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Oil: The End of an Era – Rabobank
OPEC has raised its global medium to long-term petroleum demand expectations, with PetroChina's stock rising by over 4%.
How do institutions view the new energy fund transformation plan? What other news is currently driving the rise in oil prices?
Sinopec SEG (02386.HK) spent 0.2 million Hong Kong dollars on September 24 to repurchase 0.037 million shares.
Gelonghui September 24th | Sinopec SEG (02386.HK) announced that it will spend 0.2 million Hong Kong dollars on September 24th to repurchase 0.037 million shares.
【Brokerage Focus】Everbright maintains a "buy" rating on Sinopec Seg (02386), pointing out its reliance on Sinopec and the potential for rapid growth in performance.
Golden Guard Finance News | Everbright Securities issued a research report, Sinopec Seg (02386) released a voluntary contract announcement. The company has signed an EPC engineering general contract with Tecnicas Reunidas, a Spanish company, and Silleno LLP of Kazakhstan for the ethane cracking project of the Silleno petrochemical complex project in Kazakhstan. The contract is worth approximately 2.5 billion US dollars. The bank pointed out that the project is a national landmark project for the vigorous development of the petrochemical industry in Kazakhstan. The owner, Silleno Company, is formed by the Kazakhstan National Oil and Gas Company and China.
Express News | Sinopec Engineering, Tecnicas Reunidas Win an Epc Contract for an Ethane Cracking Project of Silleno in Kazakhstan Valuing $2.5 Bln
Sinopec SEG (02386.HK) has signed an EPC contract for the Silleno ethane cracking project in Kazakhstan.
Sinopec SEG (02386.HK) announced that the group has recently signed an EPC engineering and construction contract with Silleno LLP (hereinafter referred to as Silleno Company) for the ethane cracking project of the Silleno petrochemical complex project in Kazakhstan. According to the contract, the group will form a consortium with Tecnicas Reunidas (hereinafter referred to as TR Company) to jointly provide EPC engineering and construction services for the project. The contract is worth approximately $2.5 billion.
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