Friday Dec 6
Sinopec Establishes a Joint Venture with Huayi Group
ENP Newswire - 06 December 2013 Release date- 05122013 - Zhongan Huayi New Materials Co., Ltd. recently convened its first meeting of shareholders and the first meetings of its Board of Directors and Board of Supervisors in Shanghai , marking the formal inception of Zhongan Huayi New Materials Co., Ltd. as a joint venture between Sinopec and Huayi ... (more)
The Motley Fool
Whither Oil for a Russian Bear?
Russia exports over 6 million barrels of crude oil a day. Rosneft lifts over 40% of the oil in Russia.
The Indian Express
2,000 tonnes gasoline leaks after pipeline ruptures in China
China's woes with oil leakages continued with the rupture of yet another pipeline owned by Sinopec, the country's top oil firm, resulting in the loss of about 2,000 tonnes of gasoline on Wednesday.
1st batch of 5,000 carbon emission permits bought
The first carbon emission permits in Shanghai traded at 27 yuan each yesterday after the city launched its carbon trading market.
The Washington Post
Sinopec Personnel Detained After Deadly Pipeline Blast
Chinese authorities detained seven people from China Petroleum & Chemical Corp., the nation's biggest refiner, after at least 55 died in a pipeline blast.
Hong Kong: Profit-taking cuts gains
SHARES ended flat yesterday, with profit-taking wiping out earlier gains that were fuelled by another record close on Wall Street.
Chinese Stocks Reverse Losses as Defense Rally Counters Sinopec
China's stocks rose for the first time in three days as a rally by defense-related shares and port companies countered a drop by China Petroleum & Chemical Corp. Anhui Sun-Create Electronics Co., a radar maker, and China Avic Avionics Equipment Co.
Sinopec's Qingdao Refinery Disrupted as Blast Death Toll Rises
China Petroleum & Chemical Corp. , Asia 's largest refiner, said operations at its "super-large" production complex in Qingdao will be disrupted after a crude pipeline leak and blast that killed at least 52 people.
China plans to launch crude oil futures market
China, the world's largest energy consumer, on Friday took a step towards launching a market of its own for crude oil futures -- which foreign investors may be allowed to trade.
Asian Markets Gain
The Nikkei gained 1.9%. The Shanghai Composite surged 2.4% while the Hang Seng was up 1.5%.