Sinopec group runs 3.29 mln bpd of crude oil in Jan-Feb
Sinopec Group reported that it processed 26.62 million tonnes or 3.29 million barrels per day of oil in the first two months of this year. For full story, click here
Articles Tagged "sinopec"
Benchmark: Troubled waters
Another rough day for investors this Monday. As it became clear that the American House of Representatives would reject the authorization law for the executive’s $700 billion financial sector bailout plan, commodities began to tank. Oil futures shed more than $10 of their value during the day, dropping to $96.37 per barrel.
Oil price harming margins of Asian downstream cos
A special report by Fitch highlighted the squeeze in margins faced by some Asian downstream oil and gas companies such as Indian Oil Corporation and Sinopec. Steve Durose, Regional Co-Head of Fitch’s Asia-Pacific energy and utilities team, said: The financial performance of Indian Oil Corporation, Sinopec and CPC Corporation, has suffered significantly over the last two years [...]
Sinopec announces interim results
China Petroleum & Chemical Corporation reported its interim results for the six months ended 30 June, 2008. For full results, click here
