Sinopec Shanghai Petrochemical Company News

Japan's Mitsui Chemicals Inc said on Tuesday it and China Petroleum & Chemical Corp have set up a 50-50 joint venture in China to build a plant that will make ethylene-propylene-diene terpolymer for 2 billion yuan .

The company is a subsidiary of China Petroleum & Chemical Corporation . SPC is engaged in manufacturing and processing of refined oil products, synthetic resins and fiber products, intermediate petroleum and petrochemical products.

With Facebook expected to make a near-record initial public offering Friday, here's a look back at the 25 largest IPOs ever floated on American stock markets.

IN one of the biggest jobs boosts for Nelson Mandela Bay in recent years, a partnership between Bay businessmen and an Indian steel company will see a R400-million Coega smelter create up to 800 jobs over five years.

China Gas Holdings Ltd., the utility that began life as an online retailer, has become the industry's hottest property as China plans to double use of natural gas and replace coal in the biggest-polluting nation.

International companies trading in New York ended lower Monday, in line with the broader market, as political gridlock in Greece fueled fears that the country could exit the euro zone.

China's big state companies, confident on the outlook for domestic natural gas reforms, are buying up local distributors and raising fresh capital - and making gas the hottest prospect for energy investment in the world's top energy consumer.

The rig, CNOOC-981 is pictured above. The development is major technological progress for China, which claims to have developed the new platform indigenously through its state-owned corporation, China National Offshore Oil Corporation [ : CEO, Hong Kong: 0883]. It also occurs in an area where China has clashed recently with neighbors including the ... (more)

In early May, Devon Energy became one of few energy companies to miss analyst expectations this earnings season, reporting $1.05 earnings per share in the first quarter.

With global energy demand continuing to rise at a rapid pace and traditional sources of supply dwindling, many E&P firms have taken to unconventional assets in spades.

The Chen Guangcheng controversy was the focus of international attention this week, as the case of the blind dissident put US-Sino relations to its toughest test in a decade.