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Posts related to ‘SNP’

China & Oil: Talking Down The Price (SNP, BHP, POT, CEO, BP)

Posted: August 24, 2010 at 1:00 pm

What is the easiest way to drive down a price without stopping orders?  Telling suppliers that you may have to cut orders in the months ahead.  There are many things ...
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Media Digest 8/23/2010

Posted: August 23, 2010 at 4:09 am

Reuters:   Kenneth Feinberg took over the BP plc $20 billion escrow account. Reuters:   Americans are confused about healthcare reform according to a new poll Reuters:   Sinochem approached Potash (NYSE: POT) ...
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China Kicks Off Hunt for Shale Gas

Posted: July 1, 2010 at 2:13 pm

Sinopec, officially China Petroleum & Chemical Corp. (NYSE:SNP), has initiated a program to evaluate shale gas deposits in the southern part of the country. Estimates of the size of the ...
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China Gains Another Foothold in Brazil (STO, PBR, SNP, CEO, BP)

Posted: May 21, 2010 at 12:16 pm

Norway's Statoil ASA (NYSE: STO) has agreed to sell a 40% stake in its deepwater Peregrino field offshore Brazil to China's Sinochem Group for $3.07 billion. Statoil retains its 60% ...
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Another Chinese Investment in Canada’s Oil Sands (PWE, PTR, ENB, CEO, SNP, TOT, COP, KMP)

Posted: May 15, 2010 at 8:45 am

Penn West Energy Trust (NYSE:PWE) is the latest beneficiary of Chinese interest in the Canadian oil sands. China Investment Corp., a state-owned sovereign wealth fund, has agreed to invest about ...
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China’s Oil Companies Could Help Slow Credit Demands (SNP, COP, CEO, PTR, BP)

Posted: April 28, 2010 at 2:42 pm

Like oil refiners everywhere, China Petroleum and Chemical Co. (NYSE:SNP), better known as Sinopec, had a tough year in 2009. The company's revenues were down nearly 7%, but EPS was ...
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Today’s Best Market Rumors

Posted: April 28, 2010 at 9:06 am

Updated throughout the day. Sinopec (NYSE: SNP) will sell $2.93 billion in bonds (WSJ) Research-in-Motion (NASDAQ: RIMM) has set a goal of 100 million customers worldwide (Globe & Mail) Douglas ...
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Canadian Oil Sands: The Race to Secure Energy’s Future

Posted: April 26, 2010 at 2:08 pm

The oil sands deposit in western Canada has been called many things, but Canadian researcher and writer Alastair Sweeney may be the first to call them a "calming, stabilizing force ...
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Oil’s Next Big Surge

Posted: April 26, 2010 at 5:55 am

Crude oil prices are back above $85 and seem ready to breach $90. The leg from $69 to $85 which began in February had hit a plateau, but optimism about ...
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Chinese Demand for Oil Keeps Growing

Posted: April 21, 2010 at 1:03 pm

For the seventh consecutive month, Chinese demand for crude oil has increased by double digits over demand just one year ago. Demand in March grew by 12.8% year-over-year. The ...
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Crude Jumps Above $85 As Reaction To American Jobs Figure

Posted: April 5, 2010 at 5:26 am

The BBC reports that crude traded over $85 on the first day after the Easter weekend reaching $85.31 a barrel for light crude. The news service identified the US jobs ...
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Media Digest (3/29/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 29, 2010 at 2:51 am

Reuters:   A suicide bomber killed 37 in Moscow. Reuters:   China sentenced Rio Tinto (RTP) executives in prison for ten years. Reuters:   A JPMorgan $1.4 billion tax write-off faces FDIC scrutiny. Reuters:   ...
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Twelve Huge M&A Deals For 2010: The Stuff That Dreams Are Made Of

Posted: December 14, 2009 at 1:48 pm

M&A activity picked up in the second half of 2009 as the market moved up and access to capital for big companies improved. Corporate debt offerings soared and banks began ...
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Asia Markets And Europe Open (12/4/2009)

Posted: December 4, 2009 at 3:31 am

Markets in Asia were mixed. The Nikkei was up .4% to 10,023. Honda (NYSE:HMC) and Sony (NYSE:SNE) rose but Toyota (NYSE:TM) dropped. The Hang Seng fell .3% to 22,495. Sinopec ...
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The Vicious Competition For Peak Oil

Posted: November 30, 2009 at 4:56 am

There has been a heated argument for the last several years about when the world will start to run out of oil. The rate of oil production, after more than ...
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