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The global economic recovery from COVID-19-driven damages is supporting a steady recovery of the energy industry. While some energy stocks are expected to continue riding a wave created by rising oil prices, the initiatives of governments worldwide to transition to an emissions-free future ma...
The global demand for oil and gas is reviving from its pandemic low owing to the gradual reopening of major economies. Because oil prices are expected to peak in July, we believe energy stocks China Petroleum & Chemical Corporation (SNP), Continental Resources (CLR), and World Fuel Servic...
Zhang Yuzhuo, Chairman of Sinopec: Accelerating the World-class Brand Build up to Better Lead the High-quality Development of Enterprise Canada NewsWire BEIJING , May 11, 2021 /CNW/ -- The "2021 China Brand Value Evaluation Information" released on May 9 amid...
The Iraq government may buy out Exxon Mobil's (XOM) 32.7% stake in the West Qurna-1 oil field, probably through state-owned Basra Oil Co., Oil Minister Ihsan Abdul Jabbar says.Exxon is planning to sell the stake in the huge field, which has more than 20B barrels of recoverable reserves, partl...
Irrespective of April 29th's earnings release, the stock shows deep value heading into a sector rotation. A dividend yield of 7.8% with a projected EPS of 7.75 should be lucrative to income-seeking investors. The company is operating efficiently relative to its peers. Very str...
Sinopec Achieved Outstanding Results in 2021 Q1Net Profit Reached RMB 18.5 Billion BEIJING, CHINA / ACCESSWIRE / April 28, 2021 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 00386; SSE: 600028; NYSE: SNP)today announced its unaudited first quarte...
Mr. Zhang Yuzhuo, Chairman of Sinopec, Talks about Hydrogen Development PR Newswire BEIJING , April 26, 2021 /PRNewswire/ -- Mr. Zhang Yuzhuo, chairman of China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), shares his perspective on carbon neutrali...
NEW YORK, NY / ACCESSWIRE / April 20, 2021 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (NYSE:SNP)(HKEX:00386)(SSE:600028) announced today that its Form 20-F for the fiscal year ended December 31, 2020, filed with the United States Securities and Exchange C...
Iraq's oil ministry says it awarded a contract to China's Sinopec (SNP) to develop the Mansuriya gas field near the Iranian border; financial terms are not disclosed.Last year, Iraq canceled a contract signed with a group led by Turkish Petroleum Corp. to develop the field and decided to invi...
China Petroleum & Chemical (SNP) declares RMB 0.13/share final dividend.Combined with the interim special dividend of RMB 0.07 per share, the total dividend for the year is RMB 0.20 per share. Payout ratio 73.2%See SNP Dividend Scorecard, Yield Chart, & Dividend Growth. Fo...
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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...