Search results
People also ask
What assets did Sinopec acquire?
Who is Sinopec Group?
Who sells Egyptian oil to Sinopec?
What does Sinopec stand for?
In June 2013, Sinopec agreed to acquire Marathon Oil Corp's Angolan offshore oil and gas field for $1.52 billion. [ 121 ] In Angola, as of at least 2023, Sinopec is a part minority owner of several offshore projects via Sinopec's half ownership of a joint venture with the private company Sonangol Sinopec International.
China Petrochemical Corporation (Chinese: 中国石油化工集团公司; pinyin: Zhōngguó Shíyóu Huàgōng Jítuán Gōngsī) or Sinopec Group is an oil refining, gas and petrochemical conglomerate, [4] administered by SASAC for the State Council of the People's Republic of China.
A super large petroleum and petrochemical group, the Company has a registered capital of 326.5 billion yuan with the chairman of the board of Sinopec Group serving as its legal representative.
- Shandong Energy Group
- The Bottom Line
Founded:2020 (incorporated)Headquarters: Jinan, Shandong, ChinaChina is one of the fastest-growing economies in the world. This means the country is highly dependent on rich energy sources. In fact, it was the largest energy consumer in 2020. But China isn't just a net importer of oil and other fossil fuels, it was also the largest producer of energy in 2020, too. This is due to the state-owned companiesthat e...
Oct 25, 2021 · Furthermore, Shell and BP both acquired assets from Standard Oil’s original portfolio on the road to becoming global oil giants. The geographical distribution of the largest oil and gas companies shows how global the industry is. The top 20 oil and gas companies come from 10 different countries.
China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group, esta blished by the state in July 1998 on the basis of the former China Petrochemical Corporation... more. Leadership. Ma Yongsheng, Chairman, Secretary of the Leading Party Member Group.
Our History. Acquired the research institutes and other assets of the Sinopec Group with RMB 3.946 billion; successively acquired refining and chemical units, oil fields, pipelines and other related assets of the Group since 2002 with RMB 23.896 billion, constantly consolidating the advantages of the company's main business.
