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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.

Wednesday Apr 16 | Sys-Con Media

Super Nova Petroleum Corp. Increases Financing from $420,000 to $600,000

The company has closed the first tranche of a non-brokered private placement of $224,398.00 consisting of 3,739,966 units made up of one $0.06 common share and one whole warrant to purchase a common share of the company at $0.075.

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Related Topix: Oil & Gas, Frio County, TX

Tue Apr 15, 2014

Reuters

Press Digest- China - April 16

Chinese newspapers available in Beijing and Shanghai carried the following stories on Wednesday.

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Related Topix: World News, China, Asia, Oil & Gas

The Washington Post

Sinopec to Pay $1.2 Billion for Lukoil's Stake in Kazak Assets

China Petroleum & Chemical Corp., Asia's biggest refiner known as Sinopec, agreed to pay about $1.2 billion to buy a 50 percent stake in energy assets in Kazakhstan from Russia's OAO Lukoil.

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

Mon Apr 14, 2014

Seeking Alpha

Wall Street Breakfast: Must-Know News

Economy Pro-Russian armed separatists in several cities in eastern Ukraine have ignored a deadline from Ukraine's government to disarm, and vacate administrative buildings and other positions they've taken up.

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Related Topix: Terrorism, Financial Markets, Oil & Gas

Sun Apr 13, 2014

MarketWatch

Tesla, Sinopec may build charging stations in China

Chief Executive Elon Musk is reportedly visiting China this month for talks with China Petroleum & Chemical Corp. -- better known as Sinopec -- one of China's largest refiners, to build charging units in Sinopec's nationwide service-station network, according to a Chinese media report Monday.

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Related Topix: World News, China, Asia, Oil & Gas,

Sat Apr 12, 2014

The Washington Post

CNPC Blamed for Contaminating China City's Water, Xinhua Says

Chinese investigators traced the source of a chemical that contaminated the water supply of 2.4 million people to a leak from an oil pipeline run by a unit of China National Petroleum Corp., the Xinhua News Agency said.

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Related Topix: World News, China, Asia, Oil & Gas, Business News

Fri Apr 11, 2014

Wall Street Journal

Sinopec Invites Banks to Submit Proposals for Retail Sale

China Petroleum & Chemical Corp., China's largest oil refiner, has invited banks to pitch for handling the sale of part of its retail assets of thousands of gas stations and convenience stores, people familiar with the matter said Friday.

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

Mon Apr 07, 2014

Bloomberg

China's Stocks Rise to Four-Week High, Led by Energy Producers

China's stocks rose, sending the benchmark index to its highest level in a month, as gains by energy producers and banks overshadowed losses by technology and small-cap companies.

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Related Topix: World News, China, Asia, Financial Markets, Oil & Gas, Solar Energy, Alternative Energy, Renewable Energy (Green Energy), Energy

Sun Apr 06, 2014

Green Car Congress

Sinopec targeting 10B cubic meters of gas per year by 2017 from...

China Petroleum and Chemical Corporation said that it had made significant breakthroughs in the exploration and development of shale gas in China, and is planning to develop the Fuling shale gas field into China's first shale gas field with an annual production capacity of 10 billion cubic meters by 2017.

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

Fri Apr 04, 2014

Sys-Con Media

Super Nova Announces the Grant of 700,000 Options at $0.07

THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS.

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Related Topix: Oil & Gas

Thu Apr 03, 2014

JD Journal

Sinopec Selling 30 Percent Stake in Retail Unit

The Goldman Sachs Group Inc. is working with Asia's largest refiner, China Petroleum & Chemical Corp., according to Bloomberg News, on the sale of a stake in its retail assets.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Sinopec Shanghai Petrochemical Company, Oil & Gas, Startups, Publishing, Media, IGN Entertainment, Century Media Records, Ottaway Newspapers, Music

Wed Apr 02, 2014

Reuters

Market Chatter- Corporate finance press digest

* China Petroleum & Chemical Corp , Asia's biggest oil refiner, has picked Goldman Sachs Group Inc to help sell a stake in its retail assets, Bloomberg reported, citing people with knowledge of the matter.

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Related Topix: Oil & Gas, China Petroleum and Chemical, Energy, Goldman Sachs, Financial Services, Investment Services, Independence Community Bank, Banking

Bloomberg

Sinopec Said to Pick Goldman Sachs for $30 Billion Retail Sale

China Petroleum & Chemical Corp. , Asia 's largest refiner, is working with Goldman Sachs Group Inc. on the sale of a stake in its retail assets, according to people with knowledge of the matter.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Oil & Gas, China Petroleum and Chemical, Energy

Mon Mar 31, 2014

Reuters

UPDATE 1-Shandong Molong shares slide after company posts full-year loss

Shares of China's Shandong Molong Petroleum Machinery Co Ltd fell as much as 8.9 percent on Tuesday to their lowest in a year after red ink in its mainstay casing and tubing division resulted in a 2013 loss.

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Related Topix: Oil & Gas, Financial Markets

Sys-Con Media

Super Nova Announced Name Change

Consequently, effective as of the opening of trading of the Canadian Securities Exchange on April 3, 2014, the Company will trade under the new name of "Super Nova Petroleum Corp.".

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Related Topix: Oil & Gas

Thu Mar 27, 2014

AmericanBankingNews.com

China Petroleum and Chemical (SNP) Declares Special Dividend of $2.42

China Petroleum and Chemical declared a special dividend on Thursday, March 27th, Analyst Ratings Net reports.

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

Wed Mar 26, 2014

Business Times

Sale of Petronas Canada LNG stake finalising soon

"An announcement will be made in the next couple of weeks once everything is wrapped up.

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Related Topix: World News, Malaysia, Oil & Gas

Wall Street Journal

Joseph Sternberg: The Day the Chinese SOE Went to Court

Leaders in Beijing say they are keen to reform China's large state-owned enterprises as part of their broader economic rebalancing plan.

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Related Topix: Oil & Gas

Tue Mar 25, 2014

World Oil

Sinopec marks shale 2014 priority after fuling breakthrough

Sinopec has marked shale gas development as its 2014 priority after doubling its output forecast from a key field in China's southwest.

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Related Topix: World News, China, Asia, Oil & Gas

Mon Mar 24, 2014

Minyanville

New Stock Coverage: Descartes Systems Can Afford to Be Philosophical

A trading week that began on Saint Patrick's Day and ended with Kermit the Frog saw a sea of emerald screens on Wall Street, with the Dow scoring an impressive 1.48% advance.

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Related Topix: Startups, Descartes Systems Group Inc The, deCarta, Software, Callaway Golf, Sporting Goods, Airlines, Gol Linhas Aereas Inteligentes SA, Oil & Gas

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