SINOPEC


Also found in: Wikipedia.
AcronymDefinition
SINOPECChina Petrochemical Corporation
References in periodicals archive ?
The report showcases how Sinopec is fulfilling its economical, safety, environmental and social responsibilities in Saudi Arabia.
Daman, Saudi Arabia - China Petroleum & Chemical Corporation (SINOPEC Corp.
Sinopec Group and SK Holdings have been close partners for years and established Sinopec-SK Wuhan Petrochemical Company Limited in Hubei province at the end of 2013 for a 800,000-ton ethylene project of Sinopec Group's Wuhan Petrochemical.
Bunkering being an important part of the marine services portfolio offered by Hambantota International Port (HIP), the oil tank terminal in partnership with Sinopec Fuel Oil Sales Co.
Sinopec, whose mission is to "provide energy for better life", achieved the stellar performance with an unwavering commitment to high quality and a focus on deepening supply-side reforms.
China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group, established by the state in July 1998 on the basis of former China Petrochemical Corporation.
Sinopec is rated on a top-down basis and equalised with Fitch's assessment of the credit profile of China Petrochemical Corporation (Sinopec Group), which owns 71.32% of Sinopec, as per Fitch's Parent and Subsidiary Rating Linkage criteria.
In an e-mailed statement, Sinopec said it would start from April to centralise refined fuel purchasing to balance supply, cut costs and boost efficiency, without giving details of the plan.
The ports served by BP Sinopec Marine Fuels Pte Ltd will be: Singapore; Fujairah, United Arab Emirates; Antwerp, Belgium; Rotterdam and Amsterdam in the Netherlands; Tianjin, Qingdao, Shanghai, Ningbo and Shenzhen, China.
Sinopec is selling as much as a 30 percent stake in the unit, Sinopec Sales Co., which is valued by the company at $56 billion.
The deal was sealed between Sinopec Oilfield Service Company (SOSC), Weatherford and Shengli Highland, a JV between Weatherford and a Sinopec unit that manufactures drilling tools.
Sinopec's team will acquire a 15-percent stake in the Pacific Northwest LNG Project (PNW LNG), which will allow them 1.8 million cubic meters of LNG annually for 20 years, the report said.