129742938759375000_23From Sinopec, CNOOC, one street away, foot to.
Sinopec, CNOOC CEO to Chairman, has EBIT year to complete. EBIT seems not to forget the role change. In early 2012, he pushed away an exclusive interview with Sinorama reporter, on the grounds that: "I promise you when it is in oil, now I have toSinopec. Interview with belongs to the history of oil in debt, I introduce Wang Yilin to you. "" This year, Lo Fu is not easy. CNOOC, Sinopec style differences of the two enterprises larger; he is over, will need time to adapt to the new environment.
"One acquainted with EBIT of a veteran told the financial and economic state of the industry magazine. Review of EBIT "first year" tourDilute its trader Sinopec, on is marked "Fu-mark": a large appetite of overseas mergers and acquisitions, has been coming out of merger and acquisition in China Gas (quotes, news, reviews) plan, is planning outs intention of sth
Familiar with overseas mergers and acquisitions, to be good at "capital games" EBIT, Sinopec, will take him to where? "Fighting Captain" in 2011When, PetroChina, Sinopec, CNOOC, three petrochemical giant, changes in senior leadership, serving original Su Shulin, Chairman of Sinopec Fujian; EBIT by Sinopec, CNOOC was transferred. EBIT after CNOOC always go all out to serve SB. regardless of the consequences, for nearly 30 years, step by step rose to CNOOC zhangmen. When outsiders think that the CNOOC and EBIT of employment at the end is ershunEBIT came to the master of the year "even greater" Sinopec, career and then hops a ride.
Took on the third day, General Manager of Sinopec oil in Guangdong Lu Guangyu trapped "expensive wine" scandal, EBIT assumed office of the need to fight crime after an "quick firing". EBIT now is composed of the departments of the joint investigation team sent to Guangdong and announced:Prior to the final conclusion, a research group
diablo 3 power leveling, Sinopec system-wide comprehensive self-correction immediately, "by analogy, good grasp of rectification and reform."
Ten days later, Sinopec, both in Guangdong and Beijing, respectively, bringing together media communications: Lu Guangyu breaches $ 1.59 million fine wine purchase, General Manager, demotion; $ 131,100 consumption of red wine, his own money. "This thingFor China and the serious damage to the image of the State-owned enterprises, on a person's behavior led to the humiliation of millions of people.
The "EBIT said to the media.
Sinopec Beijing media briefings at Headquarters, EBIT and Wang Tianpu, President of Sinopec, and two other members of the party group, pointed to the media a number of topics, answer. "Many of the leaders of the singleHe best and media contacts. He is smart
tera gold, knows principles of news, know the media attention to the point where, say what you want.
"A central media reporters who interviewed more than once has EBIT. Disposition "expensive wine", has EBIT completed debut of the new China. After the event began to subside, has EBIT quiet through 60 birthday.EBIT to confront media practices, within the system of Sinopec, has caused a small shock.
If the master concerned that, if too much exposure to media, to respond to the issues, you may draw fire against oneself. "Fu total bet, love said, participate in more activities, met reporters generally do not refuse". One employee on the financial state of the publicity system of Sinopec weekly press conferenceSaid, as his single executives at this level are generally very cautious, some executives also clearly required that "newspapers are not remembered, radio no sound, TV no pictures". "Fu total focus on corporate image". The staff said, over the past year, Sinopec, multiple occurrences of negative news on the media, EBIT keeps ganshang "fire", or even several times due to ineffective subordinate disposition and DaihatsuThunder, Sinopec, which is responsible for foreign propaganda employees "Grand pressure".
Familiar with China Petroleum (601,857) inside the industry people, Sinopec is a typical State-owned enterprise, mature wisdom; and CNOOC's management culture is "seafood", more energy and vitality, in line with international oil companies. Master EBIT of Sinopec, need to face different enterprisesCulture does not fit. Foregoing EBIT known industry veteran who said, "in the new environment, at first he is not better than". Introduction to employees according to Sinopec, EBIT has one of the biggest features is love "incognito travel", is usually six or seven o'clock in the morning to appear in a gas station or a refinery, and most were weekend days off. "He's notHappy people to accompany, often engaged in grass-roots cadres by surprise ". Resources for King was a bump, EBIT came a year, or is "Fu-mark" slowly carved upon Sinopec. Resources endowment of Sinopec, CNOOC and different: the lack of upstream oil and gas resources, is China's biggest weakness. "In Office a few months after an internal meeting, Sinopec, has EBIT down warStructure adjustment of focus, to make up short as soon as possible.
