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  1. Sinopec H1 production rises 8% on overseas output


    Tue, 22 Jul 2014

    Sinopec (NYSE: SNP ) reports an 8% Y/Y gain in H1 oil and gas production to 237M barrels as overseas output doubled. Overseas crude oil production

  2. Update-Moody's : CNPC and Sinopec can withstand overcapacity challenges


    Tue, 22 Jul 2014

    China National Petroleum Corporation (CNPC) and China Petroleum and Chemical Corporation ( Sinopec )

  3. Sinopec's Fuling verified as China's first large shale gas play


    Fri, 18 Jul 2014

    The Chinese government verifies shale gas reserves in Sinopec 's (NYSE: SNP ) Fuling field in the southwest of the country, with production from 29 test wells averaging 3.2M cm/day, signaling the official

  4. China signs $1.6B engineering deal for Siberian LNG project


    Thu, 10 Jul 2014

    project in the Russian Arctic. Russian gas producer Novatek is developing the $27B project with Total ( TOT ) and Sinopec ( SNP ); the first production unit, with annual capacity of 5.5M metric tons, is due to be launched in 2017. Post your

  5. Report: Sinopec may back away from Northern Lights oil sands lease


    Wed, 9 Jul 2014

    Sinopec ( SNP ) reportedly may shelve development of its Northern Lights oil sands ..... technical staff to Canada from China are said to have raised concerns at SNP and PetroChina ( PTR ). SNP owns a 50% stake in Northern Lights, while Total ( TOT ) holds

  6. Sinopec forms new lubricants subsidiary, part of effort to seek private capital


    Wed, 2 Jul 2014

    Sinopec ( SNP ) says it is establishing a new subsidiary to house its lubricants business ..... an effort to bring private capital into the division. The move comes as SNP restructures its operations following last year's landmark reform blueprint

  7. Sinopec retail fuel stake open to domestic and foreign investors


    Tue, 1 Jul 2014

    Sinopec ( SNP ) says it would consider both domestic and overseas investors when selling ..... fuel business, which made a net profit of 25.1B yuan ($4B) last year. SNP does not disclose a timetable for the sale, but it rules out a public offering

  8. BP says Iraq operations unaffected by violence, CNPC evacuates some staff


    Tue, 17 Jun 2014

    not yet moved employees at the giant Rumaila oilfield in southern Iraq where BP also operates. Chinese compatriots Sinopec ( SNP ) and Cnooc ( CEO ), which also operate in southern Iraq, have yet to evacuate their staff. Royal Dutch Shell ( RDS

  9. WSJ: Sinopec doubles oil output at Iranian project


    Tue, 10 Jun 2014

    Sinopec ( SNP +1.7% ) has doubled production at its Yadvaran oil project in Iran ..... reportedly has increased to ~50K bbl/day from 25K in early April, and SNP is pushing to start a new phase to boost output to 135K bbl/day. The push

  10. Our Outlook for Energy Stocks


    Thu, 26 Sep 2013

    oilfields (through Sinochem 600500), and it is one of Syria's primary trading partners. Recently, China (through Sinopec SNP ) also agreed to pay $3.1 billion for 33% of Apache 's APA Egyptian operations, agreed to loan Nigeria $1.1

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