BEIJING, Sept 14 (Reuters) - China Petroleum and Chemical Corp, known as Sinopec , has agreed to sell a 107.1 billion yuan ($17.5 billion) stake in its retail unit to a group of 25 Chinese and foreign...
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
interest in its Egypt oil and gas business to a subsidiary of Sinopec Group for $3.1 billion in cash. The transaction is part of a global strategic partnership between Apache and Sinopec that will likely involve additional upstream oil and gas
China Petroleum & Chemical Corporation (otherwise known as Sinopec ) SNP reported earnings for the first ..... division makes up 25% of Sinopec ’s total assets; we still ..... profitability and returns for Sinopec . We think, however, that
On Tuesday, Sinopec Corp. SNP issued shareholders as of June 18 three shares for every ten shares owned. We have updated our model for the new share count
the first quarter of 2012. Even the refining division, which experienced lower losses year over year, underperformed Sinopec SNP this quarter, which managed to turn a small profit. Looking at the financing side of the business, we note that total
Sinopec Corp. SNP reported first-quarter results on Thursday that were self-described as “remarkable”; we’d opt for the term “acceptable
China Petroleum & Chemical Corporation , SNP (a.k.a. Sinopec ) reported 2012 results on Monday. Despite the punishing ..... 18 billion, and CNY 26.7 billion the year prior. Sinopec also disclosed that it will acquire a 50% net interest
Sinopec Corp (a.k.a China Petroleum & Chemical Corporation ) SNP and Sinopec Shanghai SHI released third-quarter results that ..... even when they produce uneconomic returns. For Sinopec Corp, upstream production is allowing the firm
BEIJING (Reuters) - China's Sinopec Group , the parent of Sinopec Corp, has ordered the closure of three plants, including two refineries in the southern province of Guangdong, for environmental checks, the company said in a statement.