China Aviation Oil confirms Sinopec merger with parent CNAF
State administrators have given the nod for the merger following deliberation, says CAO The parent company of China Aviation Oil (CAO) will merge with Chinese state-owned oil and gas…
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Sinopec
China Aviation Oil jumps over 4% on talks of potential merger between parent CNAF and mega refiner Sinopec
Shares of China Aviation Oil (CAO) surged by more than 4 per cent on Tuesday (Nov 4) morning following word of a merger between Sinopec, the largest oil refiner in China, and China…
China Aviation Oil shares seesaw on talks of potential merger between parent CNAF and mega refiner Sinopec
Shares of China Aviation Oil (CAO) ended lower despite surging as much as 4.5 per cent on Tuesday (Nov 4) following word of a merger between Sinopec, the largest oil refiner in China, and…
US sanctioning China oil terminal threatens Sinopec run cuts
The overall impact on China’s crude demand should be short-lived as traders re-route cargoes to other ports US sanctions on a key Chinese oil import terminal are redirecting crude flows…
Sinopec wins engineering contract for Saudi Arabian green hydrogen project
The project will produce annually 400,000 metric tons of green hydrogen and 2.8 million tons of green ammonia China’s Sinopec said on Tuesday (Aug 26) it has agreed to provide…
CATL’s Hong Kong listing draws interest from Qatar sovereign fund, KIA, Sinopec, Hillhouse
Qatar Investment Authority (QIA) and Sinopec are considering investing in Contemporary Amperex Technology Co Limited’s Hong Kong listing, one of the city’s biggest share sales in recent…
China’s Sinopec partners with Saudi Aramco’s unit in 29 billion yuan JV
China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company with a registered capital of 28.80…
China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV
China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company with a registered capital of 28.80…
Sinopec profits slump as oil refining suffers from weak economy
SINOPEC’s third-quarter profits contracted as China’s biggest oil refiner increasingly finds itself under pressure from the nation’s economic woes and embrace of electrified…