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.
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.
In a refurbishment program to upgrade lifeboats on offshore platforms, Ampelmann completed a second successful reinstallation using its full motion compensation technology. The eight-metric-ton lifeboat was kept completely stationary above the vessel deck…
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…
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