32 min ago
The Washington Post
Sinopec, PetroChina Plan 40% Growth in Shale Output to Meet Goal
China's largest oil and gas producers plan to increase shale-gas output by 40 percent a year to meet the nation's production target. China Petroleum & Chemical Corp. plans to invest 21.5 billion yuan in shale-gas drilling and expects to produce as much as 3.5 billion cubic meters by 2015, while PetroChina Co.
6 hrs ago
Super Nova Petroleum Corp.: Closing of Private Placement of 1,791,474 Units at $0.05
Each unit is comprised of one common share and one three year common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at a price of /share during the last year of the exercise period.
Mon Sep 15, 2014
Why China Petroleum & Chemical (SNP) Stock Is Down Today
Sinopec, as the company is known, said the unit will sell a combined 29.99% stake to 25 investors including Fosun International TheStreet Ratings team rates CHINA PETROLEUM & CHEM CORP as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate CHINA PETROLEUM & CHEM CORP a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks.
Emerging Stocks Extend Longest Loss in 10 Months on China Data
Emerging-market stocks fell for an eighth day after Chinese factory and retail sales data indicated the world's second-largest economy is slowing further. China Construction Bank Corp. led a gauge of Hong Kong-traded Chinese shares to a five-week low.
Sun Sep 14, 2014
Sinopec offloads 107b yuan stake
China Petroleum & Chemical Corp. , Asia's top refiner, agreed to sell a 107 billion yuan stake in its retail business to a group of investors that includes China Life Insurance. Sinopec, as the company is known, said the unit will sell a combined 29.99 percent stake to 25 investors, including Fosun International , run by billionaire Guo Guangchang.
Sinopec says sells stake in retail unit
China Petroleum and Chemical Corp, known as Sinopec, has agreed to sell a 107.1 billion yuan stake in its retail unit to a group of 25 Chinese and foreign investors, Asia's top refiner said in a statement on Sunday. Sinopec has agreed to sell a 29.99 percent stake in its retail unit to the group of investors, including China Life Insurance Co Ltd and Fosun International Ltd , the statement said.
Fri Sep 12, 2014
Yizheng Plans $5 Billion Deals to Become Oil Engineer
Sinopec Yizheng Chemical Fibre Co. plans to change itself into a petroleum-engineering company from a polyester maker through 30.6 billion yuan of share-for-asset swaps with its controlling shareholder and ultimate parent.
Thu Sep 04, 2014
China Petroleum & Chemical Corp Reaches New 1-Year High at $105.84
China Petroleum & Chemical Corp shares hit a new 52-week high during mid-day trading on Thursday , Stock Ratings News reports. The company traded as high as $105.84 and last traded at $104.91, with a volume of 53,797 shares changing hands.
Wall Street Journal
China's State Firms Hunt for Investors
State-owned China Petroleum & Chemical Corp., known as Sinopec, last week started the process of vetting would-be investors in a new unit that operates more than 30,000 gasoline stations and 23,000 convenience stores in some of the richest areas of the country.
Tue Sep 02, 2014
Mexico Oil Opening Enticing Driller to Capital Markets
Grupo Diavaz, one of Mexico's largest closely held oil service providers, plans to sell stocks or bonds for the first time in anticipation of new projects as Mexico opens the energy industry to private capital.
Fri Aug 29, 2014
Sinopec, PetroChina turn upbeat on Chinese shale gas
China energy heavyweights Sinopec PetroChina have raised their outlook on the country's shale gas industry but stopped short of predicting a near-term boom.
China Petroleum & Chemical Corp Given Consensus Recommendation of "Hold" by Brokerages
Shares of China Petroleum & Chemical Corp have received an average rating of "Hold" from the eight ratings firms that are covering the company, Stock Ratings Network.com reports .
The Zacks Analyst Blog Highlights: China Petroleum and Chemical,...
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
Thu Aug 28, 2014
Wall Street Breakfast: Telefonica, Telecom Italia In Bidding War For Vivendi's GVT
Economy In a grudging first step towards opening its state-dominated oil sector, China has granted a crude import license to non-state-owned Guanghui Energy.
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.
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.
Wed Aug 27, 2014
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.
Tue Aug 26, 2014
4 Foreign Blue-Chip Stocks With 4% Dividend Yields to Buy
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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.
Mon Aug 25, 2014
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%.