Sinopec Group

Sinopec Engineering won Zhong Tian He Chuang Ordos Coal-To-Olefins

China Coal to build world largest CTO complex Sinopec Engineering Group (SEG or Sinopec Engineering) has been awarded by Zhong Tian He Chuang Energy Corporation  Limited (Zhong Tian He Chuang) the engineering, procurement and construction (EPC) contract to design and build the world largest Coal-To-Olefins (CTO) plant at Uxin Banner near Ordos, Inner Mongolia. Established …

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Sinopec in brief

To be a world-leading Energy and Chemical Company China Petrochemical Corporation (Sinopec Group) was established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group is a state wholly owned company with Headquartered in Beijing, China and a registered capital of RMB 182 billion ($30 billion). As a state-owned company, Sinopec Group …

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CNOOC and Sinopec to pump $20 billion in upstream acquisitions

CNOOC and Sinopec target Nexen and Talisman assets July 23rd 2012, the Chinese CNOOC Ltd (CNOOC) announced to have signed an Arrangement Agreement with Nexen for the acquisition of the Nexen shares listed in Toronto and New York Stock Exchanges. The aggregate value of the proposed acquisition is approximately $15.1 billion on the top of which …

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