Acquisitions and Divestitures News in China

JinkoSolar Schedules 2024 Annual General Meeting to be Held on December 27, 2024
11/6/2024 - JinkoSolar Holding Co., Ltd. ("JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced that it will hold its 2024 annual general meeting on ...
Sembcorp to Acquire 428mw of Wind Assets in China & India
11/27/2023 - Sembcorp Industries (Sembcorp) announces that it has signed two separate agreements to acquire a total of 428MW of wind assets in China and India.

Sembcorp’s wholly-owned subsidiary, Sem...
CM Energy Increasing Its Stake in A Leading Hydrogen Electrolyzer Company
11/20/2023 - The signing ceremony of Capital Increase Agreement was successfully held in Xiamen among CM Energy, and Tan Kah Kee Innovation Laboratory ("TKK Lab") / IKKEM Technology and Industry Development (Xiame...
Aramco Assesses Possible Investment in Shandong Yulong Petrochemical
10/11/2023 - - Company discusses possible acquisition of 10% stake in Shandong Yulong
- Potential deal would advance Aramco’s global Downstream expansion

Aramco, one of the world’s leading integra...
Aramco & Eastern Shenghong Sign Cooperation Framework Agreement
9/27/2023 - - Aramco intends to become strategic investor in Shenghong Petrochemical
- Agreement aims to strengthen Aramco’s relationship with Eastern Shenghong

Aramco, one of the world’s leadin...
BASF, Huntsman and their Chinese Partners Announce the Separation of Joint MDI
7/31/2023 - BASF and Huntsman together with their Chinese partner companies – Shanghai Hua Yi (Group Company), Sinopec Shanghai Gaoqiao Petrochemical Co., Ltd. and Shanghai Chlor-Alkali Chemical Co., Ltd. – annou...
China Natural Resources to Sell Precise Space-Time Technology
7/28/2023 - China Natural Resources, Inc. (CHNR) announced that it has agreed to sell all outstanding shares of Precise Space-Time Technology Limited ("Precise Space-Time Technology" or "PSTT") to Feishang Group ...
Aramco to Acquire 10% Stake in Rongsheng Petrochemical
3/27/2023 - Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a 10% interest in Shenzhen-listed Rongsheng Petrochemical Co. Ltd. (“Rongsheng...
INEOS & SINOPEC Complete Two out of Four Significant Petrochemical Deals
12/28/2022 - INEOS and SINOPEC have completed two of the four significant petrochemical deals announced earlier this year.

The two deals are:

SECCO join...
Sembcorp to Acquire 658MW of Operational Wind & Solar Assets in China
11/12/2021 - Sembcorp Industries (Sembcorp) announces that it has, through its wholly-owned subsidiary Sembcorp Energy (Shanghai) Holding Co. Ltd, signed a sale and purchase agreement to acquire a 98% interest in ...
Eaton Acquires a 50% Stake in Jiangsu YiNeng Electric’s Busway Business
4/26/2021 - Power management company Eaton (ETN) announced it has signed an agreement to acquire a 50 percent stake in Jiangsu YiNeng Electric’s busway business, which manufactures and markets busway products in ...
PetroChina Closed the Disposal of 60% Equity Interest in Beijing Pipeline
4/14/2021 - Kunlun Energy, a non-wholly owned subsidiary of PetroChina conditionally sold and PipeChina conditionally purchased the 60% equity interest in Beijing Pipeline and the 75% equity interest in Dalian LN...
PetroChina Agreed to Sell Major Pipeline Assets
7/23/2020 - PetroChina entered into the Transaction Agreements with PipeChina on 23 July 2020, pursuant to which the Group has agreed to sell, and PipeChina has agreed to purchase, the Target Assets, the consider...
Cargotec’s MacGregor Received Clearance from Chinese Competition Regulator
7/15/2019 - MacGregor, part of Cargotec, has received a clearance decision from the Chinese competition regulator, SAMR, for the company’s acquisition of the marine and offshore businesses of TTS Group ASA. Based...
CNOOC Signs Petroleum Contract with PetroChina
4/24/2019 - CNOOC Limited has announced that its subsidiary, CNOOC China Limited, has signed a Petroleum Contract with PetroChina for Beibu Gulf 23/29 Block and Beibu Gulf 24/11 Block. ...
CNOOC Signs a PSC with Smart Oil
4/12/2019 - CNOOC Limited (CNU) announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Smart Oil Investment Ltd. (Smart Oil) for Bo...
Aramco Signs Agreements to Acquire Stake in Zhejiang Integrated Refining & Petrochemical Complex
2/22/2019 - Saudi Aramco signed three Memoranda of Understanding (MoUs) aimed at expanding its downstream presence in the Zhejiang province, one of the most developed regions in China. The company aims to acquire...
CNOOC Signs PSC with Empyrean for Block 29/11
9/30/2018 - CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Empyrean Energy for Block 29/11 in the South C...
Zhao Dong PSC Extension Agreement Signed Between Roc Oil & Petrochina
9/3/2018 - On 28 August 2018, Roc Oil (Bohai) Company (Roc Oil), a wholly owned subsidiary of Roc Oil Company Limited (ROC), has signed the Seventh Modification and Supplementary (Production Period Extension) Ag...
CNOOC Signs a PSC with Roc Oil and Smart Oil
7/3/2018 - CNOOC Limited (CNU) announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (Roc Oil) and Smart ...

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