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  1. PetroChina to manage Daqing Petroleum

    Posted Jun 26th 2007, 12:00am by Eric Ng

    ... PetroChina will take over the management of parent company China National Petroleum's refining and petrochemical assets in Daqing, Heilongjiang province, which may lead to their injection into the listed company. The management of Daqing Petroleum and Chemical will be transferred to PetroChina from July 1. No figures have been disclosed except that Daqing Petroleum has 6.5 ...

  2. Company profile- China Petroleum & Chemical (Sinopec)

    Posted Jun 11th 2007, 12:00am by Staff Reporter

    ... Sinopec's principal activities are the exploration, development and production of crude oil and natural gas. It transports, refines and markets crude oil, natural gas and products by pipelines. Other activities include the manufacture of chemical fib ...

  3. Untapped: The Scramble for Africa's Oil

    Posted May 27th 2007, 12:00am by Staff Reporter

    ... Steve Martinovich Untapped: The Scramble for Africa's Oil by John Ghazvinian Harcourt, HK$200 With continued instability in the Middle East and the political difficulty of drilling on its own soil, it's not surprising that the US has been castin ...

  4. In Timor's dreams

    Posted Apr 06th 2007, 12:00am by Peter Kammerer

    ... to create a vibrant economy. As simple as this may sound, they will need all the luck they can get- because no country has ever achieved that goal. Time and again, history has shown that petroleum ... the autocratic monarchy keeps citizens relatively well off- providing high-quality medical care, education and pension systems- the future is not certain. The price of petroleum is not guaranteed, nor ...

  5. Oil falls to near US$76 on hopes over fuel supplies

    Posted Jul 25th 2007, 12:00am by Staff Reporter

    ... Reuters in London Oil prices fell for a third day yesterday to near US$76 a barrel on expectations of rising fuel stockpiles in the United States and reassurances from the Organisation of Petroleum Exporting Countries that it would pump more crude if necessary. London Brent crude, seen as more representative of the world market, eased 71 US cents to US$76.15 a barrel in morning ...

  6. Sinopec turns Venezuela units into joint ventures

    Posted Jun 29th 2007, 12:00am by Eric Ng

    ... Eric Ng China Petrochemical Corp, parent of listed China Petroleum & Chemical (Sinopec), had joined six other global oil firms in changing their business arrangements with Venezuela ... could potentially propel it past Saudi Arabia as the world's largest holder of oil reserves. China National Petroleum Corp has also invested in two oilfields in the Orinoco Belt ...

  7. Mainland firms bide time as Dubai opens oil futures contract

    Posted Jun 04th 2007, 12:00am by Eric Ng

    ... market at a closer time zone theoretically should better reflect market demand and supply,' said an official at China Petroleum & Chemical, Asia's largest crude oil refiner. ...

  8. Anton Oilfield chief hits paydirt

    Posted Dec 03rd 2007, 12:00am by Eric Ng

    ... province, 40 year-old Mr Luo was a self-proclaimed No1 student in his senior secondary school year but fate saw him pursue an oil-well drilling engineering degree at the Southwest Petroleum Institute. 'My results had been excellent and I ranked first in my school but my university entry examination results were not as good as I expected and I ended up being accepted by a petroleum ...

  9. Customs seizes year's biggest haul of smuggled mainland fuel

    Posted Nov 16th 2007, 12:00am by Anita Lam, Clifford Lo

    ... Clifford Lo and Anita Lam Customs has made this year's biggest seizure of untaxed petrol, smuggled from the mainland by sea, as pump prices exceed HK$15 a litre - nearly three times the mainland price. Officers arrested four men, seized about 60,000 ...

  10. Huge oil reserves found in Bohai Bay

    Posted May 04th 2007, 12:00am by Carol Chan

    ... are of proven reserves, according to a statement on the website of PetroChina's state-owned parent China National Petroleum Corp yesterday. Jidong oilfield, at Tangshan in Hebei province, covers ...




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