Sinochem Company News

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China's Surging Gasoline Exports Hurting Regional Refiners
Fitch Solutions Macro Research identifies factors driving growth in China's gasoline exports.
7:00 PM EST | January 14, 2019
China's Sinochem Energy Files For $2B Hong Kong Listing
Sinochem Energy has filed for a Hong Kong initial public offering (IPO) of about $2 billion.
8:00 PM EST | July 30, 2018
China's Sinochem Ties Up With Private Chemical Group In Oil Trading
Sinochem Group has agreed on a framework deal with China's private chemical giant Hengli Group.
7:00 PM EST | January 09, 2018
Sinochem Names Zhang Wei As General Manager
China has appointed Zhang Wei as general manager of oil and chemicals conglomerate Sinochem, said the state-owned company in a statement on Monday.
7:00 PM EST | November 06, 2016
Statoil Awards Wood Group Contracts for Brazil's Offshore Peregrino Project
Statoil awards operations, maintenance and modification services contracts to Wood Group for the Peregrino project in the Campos Basin, offshore Brazil.
8:00 PM EST | September 21, 2015
Peregrino Field Offshore Brazil Produces 100 Million Barrels of Oil
Statoil announces that the Peregrino field in the Campos basin offshore Brazil has produced 100 million barrels of oil, since April 2011.
8:00 PM EST | August 03, 2015
Expect China to Yearn for More US Shale
Despite slowdown in heated investment from overseas in North American oil and gas, interest still looms behind the Great Wall of China.
8:00 PM EST | July 09, 2015
PetroChina Teams Up With Sinochem To Tap Chinese Shale Gas
PetroChina teams up with Sinochem to tap shale gas from five blocks in the southwest of China, the state-run companies said.
7:00 PM EST | December 03, 2014
Brazil Regulator to Mull Revoking Block Rights of Batista Oil Company
Brazil's ANP oil regulator will decide over the next 60 days whether to revoke the exploration rights for blocks controlled by Oleo e Gas Participacoes SA, the ailing oil company of Brazilian industrialist Eike Batista.
7:00 PM EST | January 27, 2014
Statoil, Sinochem Consider Expanding Brazil Offshore Oil Field
Statoil and Sinochem may expand their offshore Peregrino area in Brazil, a Statoil official told Reuters on Tuesday, boosting expectations for an oilfield that is already the top foreign-run producer in the country.
8:00 PM EST | October 08, 2013
ONGC Videsh Seeks to Raise its Stake in Block BC-10
ONGC Videsh exercises right to acquire part of Petrobras' stake in Block BC-10 in the Campos Basin off Brazil, according to an Indian media report.
8:00 PM EST | September 18, 2013
Sources: ONGC, Shell to Pre-Empt Petrobras Oil Block Stake Sale to Sinochem
Shell and ONGC plan to exercise their pre-emption rights to buy a 35% stake in a Brazilian oil block that Petrobras had planned to sell to Sinochem Group, two sources say.
8:00 PM EST | September 12, 2013
Pioneer Natural Sells Acreage in Wolfcamp Shale for $1.7B
Pioneer Natural agrees to sell 40% of its stake in approx. 207,000 net acres leased in the horizontal Wolfcamp Shale play to Chinese conglomerate Sinochem Group for $1.7 billion.
7:00 PM EST | January 29, 2013
Brazil Regulators OK Sinochem Stake Buy in Offshore Blocks
ANP approves Sinochem's purchase of a 10% stake in five offshore blocks as the state-run company continues its expansion into Latin America's hottest oil frontier.
8:00 PM EST | October 21, 2012
China's Sinochem Interested in Investing in Alberta
Looking beyond Alberta's rich deposits of oil sands, China's state-owned Sinochem Group energy giant is looking to invest in the province's rich oil and natural gas sector.
8:00 PM EST | September 12, 2011
Petrobas Inks MOU with Chinese Oil Cos
Petrobras has signed an MOU with Sinochem Corporation and a General Technological Cooperation Agreement (GTCA) with Sinopec.
8:00 PM EST | April 14, 2011
Sinochem, Statoil to Jointly Develop Peregrino Field
Sinochem and Statoil signed MoU that will foster cooperation and long term experience sharing between the two companies.
8:00 PM EST | June 10, 2010
CNOOC, Sinochem Bid for Statoil's Stakes Offshore Brazil
Cnooc and Sinochem have submitted separate bids for Statoil's stakes in a large offshore oil field in Brazil.
