China Petroleum & Chemical Corp (SNP.N)
29 Jan 2015
BUENOS AIRES, Jan 28 - Argentina's YPF on Wednesday signed a preliminary agreement with China's Sinopec to enter a new joint venture exploring for oil and gas in the South American country, the state-run Argentine energy firm said.
BEIJING - Tumbling world oil prices sparked a buying spree by China that led to record crude imports in December, according to Reuters estimates that suggest the top energy consumer doubled the oil put aside for strategic reserves in 2014 compared with 2013.
* National energy giants say still committed to shale spending
* Sinopec plans to offload Australian, Papua New Guinea supplies
BEIJING, Nov 25 - China's Sinopec opened a new 16-million-barrel commercial crude storage base in southern China's Hainan province last week, receiving a first crude shipment of 100,000 tonnes, or roughly 5 percent of its tank space, the state energy group said.
CALGARY, Alberta, Nov 10 - Sinopec Corp's Canadian unit has agreed to pay a C$150,000 ($132,000) fine for spilling nearly 2,500 barrels of contaminated water into a northern Alberta creek in 2012, regulators in the Western Canadian province said on Monday.
* Sinopec exec outlines use of stake sale proceeds to analysts
HONG KONG, Oct 30 - Asia's largest oil refiner Sinopec Corp posted a 12 percent fall in third-quarter net profit on Thursday, due to lower international crude prices, weaker refining profits and slowing Chinese oil demand.
HONG KONG, Oct 30 - Asia's largest oil refiner Sinopec Corp posted on Thursday a 12 percent fall in third-quarter net profit, partly because of lower international crude prices, weaker refining profits and slowing Chinese demand.
SINGAPORE/TOKYO - Iraq's State Oil Marketing Organization (SOMO) has proposed splitting its Basra Light crude supply into two grades and has requested feedback from buyers in Asia, trade sources said on Monday.