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  1. Freed from Ethiopian hostage ordeal, miners return to Beijing

    Posted May 03rd 2007, 12:00am by Staff Reporter

    ... Petroleum and Chemical Corp (Sinopec), killing nine mainlanders and 65 Ethiopians. Wang Shengwen, head of a Sinopec team sent to Ethiopia to rescue the workers, said their release was due ...

    http://www.scmp.com/article/591351/freed-ethiopian-hostage-ordeal-miners-return-beijing
  2. Sinopec unloads Wuhan asset for 201.7m yuan

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

    ... Eric Ng China Petroleum & Chemical Corp (Sinopec), the mainland's second-largest oil and gas producer, has agreed to sell a 46.24 per cent stake in Sinopec Wuhan Petroleum Group for 201.69 million yuan in its latest deal to trim the number of listed units and streamline operations. In a statement to the Shenzhen stock exchange, petroleum products distributor Sinopec Wuhan ...

    http://www.scmp.com/article/577385/sinopec-unloads-wuhan-asset-2017m-yuan
  3. Sinopec to revive convertible bonds

    Posted Mar 19th 2007, 12:00am by Staff Reporter

    ... Oil refiner reschedules US$2b sale for later this year as equity markets improve China Petroleum and Chemical Corp (Sinopec), the largest oil refiner in Asia, later this year plans ... to arrange the deal, the sources said. Sinopec spokesman Wang Weisheng and Goldman spokesman Edward Naylor declined to comment. Lehman Brothers spokeswoman Anne Lui did not return a phone call ...

    http://www.scmp.com/article/585592/sinopec-revive-convertible-bonds
  4. Sinopec kick-starts 20b yuan bond sale

    Posted Nov 14th 2007, 12:00am by Staff Reporter

    ... Jonathan Yang China Petroleum & Chemical Corp (Sinopec), the country's largest oil refiner, has started the 20 billion yuan bond sale yesterday to raise funds for a gas project in Sichuan province. Sinopec will sell the bonds to domestic investors until Thursday, according to a company statement published in the China Securities Journal. The sale, approved by shareholders ...

    http://www.scmp.com/article/615508/sinopec-kick-starts-20b-yuan-bond-sale
  5. Sinopec Finance to sell 4b yuan bond

    Posted Oct 16th 2007, 12:00am by Eric Ng

    ... Eric Ng Sinopec Finance, jointly owned by China Petroleum & Chemical Corp (Sinopec) and parent China Petrochemical Corp, plans to raise four billion yuan from a corporate bond sale to fund the group's expansion. Sinopec Finance, 51 per cent owned by China Petrochemical and 49 per cent by Sinopec, hired China International Capital Corp, Bank of Communications and China ...

    http://www.scmp.com/article/611764/sinopec-finance-sell-4b-yuan-bond
  6. Sinopec shuts out HK customers using underground fund channels

    Posted Nov 20th 2007, 12:00am by Eric Ng

    ... He Huifeng in Shenzhen and Eric Ng China Petroleum & Chemical Corp (Sinopec), the nation's largest fuel distributor, has ceased dealings with Hong Kong customers using allegedly illegal underground lenders to buy cheap fuel on the mainland, as it awaits approval to settle such trades through a bona fide bank. This came after it emerged that Sinopec and China National ...

    http://www.scmp.com/article/616390/sinopec-shuts-out-hk-customers-using-underground-fund-channels
  7. State fund to help Sinopec parent acquire overseas assets

    Posted Dec 22nd 2007, 12:00am by Tom Miller

    ... Tom Miller in Beijing China Investment Corp is planning to inject funds into China Petrochemical Corp (CPC), the parent company of Sinopec Corp, to help it acquire overseas assets, ... and Sinopec were unavailable for comment. 'CIC will not comment on media speculation,' a spokesperson for the state investment fund said. CPC is the first enterprise to receive financial ...

    http://www.scmp.com/article/620430/state-fund-help-sinopec-parent-acquire-overseas-assets
  8. Sinopec seeks to raise 30b yuan from sale of bonds and warrants

    Posted Sep 28th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung China Petroleum & Chemical Corp, the mainland oil and gas producer known as Sinopec, plans to raise 30 billion yuan by selling bonds and warrants to fund new projects and repay loans. The six-year bonds would be sold at par with a face value of 100 yuan each and at least 60 per cent initially would be set aside for existing shareholders, Sinopec said. The deal, ...

    http://www.scmp.com/article/609485/sinopec-seeks-raise-30b-yuan-sale-bonds-and-warrants
  9. Sinopec interim results grow 7.78pc as refining losses ease

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

    ... Eric Ng China Petroleum & Chemical Corp (Sinopec), the nation's second-largest oil and gas producer, posted a 7.78 per cent gain in third-quarter profit, as a decline in refining ... since May last year. However, Sinopec's overall net profit was 17.8 per cent lower than the 16.75 billion yuan recorded in the second quarter, when it barely stayed in the black on oil ...

    http://www.scmp.com/article/613633/sinopec-interim-results-grow-778pc-refining-losses-ease
  10. Sinopec jumps on fuel price boost

    Posted Nov 02nd 2007, 12:00am by Carol Chan

    ... Carol Chan Shares of China Petroleum & Chemical Corp (Sinopec), the nation's biggest refiner, jumped as much as 10.63 per cent yesterday after high oil prices and shortages ... Sinopec's Hong Kong-traded shares skyrocket to an intraday high of HK$12.90 before closing at HK$12.76 after a 9.43 per cent gain. Its Shanghai-listed A shares gained 7.32 per cent to end at 27.70 ...

    http://www.scmp.com/article/613991/sinopec-jumps-fuel-price-boost

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