"People familiar with the situation told the financial and economic state of Sinopec weekly reporter," is to strengthen the resources of oil and gas exploration and development ". Resources, China petrochemical development by EBIT is determined to be the "headline" strategy. When CNOOC pursuing at the time of the "resource is King" strategy in China into "filled the upper reaches shortPlate ". According to the plan, the "Twelve-Five" period, China petrochemical combine in Tarim, junggar basin, Ordos (600,295), in songliao and bohaiwan regions, train 5 gas production growth. In October 2011, Sinopec started the victory
tera power leveling, North, Northwest, and Southwest, Henan and other 5 regions of "additional reserves for" battle. EBIT in the stoneAnother weapon is the strategy of overseas mergers and acquisitions of resources, which, is the stock-in-trade of EBIT.
In 2011, in the case of merger and acquisition of international oil and gas markets cooled, Sinopec on bucking, become important role on the international oil and gas mergers and acquisitions market. According to statistics, China 2011 funding for overseas mergers and acquisitions of more than 10 billion dollars, in succession to winThe Pacific (601,099) liquefied natural gas company 15% equity, Canada oil and gas producers in solar energy company, Portugal high oil companies using Brazil subsidiary of 30% shares.
At home, the 2011 has EBIT throws grand strategy: invest $ 140 billion, moving into Xinjiang coal gas pipeline project. Industry comments, referred to in the competition,Is the boss-in-oil domestic oil and gas upstream markets. In accordance with the framework agreement signed between Sinopec and Xinjiang, the massive investment in the "Twelve-Five" completed.
Sinopec will take the lead in building the new Guangdong and Zhejiang two pipes and new robust pipeline outside the Xinjiang coal and natural gas pipeline project, designed a scale of 60 billion cubic meters/year. PetroChina Xinjiang coal gas pipeline, Target market covers over 20 provinces and cities, and the construction of West-East gas transmission oil in first-line, second-line coverage area there is a lot of coincidence, and designed to lose volume over which more than 10 billion cubic meters.
Is more competitive, Sinopec to abundant coal resources in Xinjiang coal gas, its cost is lower than in the Central Asian imports of oil and natural gas. If EBIT's expansion plansTo fruition, three domestic oil and gas giant's position is likely to change.
The downstream refinery accounts for the absolute superiority of Sinopec, will be a menace. Capital stage as early as 2005, under CNOOC has EBIT leadership United States Unocal energy company of us $ 18.5 billion offer for mergers and acquisitions. Although short for non-commercial reasons, but EBITFamous world war I, international capital markets, always remember that the "black Oriental nationality Han". "Familiarity with EBIT on capital markets, their grasp of the international rules of the game, far from being outside most people can imagine. Failed Unocal bid, was not lost on the personal abilities of the EBIT. "Energy circle told one senior finance and country weekly reporter, after many years of aAccident scene, EBIT interest, for up to 8 hours of talk off the cuff, details behind the Unocal takeover, heard you dumbfounded. Sinopec, has strong financial resources more, as has EBIT provides greater capital platform. Today, the combined EBIT new energy enterprises (quotes, news, reviews) of enterprises listed on Hong Kong China Gas HK $ 16.7 billion(About 13.6 billion yuan) of mergers and acquisitions, it is one.
This time, has EBIT cautious, and is determined to have, but not showing a trillion. China Gas quote "did not reflect the fundamental values of the company" response, EBIT analysis pointed out that only offer China gas and shareholder value, do not say lightly concession prices, "is notIs the time to raise prices.
"In China at the start of shareholders meeting, EBIT said to the media. China Gas mergers and acquisitions, EBIT was a "Unocal"?
It remains to be seen. EBIT is also planning another major event: Sinopec outs. Listed in the first place, may be the Group's oil-field engineering services business, most likely in 2012In March, intended to finance billions of Hong Kong dollars in Hong Kong, then, may also be a number of under arm on the capital market. Seems to be the "path dependence", all this, Fu Chengyu, CNOOC has done some similar. Once, CNOOC taking Fu (601,808), Sea oil project (600,583) such as CNOOC, professional company, owned by the full package listing。
Experience, EBIT, these specialized outs, than the price listed on the packaging will sell better.
This series of ambitious plans, all reveal "Fu-thinking".
But insiders say that, how to avoid excessive appetite, aftermath of the expansion is too hard to stay, needs to settle down and to think about the problem in the long run. Fu ChengDuring the Jade sea in his oil, oil and gas production Diego high.
The end of 2010, CNOOC's foreign propaganda: offshore oil and gas production of more than 50 million tons, successfully completed the "Daqing on the sea", by 2020 will build four "Daqing on the sea". After 4 months, EBIT transferred to China. Soon, CNOOC and United States Sports of Philippine companies offshore oilfield drainageLeakage, there have been other oil leak, refinery fires and other accidents.
View of the industry, CNOOC was expanded too quickly and manage the technology behind the left "sequela". Foregoing well-known EBIT in the industry said, "after the first year, later also need to be cautious".
Others:
No comments:
Post a Comment