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22.08.2014 China's Sinopec Sees H1 Profit Grow 6.8%

China Petroleum and Chemical Corporation (Sinopec), the country's largest oil refiner, announced late on Friday that its net profits rose 6.8 percent year on year in the first half of 2014.

30.05.2014 China outspends U.S. drillers to chase shale-gas boom

China’s effort to catch up with the U.S. in developing shale gas and become more energy independent is coming at a big cost: It’s spending four times as much developing some fields, according to a new report, Bloomberg said on May 29.

26.05.2014 Sinopec advances Iran oil-field plans despite canceled China deal

China Petroleum & Chemical Corp., or Sinopec, is pushing to start a new phase in an Iranian oil-field development, a plan Iran says it is likely to approve, according to people familiar with the project.

21.05.2014 Chinese Sinopec, Russian Sibur set up JV to produce synthetic rubbers

During Russian President Vladimir Putin’s state visit to China on May 20, Sibur signed a contract with China Petroleum and Chemical Corporation (or “Sinopec”) to establish a joint venture for the construction of a 50 ktpa butadiene nitrile rubber (or “NBR”) plant at the

21.05.2014 Chinese Sinopec, Russian Sibur agree to deepen cooperation

Witnessed by the Chinese President Xi Jinping and the Russian President Vladimir Putin, China Petrochemical Corporation (Sinopec Group) and Sibur on May 20 entered into a strategic cooperation agreement during a state visit of President Putin to China, Sibur’s press offi

15.05.2014 Russia’s Rosneft head discusses cooperation with chief of China’s National Energy Administration

Rosneft President, Chairman of the Management Board Igor Sechin held a working meeting with Wu Xinxiong, the Director of the National Energy Administration of the People's Republic of China, Rosneft’s press office said on May 14.

16.04.2014 Russia’s Lukoil sells 50% in Caspian Investment Resources to Sinopec

Vagit Alekperov, Lukoil President, signed a purchase and sale agreement on April 15 that allows the company to sell its 50-percent stake in the Caspian Investment Resources Ltd to China’s Sinopec, Lukoil’s press office has said.

04.04.2014 China’s Sinopec sells $5 billion worth of bonds

China Petrochemical Corp., parent of Asia’s largest oil refiner, raised $5 billion from the biggest offering of dollar-denominated notes by an Asian issuer in more than a decade, Bloomberg reported on April 3.

25.03.2014 China’s Sinopec makes shale gas breakthrough

Sinopec,announced on March 24 that the company has made a significant breakthrough in the exploration and development of shale gas reserves in Chongqing, China Daily has reported.

24.03.2014 China’s Sinopec net profit up 3.5% in 2013

China Petroleum and Chemical Corporation (Sinopec), the country's largest oil refiner, announced on March 23 its net profits rose 3.5 percent year on year in 2013, Xinhua has reported.