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  • April 19, 2014
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  1. Business - China Business - TAKEOVERS

    Foreign expansion ambitions to boost China M&A

    Posted Jan 31st 2013, 12:00am by PHOENIX KWONG

    ... after a number of large deals in 2012, Lou said. State-owned oil giant China National Petroleum Corp said last December that it had agreed to buy a 10.2 per cent stake in the Browse liquefied ...

  2. Cross-strait energy ties high on agenda

    Posted Aug 29th 2008, 12:00am by Minnie Chan

    ... and gas fields near the disputed Diaoyu Islands, and even overseas. According to the report, the Chinese Petroleum Corporation, Taiwan, would open a representative office later in Beijing, ...

  3. Sinopec unveils huge expansion programme

    Posted Sep 29th 2009, 12:00am by Eric Ng

    ... Eric Ng in Nanjing China Petroleum & Chemical Corp (Sinopec) yesterday said it would spend billions of yuan to expand facilities and build new ones, including a 53 billion yuan (HK$60.16 billion) joint venture with Kuwait Petroleum Corp to develop an integrated refinery in Guangdong province. The two firms agreed to form a 50-50 joint venture to build an integrated complex ...

  4. Sinopec in bid for Kuwaiti oil project

    Posted Jul 10th 2004, 12:00am by Eric Ng

    ... Eric Ng Mainland firm is part of a consortium including ChevronTexaco and Total China Petroleum & Chemical Corp (Sinopec) is part of a consortium bidding for a US$6 billion oil project ... with Kuwaiti firms on the possible supply of oil services and deals to drill oil in Kuwait, said Mr Al-Sabah who is also chairman of state-owned Kuwait Petroleum Corp. 'We are thinking about ...

  5. Xiaoshan franchise boosts China Gas

    Posted Apr 02nd 2005, 12:00am by Denise Tsang

    ... million yuan to supply natural gas to the district over a 30-year period. The franchise will see the company converting existing customers of bottled liquefied petroleum gas to natural gas sourced ...

  6. Sinopec to spend 120b yuan a year on growth

    Posted Aug 25th 2009, 12:00am by Eric Ng

    ... Eric Ng China Petroleum & Chemical Corp (Sinopec) plans to spend 120 billion yuan (HK$136.15 billion) annually between this year and 2011 to bolster output capacity and is mulling ... its first overseas foray by buying assets from parent China Petrochemical Corp. These include Addax Petroleum, which was bought by the parent for US$7.2 billion last month. Sinopec set up ...

  7. Pipe producer Chu Kong plans HK$1.8b float

    Posted Jan 25th 2010, 12:00am by Eric Ng

    ... Eric Ng Chu Kong Petroleum & Natural Gas Steel Pipe Holdings plans to raise up to HK$1.84 billion from a Hong Kong share float to expand production capacity on the mainland and abroad, ... Petroleum & Chemical Corp, produced spiral welded pipes only, which are 20 per cent cheaper than longitudinal pipes but are used nowadays only in remote areas, since they are less sturdy. ...

  8. Kingdom hopes to forge closer ties with the city

    Posted Sep 21st 2010, 12:00am by Chris Davis

    ... of office machinery, computers and IT products have almost tripled. More than 90 per cent of Saudi Arabia's exports are related to oil and energy, such as crude petroleum, petrochemicals, ... petroleum ventures. Over time, as the relationship between Saudi Aramco and the Chinese market has grown, so has our presence in Hong Kong. For example, just five years ago, China imported about ...

  9. Quest for oil that knows no bounds

    Posted Nov 19th 2004, 12:00am by Michael Richardson

    ... China Sea that is the centre of a bitter dispute between Tokyo and Beijing. This month, the largest of the Chinese state-owned oil companies, China National Petroleum Corp, formed an offshore ... that Beijing's offshore petroleum push is driven more by the politics of Chinese energy security than commercial considerations. In September, the Royal Dutch/Shell Group and Unocal Corp pulled out ...

  10. State auditor uncovers 57b yuan of illicit activities at mainland banks

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

    ... including China National Petroleum Corp, China Huadian Group and Harbin Power Equipment Corp were also found to have misstated profits totalling 7.86 billion yuan - an understatement of 7.02 billion ...




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