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Industry Watch

Cnooc, Sinopec May Be Looking At OGX Assets

Cnooc, Sinopec May Be Looking At OGX Assets

September 13, 2010 (Chinavestor) Cnooc (NYSE:CEO), China's largest offshore oil driller, and Sinopec (NYSE:SNP), Asia's biggest refiner, may be looking at a $7 billion offer for assets and a stake in OGX Petroleo & Gas Participacoes SA, the Brazilian energy company controlled by billionaire Eike Batista.

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Industry Watch

SInopec Looking At Acquisitions

SInopec Looking At Acquisitions August 24, 2010 (Chinavestor) China Petroleum & Chemical Corp., also known as Sinopec (NYSE:SNP), is exploring acquisition possibilities, which include buying assets from its parent company and o...
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Industry Watch

Sinopec 2010 second quarter lacks dynamism

Sinopec 2010 second quarter lacks dynamism August 23, 2010 (Chinavestor) China Petroleum & Chemical Corp. (NYSE:SNP), known as Sinopec, reported second quarter financials on Monday. While net income attributable to shareholders rose 5.0 p...
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Industry Watch

Cnooc Profit Likely To Top Rival Firms

Cnooc Profit Likely To Top Rival Firms August 16, 2010 (Chinavestor) When Cnooc (NYSE:CEO), China's largest offshore oil driller, reports first-half results on Thursday, the profit growth is likely to exceed that of rivals PetroChina (NYS...
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Industry Watch

PetroChina, ConocoPhillips In Shale Gas Talks

PetroChina, ConocoPhillips In Shale Gas Talks August 9, 2010 (Chinavestor) PetroChina (NYSE:PTR), China's largest oil company, and ConocoPhillips (NYSE:COP), the third-largest U.S. oil company, are reportedly in talks about a joint venture to ex...
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