have one company to thank for a recent increase in activity that might continue: China Petrochemical Corp., also known as Sinopec Group. But a pending initial public offe......【More】

2013-04-25

Sinopec markets dollar bonds in overseas push

China Petroleum Chemical Corp, Asias biggest refiner, is marketing a sale of dollar-denominated bonds in four maturities to fund overseas investment and repay bank debt. Sinopec, as the company is known, plans to sell three-, five-, 10- and......【More】

2013-04-24

Investors focus on Sinopec, trade CNPC

Asian credit investors had all their energy focused on the primary market today, especially on a 4-tranche transaction from China National Petroleum and Chemical Corp (Sinopec). It was for this reason, traders said, there was little activit......【More】

2013-04-22

CNPC supports energy supply in Chongqing

Liangjiang New Area Property Development Co., Ltd. in Chongqing signed a strategic cooperation agreement with China National Petroleum Corporation (CNPC) days ago. According to the agreement, the two sides will jointly establish a joint ven......【More】

2013-04-19

China Petrochemical Development Corp. : Iceland Signals Deeper Ties with China

Icelands foreign minister signaled deeper cooperation with China on commerce and offshore exploration following the signing of the first free-trade pact between the Chinese and a European country. Ossur Skarphedinsson, speaking during an in......【More】

2013-04-17

China CNOOC's refining throughput rises 15.2% on year to 602,400 b/d in 2012

China National Offshore Oil Corp or CNOOC Group, the parent of listed arm CNOOC Ltd, refined 30.08 million mt (602,400 b/d) of crude last year, up 15.2% from 26.1 million mt in 2011, the company said in its 2012 sustainable development repo......【More】

2013-04-16