Sinopec

Power stocks boost mainland equities

Chinese stocks rose, driving the benchmark index to its highest in more than three months, as energy producers and utilities advanced after snowstorms boosted demand for power. Real estate developers declined. China Shenhua...

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Hong Kong stocks finish 0.86% lower

Hong Kong shares Thursday fell for a third day, with the benchmark index moving down 0.86 percent, or 197.17 points at 22,643.16 due to overnight falls on the Wall Street. Hang Seng Index opened up 0.24 percent, or 54.51 points...

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Sinopec to build 100 odd new gas stations in Chongqing

It is reported that Sinopec Corp China leading oil products supplier plans to build more than 100 new gas stations at Chongqing in South Western China before 2015 in a bid to handle a larger local market share. Sinopec...

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China to increse crude imports from Saudi Arabia

Chinese state oil firms have agreed to raise 2010 crude imports from Saudi Arabia by about 12 percent from this year to top one million barrels a day, traders said, as demand in the world's No.2 oil user is poised to recover...

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Iran: $4B For Yadavaran Jofeir Development

The Iranian government approved the development of Yadavaran and Jofeir oilfields as buy-back schemes worth $4.071 billion by China's Sinopec and Belarusian Belarusneft in order to produce 110,000 barrels of oil per day.

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Uzma diversifies into exploration and production

HELPING clients exploit the very last drop of oil by using its expertise and knowledge in marginal fields production used to be what Uzma Bhd did – until now, that is. The oil and gas services provider bought a 35% stake in...

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China Petroleum and Chemcial (SNP) 11/20/09 PriceWatch Alert Up To 29.31% Return

Posted: Friday, November 20, 2009 8:22 AM EDT China Petroleum and Chemcial (NYSE: SNP) closed yesterday at $87.18. So far the stock has hit a 52-week low of $46.45 and 52-week high of $94.00. China Petroleum and Chemcial stock...

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China shares mixed on electricity price increase (AP)

China shares mixed on electricity price increase, end week up 3.8 pct; resources fall SHANGHAI (AP) -- Chinese shares ended mixed Friday after a five-day rally on electricity price increases, but finished the week up 3.8...

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Benchmark Shanghai Composite Index Rallies to 3,300

SHANGHAI, Nov 19, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's benchmark Shanghai Composite Index closed at above 3,300 on the strong growth of two oil majors and the Chinese A-share market capitalization rebounded...

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The global crackdown on corporate bribery: Ungreasing the wheels

Governments around the world are making life difficult for corrupt firms IF EVER a clash was inevitable between one country’s commercial law and another’s business culture, it would be between America’s Foreign Corrupt...

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