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JUBAIL INDUSTRIAL CITY, Saudi Arabia , Oct. 24, 2019 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec" or the "Company") (HKEX: 386; SSE: 600028; NYSE: SNP) debuted the XGC88000, 4,000-ton crawler crane, on October 24 at the SABIC UNITE EOEG III project construction ...
Another week on financial markets driven by U.S.-China trade headlines. It is getting boring and quite annoying to step away from the trading screens for five minutes and see the Dow Jones suddenly down 300 points on an unsubstantiated Chinese newspaper report. And even more annoying to see th...
Foreword A previous series of articles looked at (1,2, & 3) billionaire and hedge fund holdings beginning with 50 Kiplinger stocks selected from individual holdings of high net worth notables as penned by James Brumley, an author for Kiplinger. Then, (4) we surveyed Warren Buf...
VLCC rate hike put Korean refiners in an advantageous position vs. Chinese peers There are concerns that the recent VLCC freight rate hike could burden Korean refiners. In our view, these worries are overblown, because Korean refiners' VLCC contracts are mostly long term. However, for Chines...
Sinopec ( SNP +0.5% ) is considering plans to cut oil imports and reduce production at its refineries amid a surge in the cost of shipping crude that has hurt margins, according to multiple reports. More news on: China Petroleum & Chemical Corporation, Energy stocks news, Read ...
It's been a wild ten years. Perhaps this meme best sums it up. I'm a factual absolutist. And for me, factual absolutism in a pari-mutuel game, such as the financial markets, necessitates paying attention to trends. Here's why: Fundamental data is widely reported. However, market prices sho...
A funny meme has been making its way around institutional trading floors. The popular sentiment is that a confusing policy environment, turbulent politics, and an unstable geopolitical situation have made investing difficult. I'm certainly empathetic to this point of view. However, if we s...
Iraq is turning to Chinese companies to replace Exxon Mobil ( XOM +0.1% ) in a major oil infrastructure project, as escalating regional tensions and deadlocked negotiations have made the company's involvement in the project look increasingly doubtful, Energy Intelligence reports. Mo...
Reader Selections Since May 2017, any dividend-paying stock mentioned in a message, e-mail or comment to the author is fair game for a reader favorite listing in this series of articles. Thus, it is possible that only rogues and discontinued, or dreadful, doubtful dividend issues may appea...
Saudi Aramco has told PetroChina (NYSE: PTR ) that some of its loadings of light crude oil for October will be delayed by ~10 days following the attacks on the Saudi oil infrastructure, Reuters reports, citing a senior Chinese state oil source. More news on: PetroChina Company Limited, C...
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Sinopec Achieved Solid 2023 Operating Results Focus on Shareholders' Returns, Dividend Payout Exceeded 70% BEIJING, CHINA) / ACCESSWIRE / March 24, 2024 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE: 600028) today announced its annual res...
Recon Technology Secures US$3 Million in Contracts with Newly Developed Customer for Electronic Components and Materials PR Newswire BEIJING , March 11, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China -based provider of oilfield ...
NEW YORK, NY / ACCESSWIRE / December 8, 2023 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:00386)(SSE:600028) announced today that the Company intends to deregister with the United States Securities and Exchange Commission (the "SEC") and terminate its rep...