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...of the biggest investments that a Chinese company has made in Africa. The Chinese company plans to build a refining factory with a yearly capacity of one million tonnes in the Bong iron mines,150km...
Sunday, 28 December 2008

... of the biggest investments that a Chinese company has made in Africa. The Chinese company plans to build a refining factory with a yearly capacity of one million tonnes in the Bong iron mines,150km f...
Tuesday, 23 December 2008

...arlier this year, Shanghai’s inflation hit 7.9 per cent in April and 4.1 per cent in October. Refining Losses Reach RMB180 Bn Sinopec and PetroChina suffered refining losses totalling ...
Sunday, 21 December 2008

Refining Losses Reach RMB180 Bn Sinopec and PetroChina suffered refining losses totalling RMB180.4 bn in the first 10 months of 2008. As crude prices hit USD147 per barrel in summer, the state-run c
Thursday, 18 December 2008

...hat do not allow a passing on of higher material costs to consumers. A company spokesperson said that the refining business incurred "significant losses", without providing exact figures....
Sunday, 31 August 2008

...hat do not allow a passing on of higher material costs to consumers. A company spokesperson said that the refining business incurred "significant losses", without providing exact figures....
Tuesday, 26 August 2008

Wal-Mart Agrees to Union Pay Rise Wal-Mart and worker unions in Shenzhen have negotiated a nine per cent pay rise for more than 8,500 employees, state media reports. The agreement reached will push
Monday, 28 July 2008

Sinopec Shanghai Petrochemicals lost between RMB600m and RMB700m in its oil refining business in the first quarter alone, Trading Markets reports.   Chairman Rong Guangdao said the compa
Friday, 25 July 2008

9. Weekly Statistics Update
(Statistics/ Statistics 2008)
- PetroChina, the top two oil titans in China, may book a combined loss of USD40 bn this year in their refining businesses due to the increasing cost of oil production, according to sources.
Sunday, 08 June 2008

10. Sinopec and SK Energy Form Wuhan JV
(News/News May 2008)
...said it has received USD1.02 bn in subsidies from the Chinese government "to help offset losses in the refining business." In 2005, Sinopec was given USD1.17 bn in subsidies, and in 2006 USD...
Friday, 30 May 2008

Sinopec Corp says it is still not able to get its head around refining losses even with government crude tax rebates.    The oil refiner, who reportedly made losses of RMB3,000 for
Tuesday, 27 May 2008

...rofit of RMB56.5 bn, up 5.5 per cent year on year. This figure was reached despite company claims that its refining business made a loss of RMB13.66 bn. During 2008, Sinopec plans to invest RMB60.1...
Sunday, 13 April 2008

...rofit of RMB56.5 bn, up 5.5 per cent year on year. This figure was reached despite company claims that its refining business made a loss of RMB13.66 bn. During 2008, Sinopec plans to invest RMB60.1...
Tuesday, 08 April 2008

14. Sinopec Records Record Profits
(News/ News January 2008)
...r Sinopec's profit includes the government subsidies of RMB10-15 bn which it receives in compensation for refining losses incurred as state-controlled fuel prices rose more slowly than global oil p...
Friday, 04 January 2008

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