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Sinopec Limited was established as a joint stock entity under the China Petrochemical Corporation Group (Sinopec Group) in February 2000. The company was simultaneously listed in Hong Kong, New York, and London in October 2000.
In May 2014, a 30-year deal between Russia's Gazprom and China National Petroleum Corporation (CNPC) which was 10 years in the making was estimated worth $400 billion. The agreement was signed at a summit in Shanghai and is expected to deliver some 38 billion cubic meters of natural gas a year, starting around 2018, to China 's burgeoning economy.
Liaoyang Petrochemical Corp, a unit of PetroChina, in May 2019 exported to Europe for the first time. [23] PetroChina posted a US$4 billion profit for 2019. [ 24 ] In 2023, PetroChina received the equivalent of US$343 million in state subsidies .
China National Chemical Corporation, commonly known as ChemChina, is a Chinese state-owned chemical company in the product segments of agrochemicals, rubber products, chemical materials and specialty chemicals, industrial equipment, and petrochemical processing for the civilian and military sectors. [2]
The Top 500 Enterprises of China is a ranking of the top enterprises in the People's Republic of China created by the Chinese Federation of Enterprises (CFE). The top-ranking company in 2005 was China Petrochemical Corporation, also known as Sinopec. [1] In 2006 the top 500 enterprises accounted for 78% of China's GDP. The top five were: [2 ...
China 13 Ping An Insurance: Financials: $181,566 $12,454 344,223 China 14 Sinochem: Chemicals: $173,834 –$1 220,760 China 15 China Railway Engineering Corporation: Construction: $171,669 $2,035 314,792 China 16 China National Offshore Oil Corporation: Oil and gas: $164,762 $16,988 81,775 China 17 China Railway Construction Corporation ...
Shell (RDS.A) and CNOOC announce the start-up of new units to supply essential petrochemicals to the China markets, which will facilitate the economic development in Huizhou City.
China National Offshore Oil Corporation, or CNOOC Group (Chinese: 中国海洋石油总公司; pinyin: Zhōngguó Háiyáng Shíyóu Zǒnggōngsī), is the third-largest national oil company in China, after CNPC (parent of PetroChina) and China Petrochemical Corporation (parent of Sinopec).