|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.87 - 7.12|
|52 Week Range||5.44 - 7.44|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.01|
Norway's sovereign wealth fund has trimmed the proportion of its $1 trillion (720.79 billion pounds) fortune that is invested in companies that emit the most greenhouse gas, a Reuters survey has shown. Environmental campaigners hope the move by the world's biggest state-owned investment fund signals the start of a trend for investors shifting their money away from activities blamed for climate change. The review of the top 150 corporate greenhouse gas emitters showed that the proportion of their emissions that can be ascribed to Norway, based on the percentage of market cap it owns in the firms, fell to 0.74 percent in 2016 from 0.78 percent in 2014.
BEIJING/LONDON (Reuters) - China's Sinopec Corp inched closer on Thursday to victory over Glencore in their battle for Chevron's (CVX.N) South Africa and Botswana assets, saying the South African government favoured its bid. South Africa's Competition Commission recommended the roughly $900 million transaction with Sinopec be approved with certain conditions, Asia's largest refiner said in a statement. South Africa's government later announced that it had reached an agreement with Sinopec on public interest issues and that the transaction was pending final approval.
BEIJING/LONDON, Jan 11 (Reuters) - China's Sinopec Corp inched closer on Thursday to victory over Glencore in their battle for Chevron's South Africa and Botswana assets, saying the South African government favoured its bid. South Africa's Competition Commission recommended the roughly $900 million transaction with Sinopec be approved with certain conditions, Asia's largest refiner said in a statement.
South Africa will stick with China's Sinopec Corp as the preferred contender to buy Chevron's assets in South Africa and Botswana after it made a fresh commitment to future investments in the country, the Chinese oil major said on Thursday. State-owned Sinopec is competing for the assets with commodities trader and miner Glencore, which swooped in last October with a $973 million bid following delays to Sinopec's original agreement. Asia's largest refiner said in a statement that South Africa's Competition Commission had recommended transaction with Sinopec be approved with certain conditions.
CHONGQING, China/SINGAPORE, Dec 29 (Reuters) - China plans to launch a natural gas exchange in Chongqing in early 2018, aiming to create an Asian price benchmark as the nation's use of the fuel surges amid its shift away from coal. China is the world's third-biggest consumer of natural gas behind the United States and Russia.
Rating Action: Moody's assigns A1 to Sinopec Century Bright's proposed MTN program. Global Credit Research- 27 Dec 2017. Hong Kong, December 27, 2017-- Moody's Investors Service has assigned a provisional ...
Categories: Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for China Petroleum & Chemical Corp.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving ... Read more (Read more...)
* PREVIOUS TRADING SESSION MOVES: * SSEC +0.8 pct, CSI300 +0.3 pct * CNY official close 6.545 per dollar, 1.4 pct firmer vs US$ last 90 days * FTSE China A50 +0.3 pct, BNY Mellon ADR China Select Index ...
* PREVIOUS TRADING SESSION MOVES: * SSEC +0.1 pct, CSI300 +0.1 pct, HSI +0.7 pct * CNY official close 6.617 per dollar, 0.7 pct softer vs US$ last 90 days * FTSE China A50 +0.5 pct, BNY Mellon ADR China ...
Categories: Asia Pacific Value Yahoo FinanceClick here to see latest analysis Capitalcube gives China Petroleum & Chemical Corp. a score of 57. Our analysis is based on comparing China Petroleum & Chemical Corp. with the following peers – PetroChina Company Limited Class A and CNOOC Limited (601857-CN and 883-HK). Investment Outlook China Petroleum & Chemical Corp. has a fundamental score ... Read more (Read more...)
Categories: Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for China Petroleum & Chemical Corp.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving ... Read more (Read more...)
More than 200 institutional investors with $26 trillion (£19.5 trillion) in assets under management said on Tuesday they would step up pressure on the world's biggest corporate greenhouse gas emitters to combat climate change. Two years to the day since 195 governments adopted the Paris climate agreement, investors including Pacific Investment Management Co, Amundi, Legal & General Investment Management, Northern Trust and Aegon said they aimed to work with the 100 biggest polluting companies to curb emissions under a five-year plan.
Kweichow Moutai, the Chinese drinkmaker made famous when Richard Nixon drank its fiery sorghum liquor on his historic state visit to Beijing in 1972, has been the toast of the mainland's blue chip stock rally, surging 93 percent this year. More broadly, the blue-chip index is up about 22 percent this year, though it's been a bumpy ride higher.
Let's see if China Petroleum & Chemical Corporation (SNP) stock is a good choice for value-oriented investors right now from multiple angles.
Chinese state companies are shipping diesel to new buyers in the Middle East and Latin America as exports of the fuel head towards a record, and independent refiners could help raise the outbound sales even higher next year, multiple sources said. At least one of the independent refiners is looking to invest in fuel storage in southern Malaysia and others are setting up offices in Singapore, anticipating that Beijing is going to ease its export policy for the independent companies, said the sources involved in the shipment of diesel from China.
Australia's Origin Energy Ltd said on Tuesday it is targeting cost reductions at its Australia Pacific LNG (APLNG) liquefied natural gas project as it looks to lower its debt. The country's top power and gas retailer said it will seek to reduce capital and operating expenditure by more than A$500 million ($380 million) per annum over 18 months at the project, and will then target further cost cuts. Australia Pacific LNG (APLNG) is a joint venture between Origin Energy, US giant ConocoPhillips and China Petroleum & Chemical Corp (Sinopec).
Stone Energy's (SGY) merger with Talos Energy will create a leading exploration and production firm with extensive operations in offshore resources.