Sinochem acquired the stake from Pioneer Resources in 2013 for $1.7bn, with production from the JV's land at around 10,000 barrels of oil equivalent per day (boepd) at the time.

Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil giant with almost $100 billion in annual ...

Pioneer Natural Resources agreed to sell a 40% stake in 207,000 acres in West Texas's Wolfcamp Shale to Chinese conglomerate Sinochem in a deal worth $1.7 billion, the third-biggest single ...

Chinese state-owned Sinochem Group is expected to keep its stake in Pirelli despite a move by the Italian government to limit its influence at the tyre maker, three sources close to the matter ...

Pioneer Natural Resources Company has inked a farm out agreement with a U.S. subsidiary of Sinochem Group for a portion of the company's acreage in the horizontal Wolfcamp Shale play for $1.7 billion.

After several years of rumors, the planned merger of Sinochem and ChemChina, two Chinese state-owned chemical conglomerates, has been confirmed. Frank Ning, chairman of both companies since 2018 ...

Sinochem, owned by the Chinese government, is Pirelli’s biggest single shareholder, with a 37% stake, and has 60% of seats on the board of the Italian tire maker.

Pirelli chief Marco Tronchetti Provera said on Friday the tensions at the tyremaker involving China's state-controlled Sinochem , its main shareholder, are on the way to being resolved.

By June 2023, the administration of Italian Prime Minister Georgia Meloni was examining the Pirelli-Sinochem agreement using the Golden Power Procedure Rules, granting the Prime Minister's office ...

CANBERRA, Australia -- Nufarm Ltd. of Australia said it received a preliminary approach by China's Sinochem Corp. for a potential takeover, the latest in a series of overtures by Chinese state ...

Sinochem Holdings Corp. is exploring ways to salvage a planned Shanghai listing of its unit Syngenta Group, including a smaller initial public offering for the agrochemical giant, people with ...

("Total Sells Colombian Assets To Sinochem," at 0913 GMT, misstated the amount of the transaction in the first paragraph. The correct version follows:) French oil major Total SA TOT said Wednesday ...