129773903141562500_5China: national oil refining business regulation significantly reduced
Yesterday, in Sinopec shares performance descriptions at the meeting, the EBIT Sinopec Chairman, national development and Reform Commission raised oil prices and sharp losses in the company's refining business, now the international oil price and overall domestic gasoline and diesel prices affordable.
This means that as the first domestic refining and chemical giant
tera power leveling, Sinopec no urgency to promote domestic gasoline and diesel prices under pressure. It is learnt that theAlthough domestic gasoline and diesel prices by the State development and Reform Commission Regulation, development and Reform Commission will keep two lard-enterprise communication, understanding their oil refining loss of pressure.
March 20 before the price before rumors of two single large clamping and enterprises for refinery losses had suggested the country prices. Yesterday for 2011, its oil refining giant loss, EBIT, Chairman of Sinopec said future oil refining platesTo turn around depending on the trend of international crude oil prices, and if crude oil prices continue to rise, oil refinery of Sinopec also continued to lose money, if they were to fall, rate of loss is expected to be reduced, and even profitable. Mechanism and the reform of refined oil pricing power is delegated to the three major oil companies, introduction to EBIT, when two associations in March, Central has a clear oil and gas reformsAs a key reform this year, specific proposals to be announced.
Collection and burning will not cut into the stalemate of Sinopec and new combined to fuel acquisitions
tera gold, EBIT, burning shareholders in a takeover caused dissatisfaction may be caused because the employee does not understand the acquisition of burning, staff may concern will be dismissed. It has been learned that, Sinopec and new Olympics per share to 3.Price of 5 Hong Kong dollars to buy burning all of the issued shares in
tera power leveling, met with shareholders and employees fired in opposition, saying that price does not reflect the fundamental values of the company. EBIT, Sinopec, not for acquisitions and acquisitions, impossible to pay higher than market prices, current prices already reflect the fair market value. At the same time, Sinopec to buy assets has never been conditional on the dismissal of management and employeesWill experience through the development of business, management and support to increase value for shareholders.
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