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CNOOC Appoints Former PetroChina Exec as CFO
Research Reports Gold Mining | Everbright: China Petroleum Engineering Corporation continues to expand its domestic and overseas markets, maintaining a "Shareholding" rating.
Everbright's Research Reports indicate that China Petroleum Engineering Corporation (600339.SH) has signed a $0.513 billion EPC contract with ADNOC, further consolidating and expanding its position in the overseas market. The company is one of the internationally leading integrated gas processing and production enterprises, supplying over 60% of the gas product demand in the UAE. The project is beneficial for the company to further consolidate and expand its Oil & Gas Transportation & Storage business in the UAE and to strengthen its overseas market position. Backed by the CNI Resource Index of China National Petroleum Corporation, the company continues to explore domestic and international markets. The enhanced foreign cooperation in the petrochemical Industry under the Belt and Road Initiative Concept is expected to contribute to the ongoing growth of the company.
China Petroleum Engineering Arm Wins 3.8-Billion-Yuan Bid for Pipeline Project in UAE
The Three-year Decline in Earnings Might Be Taking Its Toll on China Petroleum Engineering (SHSE:600339) Shareholders as Stock Falls 5.7% Over the Past Week
China National Petroleum Trims Direct Stake in China Petroleum Engineering
China Petroleum Engineering Corporation (600339.SH): State-owned shares to be transferred.
Gruntay November 12th | China Petroleum Engineering (600339.SH) announced that it has received a notification from the controlling shareholder of the company, China Petrochemical Corporation (referred to as 'Sinopec'), to deepen the strategic cooperation between Sinopec and PetroChina, optimize the equity structure of the company, and Sinopec and Sinopec's wholly-owned subsidiary, Sinopec International Energy Investment Co., Ltd. (referred to as 'Sinopec Guotou'), signed a share transfer agreement on November 12, 2024, in order to transfer control of the issue by the State-owned Assets Supervision and Administration Commission of the State Council (referred to as 'S"}
Returns Are Gaining Momentum At China Petroleum Engineering (SHSE:600339)
