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.

China's state-backed Sinochem is planning to sell its 40% stake in the Wolfcamp joint venture with Exxon Mobil (NYSE:XOM) in the Permian Basin, hoping to fetch at least $2B, and has hired Barclays ...

Sinochem acquired the stake from Pioneer Resources in 2013 for $1.7 billion, when production on the roughly 83,000 net acres (33,590 net hectares) of land under the JV was just about 10,000 ...

FILE PHOTO: A man rides past the office building of Sinochem in Beijing, China February 21, 2017. REUTERS/Damir Sagolj/File Photo. By Chen Aizhu.

Changyi Petrochemical, a Sinochem-owned plant in China's refining hub of Shandong, drew a top bid of about 2.98 billion yuan ($411.82 million) from an unidentified party in an auction that closed ...

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MILAN, Nov 8 (Reuters) - Italy is checking whether the presence of Sinochem (600500.SS), opens new tab executives on Pirelli's (PIRC.MI), opens new tab board is in breach of measures Rome imposed ...