November 19, 2017 12:36 AM ET

Oil, Gas and Consumable Fuels

Company Overview of CEFC China Energy Company Limited

Company Overview

CEFC China Energy Company Limited engages primarily in energy and financial services businesses. It invests and develops upstream and downstream of oil and gas fields, and petrochemicals in the Middle East, Central Asia, and Africa. The company establishes logistics chains, overseas storage, and transshipment terminals. It also invests in securities, trusts, futures, banking, financial assets transactions, leasing, factoring, direct risk management, and online insurance. The company has a strategic cooperation agreement with Rosneft. CEFC China Energy Company Limited was founded in 2002 and is based in Shanghai, China.

No.111

Xingguo Road

Xuhui District

Shanghai,  200031

China

Founded in 2002

Phone:

86 21 3363 3178

Fax:

86 21 3363 3060

Key Executives for CEFC China Energy Company Limited

President and Executive Director
Age: 42
Chairman
Age: 40
Executive Director
Age: 43
Executive Director
Age: 40
Head of Oil Trading - Shanghai
Compensation as of Fiscal Year 2017.

CEFC China Energy Company Limited Key Developments

CEFC China Energy Reportedly Seeks Acquisitions

CEFC China Energy Company Limited is considering more deals after recently snapping up a $9.1 billion stake in Rosneft, industry sources said.

CEFC Holding Discussions With Rosneft For Investment

CEFC China Energy Company Limited is reportedly holding discussions with Public Joint Stock Company Rosneft Oil Company (LSE:ROSN) for investment in the oil producer, which may be announced as early as this week. CEFC is talking with CJSC Novokuibyshevskaya Neftekhmicheskaya Kompaniya to establish a joint venture connected with the deal.

Rosneft and CEFC China Energy Company Sign Strategic Cooperation Agreement and Long-Term Crude Supply Contract

Rosneft and CEFC China Energy Company Limited signed a Strategic Cooperation Agreement and a contract for the supply of Russian crude oil at the 9th BRICS summit. The Strategic Cooperation Agreement suggests developing joint exploration and production projects in Western and Eastern Siberia and represents an evidence of an integrated approach of the Chinese corporation to its cooperation with Rosneft. The Agreement also provides for a joint activity in such areas as refining, petrochemicals and crude and product trading.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 8, 2017
Public Joint Stock Company Rosneft Oil Company
Merger/Acquisition
July 28, 2017
Prelios SpA
Merger/Acquisition
July 18, 2017
Building in Prague's street Na Porici
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