CITIC_Resources

CITIC Resources

CITIC Resources

Add article description

CITIC Resources Holdings Limited (Chinese: 中信资源控股有限公司; pinyin: Zhōngxìn Zīyuán Kònggǔ Yǒuxiàn Gōngsī), a subsidiary of CITIC Group in China, is an integrated provider of natural resources (including petroleum, coal, metals) particularly petroleum business.[1]

Quick Facts Company type, Traded as ...

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

  1. [1]
    "Corporate Profile of CITIC Resources Holdings Limited". Archived from the original on 2008-03-20. Retrieved 2008-05-17.
  2. [2]
    Citic Resources to buy oil fields from parent company
Stub icon

This article about a natural gas or petroleum-related company is a stub. You can help Wikipedia by expanding it.

Stub icon

This article about a coal-related corporation or company is a stub. You can help Wikipedia by expanding it.
Share this article:

This article uses material from the Wikipedia article CITIC_Resources, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.