Looking ahead, both international and domestic environment will become more complex and
severe in 2012.
We have started a new voyage of building a world-leading energy and
chemical company.
We will adhere to taking transformation of growth pattern as the main
task, structure optimization as the starting point and reform and innovation as the driving force.
We will emphasize development quality and efficiency,technological progress,green and
low carbon, and people-orientation further.
Additionally, we will constantly improve
our value creation ability and sustainable development ability, and to transform from a
traditional energy and chemical company to a clean, environment-friendly, low-consumption and
efficient company.
Additionally, we will constantly expand cooperation with existing
and potential partners both at home and abroad, and strive to create a new win-win situation.
We look forward to your continued support.
Sinopec Corp, Asia's largest refiner, posted a 36 percent rise in second-quarter profit, beating forecasts, as a strong improvement at its refining business more than offset a weakening chemicals division. It posted a net profit of 18.44 billion…
Argentina's state oil company YPF agreed Friday to extend its operation until 2027 in partnership with a local unit of China's Sinopec oil in an area of a province in the center-west of the country, which represent an investment of $ 300 million, the company said in a statement.
Wood Group Kenny (WGK) has won two contracts with a total value of over $2 million with Brazilian operator Petrobras. In the first, WGK has begun a conceptual engineering study of two alternatives of pipeline heating systems for the Petrobras pre-salt Lapa field…
CNOOC to export diesel, gasoline, kerosene or naphtha in H2; volumes likely to be in 10,000 T parcel sizes. China National Offshore Oil Corp (CNOOC) has received a quota from the government to export about 100,000 tonnes of oil products in the second half of the year…
State-run oil company Sinopec Corp said on Monday it expects shale drilling costs in China to drop to $50 million per well from $80 million in three to five years. Chairman Fu Chengyu was speaking at the firm's results briefing after it reported…