Oil and Gas - Mergers and Acquisition Review

Showing posts with label Sinopec. Show all posts
Showing posts with label Sinopec. Show all posts
Monday, February 6, 2012

Huge Potential for Shale Gas in China

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According to the US Energy Information Administration, China holds the largest reserves of shale gas in the world, enough to supply China f...
Tuesday, January 31, 2012

Has Centrica Bagged a Discount Bargain in Statfjord??

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In the deal announced today,  Centrica  has acquired Reserves estimated at 36 MMBOE for a consideration of $223 million, which yield an eff...
Thursday, April 14, 2011

Sinopec and Petrobras collaborate to develop offshore Brazilian blocks!! Petrobras plans $224 billion investment through 2014.

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Sinopec will team up with Petrobras to develop offshore areas of the Para-Maranhao basin in northern Brazil after negotiating for a year.  P...
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Monday, March 28, 2011

Sinopec reports 2010 annual results; Natural Gas Production up 47.6% over 2009; Plan to invest RMB 54,100 million (US$ 8,300 million) for exploration and development of mature oil fields in eastern China, Tahe, Angola Block 18, and gas fields in Yuanba.

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Sinopec produced 441.4 bcf of gas in 2010, up 47.6% over the 2009 gas production of 299 bcf. This is due to the start of commercial product...
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