China Petrochemical Corporation, also known as Sinopec Group Company, operates as a petroleum and petrochemical enterprise in China and internationally. It specializes in the industrial investment and investment management activities; exploration, production, storage, transportation, marketing, and utilization of oil and natural gas; oil refining; wholesale of gasoline, kerosene, and diesel; and production, marketing, storage, and transportation of petrochemicals and other chemical products. The company also offers household fuel products, including oil products, lubricants, and LPG; and commercial fuel products, such as chemical products, lubricants, catalysts, asphalt, and natural gas. In ...
22 Chaoyangmen North Street
Founded in 1998
Talisman Energy Struggles To Sell North Sea Assets
Nov 8 14
Talisman Energy Inc. (TSX:TLM) said that it has remained in the hot seat more than two years longer than planned as the firm struggles to sell off its assets in the UK including its joint venture with China Petrochemical Corporation. Talisman is struggling to sell its North Sea assets after announcing plans to sell or dilute them at the start of 2014.
Sinopec Shortlists 37 Consortia For Fuel Unit Stake Sale
Sep 12 14
China Petrochemical Corporation (Sinopec) intends to divest up to 30% stake in its fuel retail unit. Sinopec has shortlisted 37 bidding consortia for the stake sale that could raise as much as $20 billion and is expected to select a winning bidder by end-September, 2014.
Sinopec Oilfield Service Reportedly Mulls Listing
Aug 23 14
China Petrochemical Corporation is planning a $1.5 billion Hong Kong initial public offering for Sinopec Oilfield Service Corporation in 2015, Reuters reported citing people familiar with the matter. Investment banks were recently invited to pitch for the listing mandates, which are expected to be awarded in the next few months.