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China Petroleum and Chemical News

News on China Petroleum and Chemical (Ticker: SNP) continually updated from thousands of sources around the net.

1 hr ago | Business Journal

a Major deals total $400M for owners of Lakes on Post Oak buildings

Two office buildings recently sold and one is pending sale at the Lakes on Post Oak complex, which is adjacent to the Galleria.

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Related Topix: Oil & Gas, Houston, TX

5 hrs ago | Bloomberg

PetroChina First-Half Profit Rises 4% on Higher Gas Prices

PetroChina Co. , the nation's biggest oil and gas producer, met forecasts with a 4 percent increase in first-half profit after it sold natural gas at higher prices.

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Related Topix: PetroChina Company, Oil & Gas

Wed Aug 27, 2014

Bloomberg

Sinopec Draws Interest From China Life, ENN for Unit

China Petroleum & Chemical Corp. , Asia's top refiner, drew interest from the nation's biggest insurance company and gas supplier ENN Energy Holdings Ltd. as it seeks to raise about $16 billion selling a stake in its retail unit.

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Related Topix: Oil & Gas, China Petroleum and Chemical, Energy, Real Estate, Equity Inns

Tue Aug 26, 2014

TheStreet.com

4 Foreign Blue-Chip Stocks With 4% Dividend Yields to Buy

Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.

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Related Topix: Financial Markets, Mozilla, Oil & Gas, Chile, World News, TheStreet

Bloomberg

Sinopec Shortlists 37 for Sale in Retail Unit

China Petroleum & Chemical Corp. shortlisted 37 potential buyers as Asia's biggest refiner seeks to sell a third of its retail unit to raise about $16 billion.

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Related Topix: Oil & Gas, China Petroleum and Chemical, Energy, Tencent

Mon Aug 25, 2014

Barron's

Sinopec: Timing Of Retail Divestment, Analysts Grew Cautious

China Petroleum & Chemical Corp. , or Sinopec , gained another 4.3% yesterday after a strong second-quarter beat, bringing this stock's gain this year to 30.4%.

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Related Topix: Sinopec Shanghai Petrochemical Company, Oil & Gas, China Petroleum and Chemical, Energy

AmericanBankingNews.com

China Petroleum & Chemical Corp Lowered to Neutral at Citigroup Inc.

A number of other firms have also recently commented on SNP. Analysts at Zacks upgraded shares of China Petroleum & Chemical Corp from an "underperform" rating to a "neutral" rating in a research note on Friday, July 18th.

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Related Topix: Oil & Gas, China Petroleum and Chemical, Energy

Bloomberg

ENN Boosts Cooperation With Sinopec Retail Ahead of Sale

ENN Energy Holdings Ltd. , a distributor of natural gas in China , said it would increase cooperation with Sinopec's fuel stations business, as Asia's biggest refiner seeks buyers for about a third of the unit.

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Related Topix: Sinopec Shanghai Petrochemical Company, Oil & Gas, Real Estate, Equity Inns

Sun Aug 24, 2014

Bloomberg

China's Stock-Index Futures Rise After Posting Weekly Gains

Futures on the CSI 300 Index expiring in September added 0.3 percent to 2,374.60 at 9:15 a.m. Railway stocks may move after Premier Li Keqiang said the industry should seek private funds for investment.

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Related Topix: World News, China, Asia, Financial Markets, Li Keqiang, Oil & Gas

Sat Aug 23, 2014

Marine News

Kuwait to Boost Oil Exports to China

"With new and mutual cooperation between the two parties, there is a good sign of increasing the volume of our crude oil exports to China up to 500,000 bpd in the next three years," Nasser Al-Mudhaf, KPC's Managing Director of International Marketing told Under the deal signed this week, KPC will initially export 300,000 barrels per day of crude ... (more)

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Related Topix: China Petroleum and Chemical, Energy, Oil & Gas, Kuwait Petroleum

Fri Aug 22, 2014

Bloomberg

Sinopec's Profit Climbs on Wider Crude-Processing Margin

China Petroleum & Chemical Corp. posted a better-than-expected 7.5 percent increase in first-half profit as Asia 's biggest refiner widened the margin it earns from processing crude oil into fuels.

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Related Topix: Oil & Gas, Sinopec Shanghai Petrochemical Company, China Petroleum and Chemical, Energy

Sys-Con Media

Sinopec Announces 2014 Interim Results

Despite slowing growth in demand for refined oil products and tumbling prices for chemical products, the Company achieved a double digit increase in operating profit, thanks to increased production and sales volume of high quality oil products which led to a year-on-year operating profit growth in its refining and marketing businesses.

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Related Topix: Sinopec Shanghai Petrochemical Company, Oil & Gas, Marketing

Business World

Hong Kong shares finish higher

Hong Kong shares rose on Friday, tracking gains in the U.S. after upbeat economic data sparked a record close on Wall Street.

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Related Topix: Oil & Gas

South China Morning Post

Sinopec Kantons shares up 7pc after 63.4pc jump in first-half profit

Shares of Sinopec Kantons, the oil trading and energy logistics arm of the mainland's second largest oil and gas producer, China Petroleum & Chemical , rose 7 per cent on Friday morning after it posted a 63.4 per cent year-on-year jump in interim profit.

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Related Topix: Oil & Gas, China Petroleum and Chemical, Energy

Thu Aug 21, 2014

Wall Street Journal

Sinopec Seeks Help With Retail Unit

China Petroleum & Chemical Corp., or Sinopec, is in talks with numerous Chinese companies, including Tencent Holdings Ltd., about either selling a stake or forming alliances in its gas-station-to-convenience store business, as part of the state-owned oil giant's moves to reform itself.

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Related Topix: Oil & Gas, China Petroleum and Chemical, Energy

Tue Aug 19, 2014

MarketWatch

Hong Kong stocks seesaw after hitting six-year high

China's largest offshore oil producer, declined 1.8%, while refining giant China Petroleum & Chemical Corp. -- better known as Sinopec Intraday Data provided by SIX Financial Information and subject to terms of use .

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Related Topix: Financial Markets, Oil & Gas, Dow Jones , Publishing, Media

Mon Aug 18, 2014

Reuters

Canada's Couche-Tard makes short-list in $16bln Sinopec unit sale -sources

Canadian retailer Alimentation Couche-Tard Inc and China's Tencent Holdings Ltd are among suitors short-listed to buy a $16 billion minority stake in China's Sinopec Sales, the world's largest fuel retail network, people familiar with the matter told Reuters.

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Related Topix: Alimentation CoucheTard, Retail, Oil & Gas

Wed Aug 13, 2014

AmericanBankingNews.com

China Petroleum & Chemical Corp Hits New 12-Month High at $100.17

Shares of China Petroleum & Chemical Corp hit a new 52-week high during mid-day trading on Wednesday , AnalystRatings.Net reports.

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Related Topix: Oil & Gas, China Petroleum and Chemical, Energy

Tue Aug 12, 2014

South China Morning Post

Sinopec and Tencent consider collaboration

Tencent president Martin Lau Chi-ping met with China Petrochemical chairman Fu Chengyu to discuss potential co-operation.

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Related Topix: Sinopec Shanghai Petrochemical Company, Oil & Gas, Tencent, Energy, China Petrochemical

Wed Aug 06, 2014

Seeking Alpha

How Crucial Is The Papua New Guinea LNG Plant For ExxonMobil?

Hides, a field in Papua New Guinea, has a lot of gas, which warrants the addition of another train on the facility.

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Related Topix: Papua New Guinea, Oceania, World News, Exxon Mobil, Energy, Oil & Gas

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