Sinopec

China Petroleum & Chemical, or Sinopec, is paying $7.1 billion to buy a 40% stake in Repsol's Brazilian offshore-oil unit, securing further valuable resources for China's energy-hungry industry.

Repsol Cashes In on China's Oil Chase Matthew Curtin 2010

So when the Chinese oil company Sinopec invested $7 billion in Brazilian oil last week it WAS the Chinese government doing the buying because Sinopec is state-owned.

Eric J. Weiner: The Most Dangerous Myths About The Global Economy Eric J. Weiner 2010

So when the Chinese oil company Sinopec invested $7 billion in Brazilian oil last week it WAS the Chinese government doing the buying because Sinopec is state-owned.

Eric J. Weiner: The Most Dangerous Myths About The Global Economy Eric J. Weiner 2010

At $6 per barrel of oil equivalent, Sinopec is valuing Repsol Brasil's contingent reserves at the upper end of the $3-to-$7 range for the country's offshore oil fields.

Repsol Cashes In on China's Oil Chase Matthew Curtin 2010

The move marks the first foray into deep-water offshore drilling for the company, better known as Sinopec, which is mainly a refiner with limited experience in oil drilling.

Sinopec Plans Its First Deep-Water Well 2009

Known as Sinopec, China Petrochemical is making its first foray into the U.S. by buying a one-third stake in Devon's acreage in five emerging fields—four shale plays and one limestone field.

Sinopec Enters U.S. Shale Angel Gonzalez 2012

Chinese oil companies PetroChina, China Petroleum & Chemical Corp., known as Sinopec, and Cnooc Ltd. have all invested heavily in Canada's oil patch.

PetroChina Buys Oil-Sands Project Edward Welsch 2012

Sinopec, which is listed in Hong Kong, already owns 4.8% of China Gas and its bid of 3.50 Hong Kong dollars 45 U.S. cents a share was a 25% premium to the target's share price before the offer.

China Versus Shareholders Alison Tudor 2011

SYDNEY— ConocoPhillips and Origin Energy Ltd. have placed a large bet on China's booming energy demand by agreeing to sell most of the output from a US$20 billion Australian gas-export venture to China Petrochemical Corp., known as Sinopec.

Sinopec to Buy More Australia Gas Ross Kelly 2011

The $9 billion project between Kuwait Petroleum Corp. and Asia's largest refiner by capacity, also known as Sinopec, has been under negotiation for more than five years.

China Approves Kuwaiti Refinery Simon Hall 2011