sinopec

Brazilian oil giant announces contracts worth $4.5 bn


July 21st, 2012 - 10:49 am ICT by IANS
Sao Paulo, July 21 (IANS/EFE) Brazilian state-controlled oil giant Petrobras and its partners BG Group, Petrogal Brasil and Repsol Sinopec will sign 10 contracts worth $4.5 billion for the construction ... Read more...

Posted in Business |

Latin America - Energising India (Comment)


June 21st, 2012 - 9:52 am ICT by IANS
Latin America has remained at the periphery of Indian political and economic strategy, having presented no significant challenges, received marginal Indian migration (mainly in the Caribbean/Atlantic), and, depending on the country, ... Read more...

Posted in Business |

Chinese-Spanish venture makes oil find in Brazil


February 28th, 2012 - 11:25 am ICT by IANS
Madrid, Feb 28 (IANS/EFE) Chinese-Spanish oil venture Repsol Sinopec Brasil has made a new oil find in Brazil's deepwater Campos Basin, with the discovery offering one of the heaviest accumulations ... Read more...

Posted in Business |

Three Gorges to buy stake in Portuguese firm


December 24th, 2011 - 4:02 pm ICT by IANS
Beijing, Dec 24 (IANS) China's Three Gorges Corp will buy a 21 percent stake in Portuguese utility company EDP for 2.69 billion euros ($3.5 billion), beating rivals from Germany and ... Read more...

Posted in Business |

Chinese firm to buy Canadian energy company


October 10th, 2011 - 5:02 pm ICT by IANS
Beijing, Oct 10 (IANS) China's energy giant Sinopec has signed a deal with Canadian oil and gas explorer Daylight Energy Ltd. to take over the company for 2.2 billion Canadian ... Read more...

Posted in Business |

Chinese firm terminates six overseas projects


August 22nd, 2011 - 3:25 pm ICT by IANS
Beijing, Aug 22 (IANS) China National Petroleum Corp. (CNPC), the country's largest oil and gas producer, has terminated six exploration projects in Libya and Niger amid ongoing political turbulence in ... Read more...

Posted in Business |

57 Indian firms in Forbes Global 2000 list


April 23rd, 2011 - 4:33 pm ICT by IANS
Washington, April 23 (IANS) As many as 57 Indian companies including Reliance Industries, State Bank of India and Oil & Natural Gas Corp. figure in The Forbes Global 2000 ... Read more...

Posted in Business |

Two missing after typhoon hit Chinese oil rig


September 8th, 2010 - 2:19 pm ICT by IANS
Beijing, Sep 8 (IANS) Two people are missing after falling into the sea when strong wind brought by a typhoon hit an oil drilling platform in China, officials said Wednesday. The valve on ... Read more...

Posted in World |

Three Chinese firms in top 10 of Fortune 500


July 9th, 2010 - 1:26 pm ICT by IANS
Beijing, July 9 (IANS) Fifty-four Chinese firms are on the Fortune Global 500 companies list by revenue, with three in the top 10, a media report said Friday. Three Chinese companies -- Sinopec, ... Read more...

Posted in Business |

Energy is never the main part of China-Africa cooperation: Chinese Premier


November 8th, 2009 - 3:08 pm ICT by ANI
Cairo (Egypt), Nov 8(ANI): Chinese Premier Wen Jiabao has said that China is not courting Africa to satisfy its booming need for energy."The case is not what the Western reports described, that ... Read more...

Posted in World |

Petrobras signs $10 bn loan deal with China


November 5th, 2009 - 3:46 pm ICT by IANS
Rio de Janeiro, Nov 5 (EFE) Brazilian state-controlled energy giant Petrobras said that it has signed a contract finalising a 10-year, $10 billion loan from China Development Bank (CDB) Corp, the biggest-ever ... Read more...

Posted in Business |

Chinese oil giant takes over Swiss firm


August 18th, 2009 - 9:10 pm ICT by IANS
Beijing, Aug 18 (Xinhua) China's largest oil refinery Sinopec has taken over the Geneva-based oil and gas producer Addax Petroleum Corp., company officials said Tuesday. Sinopec purchased the Swiss oil company for around ... Read more...

