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Sinopec Limited

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  1. Ecuador awards $2.12B in contracts to boost crude output

    Headlines

    Thu, 9 Oct 2014

    member, has signed contracts with companies including Halliburton (NYSE: HAL ), Schlumberger (NYSE: SLB ), Sinopec (NYSE: SNP ) and YPF for a combined $2.12B investment. A joint venture between SLB and Tecpetrol will invest at least

  2. Petronas warns costs, approval delays may derail Pacific LNG project

    Headlines

    Mon, 6 Oct 2014

    LNG marketing window, anticipated in 10-15 years.” In April, Petronas sold a 15% stake in the project to Sinopec (NYSE: SNP ); earlier, Japan Petroleum Exploration and Indian Oil Corp. each took 10% stakes. Backers of competing LNG

  3. Saudi Aramco refinery with Sinopec said to start hydrocracker in 2015

    Headlines

    Tue, 30 Sep 2014

    Saudi Aramco and partner Sinopec (NYSE: SNP ) plan to start a main refinery unit for making gasoline from crude oil at a joint venture plant on the Red Sea next year, Bloomberg

  4. Sinopec , PetroChina plan to increase shale output by 40%

    Headlines

    Wed, 17 Sep 2014

    Sinopec ( SNP -0.4% ) and PetroChina ( PTR +2 ..... meet the country’s production target. SNP plans to invest 21.5B yuan ($3.5B ..... Resources. China’s 2015 target depends on SNP 's ability to produce shale gas at the Fuling

  5. Sinopec smacked as reform stays too close to home

    Headlines

    Mon, 15 Sep 2014

    Investors are underwhelmed by Sinopec 's ( SNP -5.5% ) plan to sell a $17.5B ..... clout to press for meaningful changes. SNP 's story will now return to its business ..... James Hubbard; on the plus side, SNP is selling lower-sulfur fuels to

  6. Sinopec to use $17.5B raised from sale to strengthen retail business, reduce debt

    Headlines

    Mon, 15 Sep 2014

    After announcing the sale of a $17.5B stake in its retail unit to investors, Sinopec (NYSE: SNP ) now says it will use the cash toward optimizing its retail fuel business, boosting its non-fuel sales and paying down debts

  7. Sinopec says sells stake in retail unit

    Headlines

    Sun, 14 Sep 2014

    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...

  8. Our Outlook for Energy Stocks

    Headlines

    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

  9. Apache Sells 33% Interest in Egyptian Operations for $3.1 Billion in Cash

    Commentary

    Fri, 30 Aug 2013

    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

  10. Sinopec Provides Results for First Half of 2013, Manages to Deliver Small Refining Profit

    Commentary

    Mon, 26 Aug 2013

    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

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