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Analysts: Sinopec might lead in China’s three oil giants |
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Written by Administrator
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Wednesday, 30 August 2006 |
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BEIJING, August 30 (InfoChina) – If crude oil price persistently declines in the second half year, Asian largest oil refiner, Sinopec (NYSE:SNP) might be the leader in China’s Big Three oil companies, said Qiu Xiaofeng, an analyst with Everbright Securities. |
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CNOOC Group to continue listing units |
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Written by Administrator
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Wednesday, 30 August 2006 |
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BEIJING, August 30 (InfoChina) – Following good response to China Blue’s IPO, CNOOC Group will go on seeking opportunities to list its profitable units, the company’s chairman Fu Chengyu was quoted by Shanghai Securities News as saying. |
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Shanghai Petrochemical adjusts articles of association to pave way for Sinopec’s buy-out |
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Written by Administrator
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Wednesday, 30 August 2006 |
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BEIJING, August 30 (InfoChina) – Sinopec Shanghai Petrochemical (NYSE: SHI) announced on August 30 that its general meeting of shareholders will have the additional right of deciding whether to “change the company’s corporate form”. |
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Sinopec Shanghai Petrochemical warns “unoptimistic” performance in 2H |
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Written by Administrator
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Wednesday, 30 August 2006 |
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BEIJING, August 30 (InfoChina) – Sinopec Shanghai Petrochemical (NYSE: SHI), a pillar subsidiary of China’s largest refiner Sinopec (NYSE: SNP), says that its financial performance will be “unoptimistic” in the second half. |
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