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Pétrole : La raffinerie chinoise ''Sinopec'' prévoit une baisse de 50% de
2008-04-21 12:31:00 China Petroleum and Chemical Corporation (Sinopec), le plus grand raffineur pétrolier de la Chine, a prévu une baisse de plus de 50% en base annuelle de ses bénéfices nets au premier trimestre 2008. Cependant, la compagnie n'a pas spécifié le montant de ses bénéfices durant les trois premiers mois de cette année, selon son estimation préliminaire. La compagnie a indiqué que la hausse continue du prix du pétrole brut sur le marché mondial et les contrôles du prix en Chine avaient entraîné de grandes pertes dans le secteur de la raffinerie et réduit les marges bénéficiaires.
Sinopec leads 7-month low in China stocks
2008-03-11 09:00:00 The latest industry headlines on Tuesday, March 11, 2008. Sinopec leads 7-month low in China stocks China’s stocks fell to the lowest in seven months after the U.S. unexpectedly lost jobs in February, raising concern...(Read more) U.S. consumers favor Chinese products U.S. consumers believe Chinese products have the second best value in the world, only after the American goods, a recently released survey shows... (Read more) China: Food poisoning deaths up in 2007 Food poisoning deaths in China rose by about one-third in 2007, the state-run news agency reported Sunday amid ongoing scrutiny over the safety of the country's food production chain...(Read more) China to "ban" non-green foreign investment China has been reforming its policies in an effort to discourage overseas investment in energy-intensive, polluting and resource-based ventures — the so-called smokestack industries...(Read more) Number of China cellphone users rises to 555m In January 2008, mobile phone ...
By: tootooblog
China?s Sinopec, Iran sign agreement on developing Yadavaran oilfield
2008-03-05 06:30:00 China?s biggest refiner, Sinopec, and Iran have signed a $2 billion agreement on developing the Yadavaran oil field, on Tuesday, firming Beijing?s business links with Tehran despite global sanctions over Iran?s peaceful nuclear program. The long-awaited agreement signed in Tehran completes a 2004 memorandum of understanding for state-owned Sinopec Group to help develop the huge ...
By: 1913 Intel
Sinopec to reportedly invest $5 bln in Indonesia biofuel project
2008-01-22 13:01:00 China Petroleum & Chemical Corp will invest $5 billion to produce biofuel made from crude palm oil and jatropha curcas oil in the Indonesian provinces of Papua and Kalimantan, Indonesia's national news agency Antara reported Tuesday.Sinopec will form a partnership with local company PT Puri Usaha Kencana to build biofuel factories and grow oil palm and jatropha, the report said, quoting Indonesia's National Team for Biofuel Chairman Al Hilal Hamdi.The project is likely to begin this year.Indonesia News Blog: http://indosnesos.blogspot.com-
CHINA: Sinopec to triple oil import from Iran
2007-12-14 10:21:00 China's refiner Sinopec Corp. will triple its import of crude from Iran next year, boosting its share of crude from OPEC's second largest producer. Its state-run parent company, Sinopec Group, currently importing 60,000 barrels per day (bpd) is determined to purchase 160,000 bpd as of next year,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
CHINA - IRAN: oil deal, setback for US
2007-12-12 13:25:00 China's Sinopec signed a multi-million-dollar deal with Iran to develop an oil field in southern Iran, despite the US opposition. The agreement indicates Washington's claims that international firms are not willing to invest in Iran are baseless, said Iranian Oil Minister Gholam-Hossein... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
CHINA-IRAN: Sinopec, oilfield deal
2007-12-10 19:21:00 Iran signed a contract with China's Sinopec yesterday for the development of Iran's huge Yadavaran oilfield, the kind of energy deal the US has been trying to prevent. Sinopec group agreed in 2004 to take the lead in developing Yadavaran field and to buy 10 million tonnes of liquefied natural gas... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
CHINA: To import more oil
2007-12-09 01:50:00 China's two oil giants, Sinopec and PetroChina, said on Saturday that they would import more refined oil while increasing domestic production to ease fuel shortage in the country. China has been hit by shortage of refined oil, as some oil refineries have cut production and some others hoard oil... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
ASIA: China plans subsidies for refiners to help ease fuel cost burden
2007-12-07 05:25:00 China will give subsidies to oil refiners to help offset the gap between high international crude oil prices and controlled domestic fuel prices, state media reported on Thursday. The companies will receive rebates and will be exempt from paying oil import duties, the official Xinhua News Agency... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
ASIA: Kuwait in talks to build refinery complex in India
2007-12-07 05:19:00 Kuwait Petroleum Corp is in talks with Indian firms, including Reliance Industries, to build a large refinery and petrochemical plant in Asia's third-largest oil consumer, its top official said on Thursday. A deal with leading private company Reliance, whose project to nearly double capacity will... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
KUWAIT: Dawlat al-Kuwayt is seeking to drop Shell for $5bn refinery
2007-09-27 00:40:00 Kuwait wants to drop Royal Dutch Shell as a partner and is instead considering BP in a project to build a $5 billion oil refinery in Guangdong in China, reports said yesterday.Shell had hoped to gain a foothold in the domestic fuel market of China, the world's second-largest energy consumer, through the Guangdong plant, after an attempt to take a share in another refining project failed last year.The refinery would be one of the largest joint venture investments in China, similar in size to the $5bn refinery to be built by ExxonMobil and Saudi Aramco in Fujian.State-owned Kuwait Petroleum Corporation (KPC) and China's largest refinery Sinopec received preliminary Chinese government approval for the Guangdong plant last year.In August, Sinopec said Shell and US Dow Chemical Co were also in talks to participate.There were several reasons KPC no longer wanted Shell involved, including objections from China's National Development and Reform Commission, Kuwait's state news agency Kun...
