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Sinopec to lower overall energy consumption by 20% by 2010 |
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Written by Administrator
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Friday, 22 September 2006 |
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BEIJING, September 22 (InfoChina) – Sinopec (NYSE: SNP), China’s leading oil refiner and second largest oil and gas producer, plans to reduce its overall energy consumption by 20 percentage points in 2006-10 compared with that in 2001-2006, according to Qin Weizhong, deputy director of the company’s Development & Planning Department. |
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Falling crude price to hit CNOOC and PetroChina, Sinopec may be exempted |
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Written by Administrator
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Wednesday, 13 September 2006 |
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BEIJING, September 13 (InfoChina) – The falling crude prices in the international markets can wipe off some profit from PetroChina (NYSE: PTR) and CNOOC (NYSE: CEO), two oil companies that mainly reply on their upstream oil/gas production for profit. |
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Sinopec announces interim dividend distribution |
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Written by Administrator
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Friday, 08 September 2006 |
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BEIJING, September 8 (InfoChina) – Asia’s largest oil refiner, Sinopec (NYSE:SNP, SH:600028) announced on September 8 its half-year distribution scheme for holders of A-shares listed on the Shanghai bourse. |
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Sinopec Hainan refinery comes on stream |
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Written by Administrator
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Thursday, 07 September 2006 |
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BEIJING, September 7 (InfoChina) – Asia’s largest oil refiner, Sinopec’s (NYSE:SNP, SH: 600028) new refinery in China’s southernmost Hainan Province yesterday shipped 1,000 tons of liquefied petroleum gas (LPG) for Guangdong Province, which is the first time for Hainan to supply LPG out of the island province. |
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Sinopec finalizes spilt equity structure reform scheme |
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Written by Administrator
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Wednesday, 06 September 2006 |
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BEIJING, September 6 (InfoChina) – Asia largest oil refiner, Sinopec (NYSE:SNP, SH: 600028) announced today that its non-tradable share holders decided to offer 2.8-for-10 bonus shares to tradable A-share holders in compensation for the right of negotiation of their shares, which is the same with its August 21’s proposed scheme for its split equity structure reform. |
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