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Results 1 - 10 of 23 for sinopec

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  1. Sinopec targets Xinjiang for oil and gas expansion

    Posted Feb 14th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com Mainland oil and gas producer Sinopec plans to spend 53 billion yuan (HK$65.06 billion) on expanding output, refining capacity and fuel distribution ... the number of fuel and gas service stations to more than 800 by 2015, from 307 now, Tianshannet, a Xinjiang online media portal, reported. Sinopec's expansion plan also includes the development ...

  2. 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 ...

  3. Sinopec puts 4.5b yuan on clean LNG plan

    Posted Apr 30th 2005, 12:00am by Elaine Chan

    ... Elaine Chan China Petroleum & Chemical Corp (Sinopec), Asia's biggest refiner, plans to spend 4.5 billion yuan on a liquefied natural gas project in Shandong province ... away from coal and oil. In the first quarter of the year, Sinopec produced 1.46 billion cubic metres of natural gas, up 5.3 per cent from the same period last year. Sinopec posted improved ...

  4. Sinopec investing in greener, leaner image

    Posted Mar 07th 2006, 12:00am by Eric Ng

    ... Eric Ng in Beijing China Petroleum & Chemical Corp (Sinopec) will make a major investment to upgrade its refining and chemical production facilities to comply with tighter ... and desulphurisation equipment, so there will be a cost impact,' Mr Wang said. Meanwhile, Mr Wang said Sinopec planned to build a terminal in Caofeidian, Hebei province, to receive tankers capable ...

  5. Sinopec parent to lift foreign output 27pc

    Posted Aug 28th 2007, 12:00am by Eric Ng

    ... Eric Ng China Petrochemical Corp, parent of China Petroleum & Chemical (Sinopec) Corp, plans to boost its foreign oil and gas output 27.2 per cent this year, without any imminent plans ... of Sinopec two months ago, Su Shulin said the parent aimed to produce oil and gas equivalent to seven million tonnes of oil this year overseas, up from 5.5 million tonnes last year. First-half output ...

  6. Sinopec struggles to post profit in face of price caps

    Posted Jul 19th 2007, 12:00am by Eric Ng

    ... Eric Ng China Petroleum & Chemical (Sinopec), the nation's second-largest oil and gas producer, posted a 3.21 per cent rise in first-half output, as its refining operations ... period in 2005 and 2.48 per cent in 2004. Oil production grew 2.12 per cent to 143.88 million barrels, while natural gas output surged 10.58 per cent to 139.55 billion cubic feet. Sinopec ...

  7. Sinopec seeks efficiency through more staff cuts

    Posted May 09th 2005, 12:00am by Staff Reporter

    ... and enhance efficiencies. China Petroleum & Chemical Corp (Sinopec) said it would strive for a headcount of 370,000 by the end of this year, a reduction of about 140,000 from when it was set up ... entry. Rival PetroChina has not been as aggressive in staff reductions. It laid off 58,300 staff between 1999 and 2002 and had a headcount of 417,163 at the end of June last year. Sinopec ...

  8. Sinopec ponders new route for Shandong gas pipeline

    Posted Jul 27th 2006, 12:00am by Eric Ng

    ... Eric Ng in Beijing Shift to Shanghai likely as eastern China gas shortfall looms China Petroleum and Chemical Corp (Sinopec) may re-route its planned 1,600km pipeline to deliver gas from ... approval, comes only three months after Sinopec announced the project and underlines strong gas demand in the lucrative eastern China market. It also comes despite the fact that PetroChina's ...

  9. Sinopec to invest $6.8b on terminals to cut costs and develop oil reserves

    Posted Aug 26th 2003, 12:00am by Eric Ng

    ... China Petroleum & Chemical Corp (Sinopec) plans to spend about 7.3 billion yuan (HK$6.84 billion) building three terminals to receive crude oil imports and two pipelines as part ... the slowing growth in domestic production. Sinopec is building the two pipelines to cut transport costs. Crude oil is now moved from coastal ports to inland refineries by river vessel. The pipeline, ...

  10. Company profile - PetroChina

    Posted Jun 02nd 2008, 12:00am by Staff Reporter

    ... PetroChina's principal activities are the exploration, production, trading and sale of refined and chemical products. Other activities include the design and construction of pipelines and provision of consulting services. The group's leading customers are Sinopec and China National Petroleum Corp (CNPC). ...




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