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  1. Firms estimate disaster losses to cost billions

    Posted May 20th 2008, 12:00am by Carol Chan

    ... Carol Chan Big mainland companies such as China National Petroleum Corp (CNPC) and Agricultural Bank of China estimated billions of yuan in losses from last week's earthquake ... of quake-related losses, while losses at Bank of China amounted to about 160 million yuan as of Sunday, according to the nation's banking regulator. Sichuan-based Dongfang Electric Corp, a power ...

    http://www.scmp.com/article/638255/firms-estimate-disaster-losses-cost-billions
  2. Top oil firms among worst hit by earthquake

    Posted May 15th 2008, 12:00am by Carol Chan

    ... PetroChina reduced gas output in the province by 5.6 million cubic metres per day, the company's parent China National Petroleum Corp said yesterday. Shenzhen-listed Yunnan Copper, ... Daniel Ren in Shanghai, Carol Chan and Natalie Chiu PetroChina, Sinopec Corp and Yunnan Copper Industry are among the companies that will bear the brunt of the 7.8-magnitude earthquake ...

    http://www.scmp.com/article/637613/top-oil-firms-among-worst-hit-earthquake
  3. Amber Energy tumbles 10pc after profit warning

    Posted Nov 07th 2009, 12:00am by Eric Ng

    ... another contributing factor to this year's shortage was the delay in the commissioning of China Petroleum & Chemical Corp's (Sinopec) gas pipeline linking Sichuan province ... of the nation's largest power producer, China Huaneng Group, have also suffered from gas shortages, but the firm received compensation from the local government. Amber has chosen not to pursue sole gas ...

    http://www.scmp.com/article/697578/amber-energy-tumbles-10pc-after-profit-warning
  4. Economic imperialists undermine free market principles

    Posted Jul 18th 2005, 12:00am by Wang Xiangwei

    ... a keynote speech at a petroleum conference in Beijing last October; hailing China's emerging role in the global oil industry and urging its oil companies to invest abroad. 'China ... business deal. US congressional opposition to the bid, organised and fanned by the highly paid lobbyists of rival bidder Chevron, is escalating into a storm of anti-China fervour. CNOOC's bid ...

    http://www.scmp.com/article/508708/economic-imperialists-undermine-free-market-principles
  5. Walk Through time

    Posted May 09th 2005, 12:00am by Paul Moon, Paul Mooney

    ... This is today the China-Everbright Bank. Asiatic Pacific Company 148 Yanjiang Dadao This building was designed in 1924 as the office of Britain?s Asiatic Petroleum Corp. National City Bank of New York ... of concessions forced on China following the Opium War. Five foreign concessions? British, Russian, French, German and Japanese? eventually stood shoulder-to-shoulder along the north bank of the Yangtze ...

    http://www.scmp.com/article/499909/walk-through-time
  6. Sinopec looks to parent for fresh assets

    Posted Mar 30th 2010, 12:00am by Eric Ng

    ... Eric Ng China Petroleum & Chemical Corp (Sinopec) may buy more of its parent China Petrochemical Corp's overseas oil and gas assets to offset the relatively weak performance ... Asia's largest oil refiner, unveiled a US$2.46 billion acquisition of a 27.5 per cent interest in an oil field 150km offshore from the African nation of Angola from its parent. The purchase, ...

    http://www.scmp.com/article/710135/sinopec-looks-parent-fresh-assets
  7. Exxon looks for $11.1b Sinopec exit

    Posted Mar 02nd 2005, 12:00am by Eric Ng

    ... entire stake in China Petroleum & Chemical Corp (Sinopec). According to market sources, Exxon was offering to sell 3.16 billion H shares in China's largest refiner at between $3.38 ... in China's massive east-west national gas pipeline perhaps the largest disappointment. The overseas oil majors have instead limited investments to a handful of massive downstream ethylene projects ...

    http://www.scmp.com/article/490991/exxon-looks-111b-sinopec-exit
  8. Hainan seeking foreign capital for the real deal

    Posted Nov 10th 2004, 12:00am by Elaine Chan

    ... of plants with medicinal properties and one of the country's biggest reserves of natural gas. Thanks to the last of these, China National Offshore Oil Corp is building the country's ... Fudao's parent. Just a few hours' drive from Dongfang Chemical Zone is the 31 sq km Yangpu Economic Development Zone, where China Petroleum & Chemical Corp has invested ...

    http://www.scmp.com/article/477506/hainan-seeking-foreign-capital-real-deal
  9. Refiners in a bind as oil prices hit record

    Posted May 27th 2008, 12:00am by Kandy Wong

    ... conditions for local refiners. China Petroleum & Chemical Corp (Sinopec) estimates it is losing about 3,000 yuan (HK$3,375) for each tonne of petrol and diesel that it produces. In order to curb ... resulted in an end to talks with Saudi Arabia, the country's top crude supplier, to finalise an investment in a new refinery that the mainland firm has already built. 'PetroChina ...

    http://www.scmp.com/article/639164/refiners-bind-oil-prices-hit-record
  10. Letters

    Posted Aug 29th 2008, 12:00am by Staff Reporter

    ... supplies that also affect market prices. China's decision to raise the domestic price of its subsidised oil signalled to the market that demand was likely to slow and oil prices began ... state media and sports analysts have shared some of Mr Stewart's views. They claim China is not yet a sporting giant as its performances in athletics, swimming and major team sports still ...

    http://www.scmp.com/article/650662/letters

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