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Sinopec, Cnooc Eye BP's Stake In TNK JV - Report

LONDON -(Dow Jones)- China Petroleum & Chemical Corp. (0386.HK), or Sinopec, and Cnooc Ltd. (CEO) are eyeing up BP PLC's (BP.LN) GBP14 billion half stake in its Russian TNK-BP (TNBP.RS) joint energy venture, The Mail on Sunday reports. The newspaper said Rosneftegaz has also been instructed by the Russian government to approach BP. Meanwhile, BP has told leading shareholders they could be in line for a GBP10 billion windfall from the sale of its stake, The Sunday Telegraph reports. One top 10 shareholder said, "(BP) will keep half the money for new assets and give half back to shareholders," according to the newspaper. -London Bureau, Dow Jones Newswires; 4420-7842-9289; michael.haddon@dowjones.com

Stock News for China Petroleum (SNP)
DateTimeHeadline
03/26/201714:39:00Sinopec's Net Profit Surged 44% YoY to RMB 46.7 Billion in 2016
03/23/201703:02:00Chevron Sells Assets In Africa To Sinopec -- WSJ
03/22/201709:16:00Sinopec to Buy Chevron's South Africa Assets for $900 Million...
03/22/201707:10:00Sinopec to Buy Chevron's South Africa Assets for $900 Million
01/23/201710:39:00Gulf Keystone Gets $15 Million Oil Payment, Doesn't Need Deal...
01/23/201705:52:00Gulf Keystone Petroleum Gets $15 Million for Oct Oil Exports
12/15/201603:02:00Finance Watch -- WSJ
11/24/201606:10:00China's Anbang Insurance Plans First International Bond Issue
11/22/201610:01:00Uganda Aims to Agree Refinery Partner Deal by Early Next Year
11/13/201602:41:00China Oil Companies' Push Into U.S. Faces Uncertainty With Trump...
10/27/201608:46:00Sinopec's Net Profit for 9M 2016 Up Over 10% y-o-y to RMB 30...
08/29/201600:30:00Stocks in Asia Fall After Comments From Fed
08/28/201607:00:00Sinopec Achieves Operating Profit RMB35.1 Billion in 1H2016
08/24/201623:10:00Asian Shares Lower With Markets Cautious Ahead of Fed Meeting
07/08/201601:10:00Asian Shares Mostly Lower
07/05/201618:34:00ADRs End Down; Oil and Gold Companies Trade Actively
07/05/201601:30:00China Stocks Rise on Reform Hopes
06/17/201608:40:00Spain's Repsol Faces $5.5 Billion Claim From China's Sinopec
04/28/201623:14:00China Petroleum & Chemical Corporation Files 2015 Annual Report...
04/28/201608:19:00Sinopec 2016 First Quarter's Net Profit Increases Over 200% YoY

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