By: ENERGY BLOG
Sinopec Benefits from Drop in Oil Prices
2007-08-30 04:44:00 China Petroleum & Chemical Corp., known as Sinopec, said that net profit for the six months ended June totaled 36.19 billion yuan ($4.79 billion), up from 21.87 billion yuan a year earlier. Revenue rose to 566.83 billion yuan from 491.22 billion yuan. The average cost of processed oil fell 7% to $60.80 a barrel ...
CHINA: CNPC, Sinopec Rejected to Insure Their Accident Hazards
2007-08-30 02:54:00 China National Petroleum Corporation (CNPC) and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
CHINA: Sinopec Profit Growth Slows as Oil Costs Trim Margins
2007-08-27 13:04:00 China Petroleum & Chemical Corp.'s profit growth... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
GSE Systems Announces Strategic Partnership with SINOPEC Ningbo …
2007-07-30 23:58:00 Forbes - … manufacturing and government sectors announced it has entered into a Strategic Partnership with SINOPEC Ningbo Engineering … While we cannot assess the future impact that any... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: Engineers Voice
Sinopec Refines More Crude But Misses Target
2007-07-27 09:38:00 China Petroleum & Chemical Corp., known as Sinopec Corp., said it refined 6.4% more crude oil in the first six months of this year than it did in the year-earlier period, but fell slightly short of its target. Asia’s largest refiner in terms of capacity said it processed 76.3 million metric tons of crude ...
CHINA: Sinopec Discovery May Hold 200 Million Tons of Oil
2007-05-30 11:54:00 China Petroleum & Chemical Corp., the nation's largest refiner, made an oil discovery in western... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
IRAQ - IRAN : The Persian Goverment wants to develop shared oilfields with
2007-05-28 19:35:00 Read more | Digg story Iran wants to develop previously untapped oil fields shared with... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Sinopec Corp. Announces 2007 First Quarter Results (Business Wire)
2007-04-16 00:00:00 BEIJING----China Petroleum & Chemical Corporation today announced its financial results for the first quarter ended 31 March 2007.
By: Commodity Wealth
Sinopec Corp. Announces 2007 First Quarter Results (Business Wire)
2007-04-16 00:00:00 BEIJING----China Petroleum & Chemical Corporation today announced its financial results for the first quarter ended 31 March 2007.
By: Commodity Wealth
Sinopec Reports Rise in 2006 Net Profit (AP)
2007-04-10 00:00:00 China Petroleum & Chemical Corp., Asia's largest refiner by capacity, said its net profit surged 30 percent last year as strong sales and moderating crude oil prices in the latter part of the year helped offset a tripling in refining losses.
By: Commodity Wealth
CHINA: ExxonMobil, Sinopec, Seal Joint Chinese Refinery Venture
2007-04-01 11:58:00 U.S. oil giant ExxonMobil Corp. said this morning it has signed a deal with China Petroleum & Chemical Corp. (Sinopec) and Saudi Aramco to expand an oil refinery in southern China, build a chemical facility, and operate a chain of 750 filling stations. Refinery capacity is expected to more than triple to 240,000 bpd. Exxon and Saudi Aramco will each own 25% of the $5 billion venture; the rest
By: ENERGY BLOG
ExxonMobil, Sinopec, Seal Joint Chinese Refinery Venture
2007-03-30 00:00:00 Related Stocks: SNP, XOM U.S. oil giant ExxonMobil Corp. said this morning it has signed a deal with China Petroleum & Chemical Corp. (Sinopec) and Saudi Aramco to expand an oil refinery in southern China, build a chemical facility, and operate a chain of 750 filling stations. Complete Story »
By: Commodity Wealth
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