Archive for August, 2007
CNPC overseas organizations help local Sudanese and Peruvian affected by natural calamities
Since July, some parts of Sudan and Peru had been attacked by heavy flood and earthquake respectively. More than 600 were killed and hundreds of thousands were affected. CNPC overseas branches in Sudan and Peru managed to raise ... Read More
The Group Coporation signed the Ethiopia Substation Supply Contact
At 11:00 on the morning of August 24, 2007 the International Company of the Group Corporation sign the Tekeze-Indaselasie-Humera (TIH-1) 230KV substation project supply agreement with Ethiopian National Electric Power Company. ... Read More
The Operation Ceremony of Ghana BUI Power Station Held Solemnly
At 11:00 on the morning of August 24, the operation ceremony of the second largest power station in Ghana—BUI Power Station was held solemnly in Tain area in Brong-ahafo region which is 600 kilometers away from Ghana capital ... Read More
Sinopec’s net profits up 65.3% in first half
China Petroleum and Chemical Corporation (Sinopec) announced Sunday that its net profits in the first half of 2007 rose by 65.3 percent from the same period of last year to 34.9 billion yuan (US$4.6 billion). According to the ... Read More
Ethiopia signs massive power supply contracts with Chinese firms
The state-owned Ethiopian Electric Power Corporation (EEPCo) on Friday signed six contracts with three Chinese companies, providing for expanding electricity supply services to rural towns and villages. The contracts amount to ... Read More
Fan Jiixang Met with Ghana President and Both Parties Prospect for
On the afternoon of August 22nd, General Manager of the Group Corporarion Fan Jixiang went to the Ghana presidential palace to visit Ghana President Kufuor. Both Parties prospected for the glorious future of BUI Power Station ... Read More
The Group Corporation Signs a Contract with Angola Moxico Province
A news of victory has been reported fron Angolan market, after succeeding in signing a treaty with Angolan Moxico Province Luena Runway Project in June, the Group Corprotation signed another item of Luena-Lukusi Road Project ... Read More
CNOOC Signs Two PSCs with Newfield Again
HONG KONG, Aug. 14 /Xinhua-PRNewswire/ — CNOOC Limited (NYSE: CEO, SEHK: 883, “the Company”) announced today that its parent — China National Offshore Oil Corporation (”CNOOC”) has signed two ... Read More
The Group Corporation signs a 1,111,000,000 US dollars treaty of the Libyan Room Construction Project Officially
The Group Corporation has made a break-through progress in Libya market. At 11:00 sharp on the morning of August 12, Libyan housing project contract signing ceremony held grandly in Libyan House and Infrastructure Department. ... Read More
Did China’s Policy Bank Look Before Leaping?
The government’s China Development Bank is sinking billions of euros into Britain’s Barclays Bank in bid for ABN Amro, triggering debates over Beijing’s emerging role as a global market player with a lot of cash but ... Read More
Sinoenergy Signs Agreement with Sinopec
QINGDAO, China, Aug. 9 /Xinhua-PRNewswire-FirstCall/ — Sinoenergy Corporation (OTC Bulletin Board: SNEN), (”Sinoenergy” or the “Company”), a manufacturer of compressed natural gas (CNG) vehicle ... Read More
sub prime loan crises may affect some Chinese banks
The latest US sub prime loan crises didn’t render Chinese banks safe. A US report said Chinese financial institutions had bought US$107.5 billion worth of US mortgage securities by the end of June last year, accounting ... Read More
The Group Corporation Signs the Myanmar Cooperative Development
At 18:00 on the afternoon of August 2nd, the International Project Limited Company of Sinohydro Corporation signed memoradum of Ta Sang Hydropower Project with Thailand EGAT, MDX Group Coproration in the Thai Bangkok Emerald ... Read More