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  • April 18, 2014
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  1. CNPC tops India offer for Kazakh oil firm

    Posted Aug 23rd 2005, 12:00am by Eric Ng

    ... Eric Ng China National Petroleum Corp has outbid India's Oil and National Gas Corp (ONGC) by offering US$4.18 billion for Canadian-based PetroKazakhstan, a rare major win ... . It also came just over two years after China Petrochemical Corp- parent of China Petroleum & Chemical Corp- and CNOOC missed out on buying an 8.3 per cent stake in the North Caspian Sea ...

  2. CNPC offshore oil output rises 11.5pc to record 60.2m tonnes

    Posted Jan 05th 2008, 12:00am by Eric Ng

    ... Eric Ng China National Petroleum Corp (CNPC), the parent of listed PetroChina, has lifted offshore oil output by 11.54 per cent to a record 60.23 million tonnes. However, the increase ... output. Separately, a China Petroleum & Chemical Corp (Sinopec) official said the company was likely to receive a hand-out from the central government to compensate for its refining losses, ...

  3. $4b battle of the brands a sign of economic health

    Posted Nov 20th 2003, 12:00am by Nailene Chou

    ... Nailene Chou Wiest in Beijing This week's CCTV auction of prime advertising slots for the coming year- a key barometer of mainland consumer spending- raised a record 4.4 billion yuan (HK$4.14 billion), up a third on last year. More than 150 companies bid for slots on Tuesday, half as many again as took part a year ago. China National Petroleum Corp (CNPC) clinched ...

  4. News - China Digest

    The Post's daily China news-round-up- April 11, 2014

    Posted Apr 11th 2014, 07:57am

    ... The Diplomat Why the Boao Forum attracts worldwide attention |Source: People's Daily Online China warns Southeast Asian nations |Source: Wall Street Journal Taiwan's ex-Vice President Siew ... when they gauge China's red lines, and consequently reduce rashness in their China policy-making. Report links Chinese military to cyber hacking |Source: Financial Times The Chinese ...

  5. Oil deal a model for mainland firms

    Posted Aug 24th 2005, 12:00am by Staff Reporter

    ... for California's Unocal. That effort demonstrated vaulting ambition since the mainland's No 3 oil firm knew it faced a formidable foe in market giant Chevron. By contrast, China National Petroleum Corp (CNPC) is no minnow and Kazakhstan is a very different place from California. While counter-offers could yet be received, China's biggest oil firm on Monday won acceptance ...

  6. Business - Money - BONDS

    Sinopec gets creative with US$5b mixed bond issue

    Posted Apr 04th 2014, 01:14am by Jasper Moiseiwitsch

    ... Sinopec gets creative with US$5 b mixed issue China Petrochemical Corp (Sinopec Group) yesterday sold a US$5 billion five-tranche bond, the largest US dollar deal from a Chinese state owned enterprise. The issuer is parent to Hong Kong-listed China Petroleum & Chemical (Sinopec). The deal was several months in the making but was also described as opportunistic by bankers. It followed ...

  7. Business - Commodities - REGULATION

    SEC warns it may act against PetroChina over Iran dealings

    Posted Jan 17th 2014, 11:02am by Toh Han Shih

    ... fines and imprisonment, lawyers said. PetroChina said on the New York Stock Exchange website last month that it processed crude oil imported from Iran and Sudan by China National United Oil Corp, a subsidiary of PetroChina's parent, China National Petroleum Corp (CNPC), in 2012. Iran has been under sanctions to curb its nuclear programme, although sanctions will be eased ...

  8. News - China

    Labour disputes in China increase as the workforce shrinks

    Posted Apr 18th 2014, 03:16am by Reuters

    ... restructure or close operations as the world's second-biggest economy cools. There are no accurate national statistics on the total number of strikes, work stoppages and protests. But China Labour Bulletin, a Hong Kong-based labour rights group, said there were 119 last month alone. This is going to be a very tough year for employers in China Lesli Ligorner Employers are facing ...

  9. Property - Hong Kong & China

    China may soon loosen property cooling measures, Citigroup says

    Posted Apr 18th 2014, 01:18am by BLOOM

    ... Bloomberg in Beijing Cracks build in cooling measures China's slump in property sales and construction is spurring speculation that the government's four-year-old campaign ... parent of China's biggest real-estate brokerage, says some cities are inclined to adjust policies such as the level of scrutiny of buyers. A 25 per cent plunge in building of new homes ...

  10. Business - China Business - REFORM

    Efficient Temasek-like body still out of reach for mainland China SOEs

    Posted Apr 01st 2014, 01:21am by Victoria Ruan

    ... business leaders from the private sector. In comparison, a majority of the 11 board members at China Investment Corp, the mainland's sovereign wealth fund, are current or former senior ... plan to overhaul China's economic engine to cut the waste and inefficiency that has fuelled pollution and inflated a shadow banking bubble. But transforming the agency that oversees ...




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