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The company denied the allegations. At the time, the project paid for by the Malaysian government, was only 13% incomplete, but the money paid corresponded with a project that was close to 80% complete. In July 2019, Malaysian authorities seized $243.5M from China Petroleum Pipeline Engineering to compensate for the paid for but unfinished ...
Oil and gas companies of Hong Kong (6 P) S. Sinochem Group (1 C, 5 P) Sinopec (6 P) ... China Petroleum Pipeline Engineering; CITIC Resources; F. Fushun Petrochemical ...
According to the OECD, foreign oil ventures are an attractive investment for Chinese national oil companies because China is a large importer of oil and wants to control its supply chain. [ 59 ] : 10–15 Some Chinese observes agree with this assessment and highlight Sinopec's 2005 goal of importing 15 million tons of crude oil for refinement ...
Adding more fuel to pay dividends Pipeline companies prefer to grow organically by expanding their midstream infrastructure operations through expansion projects. However, many are turning to M&A ...
They pay big and dependable dividends, and many energy master limited partnerships are midstream companies that control the movement or storage of oil and natural gas via contract pricing with the ...
Williams Companies is a major natural gas pipeline operator, handling 30% of America's volumes in 2019. The crown jewel of its portfolio is the Transco system, which is the largest interstate gas ...
The refinery is China's largest refinery with annual capacity of 10 million tons of oil and 1 million tons of ethylene. The refinery is an integral part of China's ambitions to import oil from Kazakhstan. [17] In February 2011, PetroChina agreed to pay $5.4 billion for a 49% stake in Canada's Duvernay shale assets owned by Encana.
Antero Midstream just completed a "simplification" merger with its general partner parent with a similar name to help streamline operations and based on dividend history already offers a generous ...