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  1. CNPC wins right to work oil sands in Alberta

    Posted Jun 30th 2007, 12:00am by Eric Ng

    ... China National Petroleum Corp, parent of Hong Kong-listed PetroChina, has won its first licence to develop oil-sand fields in Canada, in the process becoming the first mainland oil company ... per cent stake in MEG Energy, another Alberta oil sand project developer. China Petrochemical, parent of listed China Petroleum & Chemical Corp (Sinopec), also bought in the same year 40 ...

  2. Sands raises HK$19.4b despite tepid response

    Posted Nov 22nd 2009, 12:00am by Staff Reporter

    ... Maria Chan Sands China, the Macau arm of billionaire Sheldon Adelson's debt- laden Las Vegas Sands Corp, has raised HK$19.41 billion through its initial public offering in Hong Kong. The shares were priced at HK$10.38, the low end of the offered range, according to people with knowledge of the deal. The retail tranche was slightly oversubscribed. Sands China is due to debut ...

  3. Lai See

    Posted Nov 10th 2009, 12:00am by Ben Kwok

    ... Ben Kwok Sands China hopes for easy pickings in share offering The Venetian Macao is big, but just how big will its holding company, Sands China, be after its listing? Sands China ... on the main board, with a market value of HK$111 billion. At the high end, Sands China could raise twice as much as rival Wynn Macau, which picked up HK$12.6 billion last month. The two firms ...

  4. PetroChina invests in Qatar natural gas project

    Posted Jul 27th 2012, 12:00am

    ... billion for all of Canada's Nexen, which develops conventional oil and gas in Europe and Africa, as well as oil sands and shale oil and gas in North America. China Petrochemical, parent ... Eric Ng eric.mpng@scmp.com PetroChina has agreed to acquire a 40 per cent interest in an oil and gas exploration project in Qatar, the latest in a string of overseas investment deals ...

  5. StanChart chief to retain ABC stake

    Posted Jul 18th 2011, 12:00am

    ... in China Construction Bank Corp, worth US$20 billion, will be lifted next month. CCB is the world's second-largest lender by market value. Separately, Sands played down concerns about ... Lulu Chen lulu.chen@scmp.com Standard Chartered Bank's boss has ruled out cutting its exposure to Agricultural Bank of China, saying the two banks had a good working relationship. ...

  6. CNOOC in US$15b deal to snap up Canadian giant

    Posted Jul 24th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com China National Overseas Oil Corporation, the mainland's dominant oil and gas producer, will pay US$15 billion for Canada-based Nexen in what would ... Tinto by Aluminium Corporation of China and US partner Alcoa in 2008. Within the oil and gas sector, the Nexen deal would be far bigger than the US$9 billion acquisition of Switzerland-based ...

  7. China's big oil companies not as black as painted

    Posted Dec 27th 2007, 12:00am by Tom Holland

    ... or tar sands projects. On that basis, it is likely China's big three oil companies will continue to reward investors, despite the continued controversy. Jake van der Kamp is on holiday ... with Tom Holland China's big three listed state petroleum firms have been kind to shareholders over the past couple of years. While the price of crude oil has gained 53 per cent, ...

  8. Bearing of gifts to Greeks gives market 2.6pc boost

    Posted Jul 25th 2011, 12:00am

    ... Elsewhere, Melco International Development (200) and MGM China (2282) were up strongly on chatter that Macau gambling revenues and visitor numbers were poised to set another record. Evergrande Real ... hedge funds using rumours for short-term profit, one analyst said. Shares rose 7.3 per cent on the day of the buy-back. China Merchants Bank (3968) said on Monday it would raise up to 35 billion ...

  9. Oil giant buys into Brazilian fields

    Posted Nov 12th 2011, 12:00am

    ... and unconventional oil sands. Opportunistic acquisitions overseas is one important element of their [effort to enhance] national energy security.' China Petrochemical has spent around US$32 billion ... Eric Ng eric.mpng@scmp.com China Petrochemical, the nation's second-largest oil and gas producer and the most aggressive state-backed acquirer of overseas assets, has agreed to pay ...

  10. StanChart sees record profit in HK

    Posted Mar 02nd 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Benjamin Hung, chief executive of Standard Chartered Bank Hong Kong, said the Greater China region contributed more than 31 per cent in pre-tax profits ... Chartered Bank did not access the European Central Bank's three-year loan allocations and had no plans to do so, chief executive officer Peter Sands said yesterday. He said the bank might ...




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