8:00 PM EST | May 11, 2010
CNOOC, Sinochem Sign Initial Agreement with Iraqi Oil Ministry
A consortium led by CNOOC has signed an initial agreement with the Iraqi oil ministry to develop the 2.5 billion-barrel Missan oil field complex.
7:00 PM EST | March 07, 2010
Chinese Cos Expected to Close on Iraqi Oil Deal - Officials
A consortium led by CNOOC is expected to be awarded Iraq's 2.5 billion-barrel Missan oil-field complex after agreeing to Iraqi government proposals.
7:00 PM EST | March 03, 2010
Iraq's Giant Majnoon Oil Field to Top Friday's Auction
Iraq's super-giant Majnoon will be the first in the 10 groups of oil and gas fields the country is offering to international oil companies in its second post-war licensing auction.
7:00 PM EST | December 06, 2009
La Cortez Updates on Colombian Maranta, Putumayo-4 Blocks
La Cortez has provided an operational update for production developments in the Maranta and Putumayo-4 blocks, onshore Colombia.
7:00 PM EST | November 03, 2009
Sinochem Seeks Acquisition of Emerald Energy
Sinochem Resources UK Limited is proposing an all cash acquisition of Emerald Energy, which has attractive assets in both Syria and Colombia.
8:00 PM EST | August 11, 2009
Total to Decide on China Sulige Gas Investment in Mid-2009
Total expects to make a final investment decision on a major natural gas block in northern China in mid-2009 after submitting a development plan to CNPC. The company plans to drill around 2,000 wells at South Sulige over the life of the field.
7:00 PM EST | November 25, 2008
Indonesia Awards 22 Oil, Gas Blocks to Boost Exploration, Output
The Indonesian government Friday awarded 22 new oil and gas blocks to investors, out of the 25 it offered for bids, the Ministry of Energy and Mineral Resources said.
8:00 PM EST | October 16, 2008
Iraq Oil Min: 35 Of 120 Cos Qualified To Bid For Deals
Thirty-five international oil companies are qualified to bid for future oil and gas contracts to develop one of the world's largest oil fields.
8:00 PM EST | April 13, 2008
Sinochem to Buy SOCO Yemen for $465M
SOCO International announced that it has entered into a conditional sale and purchase agreement for the sale of its wholly owned subsidiary SOCO Yemen Ltd to Sinochem Petroleum Ltd for about $465 million.
7:00 PM EST | February 03, 2008
China's Sinochem to Bid for Devon's Egypt Oil Blocks
China National Chemicals Import & Export Corp., or Sinochem, will bid for the oil assets of U.S. company Devon Energy in Egypt, a Sinochem official said Wednesday.
7:00 PM EST | February 27, 2007
Global Wins $31M UAQ Contract from Sinochem
Global Industries has been awarded an approximately $31 million contract from a wholly owned subsidiary of Sinochem Corp., and the Ras Al Khaimah Gas Commission for works associated with developing the UAQ gas condensate field in the UAE.
7:00 PM EST | December 18, 2006
Oudna Field Reaches 20,000 Bopd Target Production
Lundin Petroleum and Atlantis Holding Norway AS report that gross oil production from the Oudna field offshore Tunisia is now in excess of 20,000 bopd following the successful commissioning of water injection and artificial lift facilities.
7:00 PM EST | December 18, 2006
Lundin Begins Production at Oudna Field
Lundin Petroleum and Sinochem report that oil production commenced from the Oudna field, offshore Tunisia on November 11, 2006.
7:00 PM EST | November 13, 2006
Lundin: Tunisia's Oudna Field to Come Onstream in Q3
Lundin Petroleum and Atlantis Holding Norway AS, a subsidiary of Sinochem E&P, said that first production of oil from the Oudna field offshore Tunisia is scheduled for September 2006.
8:00 PM EST | July 05, 2006
SPD Wins Sinochem UAE Contract
SPD Well Project Management recently won the contract to plan and manage Sinochem's first wholly owned upstream construction project in the UAE.
8:00 PM EST | April 05, 2006
Sinochem Buys Acquires Stake in Block 16 in Ecuador
Sinochem has bought a 14% stake in Block 16 in Ecuador for $100 million.
7:00 PM EST | December 14, 2003
Sinochem Subsidiary Makes Gas Discovery in Oman
Sinochem's subsidiary, Atlantis Oman, is drilling a gas reservoir in northern Oman on Block 40 that holds up to 300 billion cubic feet of natural gas.
8:00 PM EST | September 23, 2003