CITIC Resources
CITIC Resources Holdings Limited (SEHK: 1205), a subsidiary of CITIC Group in China, is an integrated provider of natural resources (including petroleum, coal, metals) particularly petroleum business.[1]
| Type | State-owned enterprise (Red chip) |
|---|---|
| Industry | Natural resources |
| Founded | 1997 |
| Headquarters | |
Area served | People's Republic of China |
Key people | Mi Zengxin (Chairman) |
| Parent | CITIC |
| Website | resources |
In 2007, CITIC Resources paid US$1.15 billion for oil fields in Kazakhstan and Northeast China from its parent company, CITIC Group. This accelerated CITIC Resources to transform from metal producer to oil producer. It expects to be the fourth largest oil producer in China, following Petrochina, Sinopec and CNOOC.[2]
References
- "Corporate Profile of CITIC Resources Holdings Limited". Archived from the original on 2008-03-20. Retrieved 2008-05-17.
- Citic Resources to buy oil fields from parent company
External links
| Oil and gas majors (Upstream/Downstream) |
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| Oil (Upstream) | |||||||
| Natural gas |
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| Drilling services |
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| EPC | |||||||
| Refineries |
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| Central government owned |
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| Regional government owned |
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| Privately owned | |||||
 Coal companies of China | |||||
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