Posted in Business |

Head of NIGEC says three major gas projects will be completed by 2014


October 20th, 2008 - 10:52 am ICT by ANI
Nicosia, Oct 20 (ANI): Reza Kasaizadeh, the new Head of the National Iranian Gas Export Company (NIGEC), has said that Irans three major gas projects - the Iran LNG, the Pars ... Read more...

Posted in National |

Kazakh minister to visit India Sunday


August 23rd, 2008 - 9:06 pm ICT by IANS
New Delhi, Aug 23 (IANS) Kazakh Deputy Minister of Energy and Mineral Resources Bulat Akchulakov will visit India Sunday to attend a joint working group meeting on hydrocarbons.He will discuss the prospects ... Read more...

Posted in Uncategorized |

ONGC takes lead in race to buy Imperial Energy


August 22nd, 2008 - 1:16 pm ICT by ANI
London, Aug 22 (ANI): The Oil and Natural Gas Corporation has raced into a lead in the bid to buy Imperial Energy, the 1.2 billion pound London-based oil exploration and production ... Read more...

Posted in National |

China, India in battle for UK energy firm: Report


August 4th, 2008 - 5:39 pm ICT by IANS
London, Aug 4 (IANS) Shares of a Russia-focussed oil and gas company rallied Monday after reports that China was rivalling a buy-up bid by the Oil and Natural Gas Corp Ltd (ONGC) ... Read more...

Posted in Uncategorized |

Chinas Sinopec aims to derail ONGCs bid for UKs Imperial Energy


August 4th, 2008 - 2:38 pm ICT by ANI
London, Aug.4 (ANI): Chinas Sinopec has reportedly made an approach to the London-listed oil and gas explorer, Imperial Energy, which could derail takeover talks between that group and Indias Oil and ... Read more...

Posted in Sports |

Saudi SABIC, Chinese Sinopec plan to expand their cooperation


July 4th, 2008 - 8:55 am ICT by ANI
Nicosia, July 3 (ANI): Saudi Basic Industries Corporation (SABIC) and China Petroleum and Chemical Corporation (Sinopec) are reportedly planning to expand their cooperation in an ethylene derivatives complex in the northern ... Read more...

Posted in World |

Chinese petrol far below global levels even after price hike


June 21st, 2008 - 10:07 am ICT by IANS
By Andreas Landwehr Beijing, June 21 (DPA) "Did you fill up before midnight?" one Beijing taxi driver called out to another Thursday night, making sure they all hit the Chinese capital's petrol stations ... Read more...

Posted in Business |

Chinese stocks fall to 15-month low on unsettled market sentiment


June 13th, 2008 - 5:09 pm ICT by IANS
Xinhua Beijing, June 13 (Xinhua) Chinese stocks continued thier downward spiral Friday with the main index falling to a 15-month low as investors were still nervous about the inflationary pressure and tightening policy. ... Read more...

Posted in World |

Tax cut propels China stocks to biggest gain since 2001


April 24th, 2008 - 7:54 pm ICT by admin
Xinhua Beijing, April 24 (Xinhua) The overnight announcement of a cut in share trading taxes drove Chinese stocks 9.29 percent higher in soaring turnover Thursday. The key Shanghai Composite Index was up 304 ... Read more...

Posted in World |

Kuwait signs six billion dollar joint venture agreement with Vietnam


April 23rd, 2008 - 9:23 am ICT by admin
Nicosia, Apr 23 (ANI): Kuwait Petroleum International (KPI) has signed an agreement to take a stake in a six billion dollar joint venture to build a new refinery in Vietnam, capable ... Read more...

Posted in National |

Qatar Petroleum International, Sinopec to build ethylene plant in China


March 23rd, 2008 - 4:44 pm ICT by admin
Nicosia, Mar 22 (ANI): Qatar Petroleum International (QPI) and China's Sinopec have signed a memorandum of understanding for construction of an ethylene plant with the capacity to produce between 700,000 and ... Read more...

Posted in Sports |

Qatar Petroleum International, Sinopec agree to build ethylene plant in China


March 23rd, 2008 - 1:04 pm ICT by admin
By Y Solomou Nicosia, Mar 23 (ANI): Qatar Petroleum International (QPI) has signed a Memorandum of Understanding (MoU) with China's Sinopec concerning the construction in China of an ethylene plant with the ... Read more...

Posted in National |

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