Beijing, December 21st, 2010 - China Petrochemical Corporation, the nation’s largest refiner, received state approval to buy Colombian oil and gas assets owned by Hupecol LLC., according to the country’s economic planner.
China Petrochemical, or Sinopec Group, has completed the deal, Huang Wensheng, a company spokesman, said by mobile from Beijing today. The company didn’t make an announcement on the purchases because it’s “a rather small deal”, he said, without elaborating. Today’s statement on the website of the National Development and Reform Commission didn’t give details.
The commission also gave approval for Sinopec’s acquisition of a 20 percent stake in two blocks from Petroleo Brasileiro SA, according to another statement on the commission’s website today.
China National Offshore Oil Corp. received go-ahead for its purchase of a 33.33 percent stake in the Eagle Ford shale project from Chesapeake Energy Corporation, according to the commission.
The authority also issued approvals for PetroChina Company’s plan to build a 3.5 million ton-a-year liquefied natural gas receiving terminal in Tangshan and China National Petroleum Corporation’s third gas pipeline from Shaanxi to Beijing. - Bloomberg
China Petrochemical, or Sinopec Group, has completed the deal, Huang Wensheng, a company spokesman, said by mobile from Beijing today. The company didn’t make an announcement on the purchases because it’s “a rather small deal”, he said, without elaborating. Today’s statement on the website of the National Development and Reform Commission didn’t give details.
The commission also gave approval for Sinopec’s acquisition of a 20 percent stake in two blocks from Petroleo Brasileiro SA, according to another statement on the commission’s website today.
China National Offshore Oil Corp. received go-ahead for its purchase of a 33.33 percent stake in the Eagle Ford shale project from Chesapeake Energy Corporation, according to the commission.
The authority also issued approvals for PetroChina Company’s plan to build a 3.5 million ton-a-year liquefied natural gas receiving terminal in Tangshan and China National Petroleum Corporation’s third gas pipeline from Shaanxi to Beijing. - Bloomberg
No comments:
Post a Comment