FILE PHOTO: A pumpjack is seen at the Sinopec-operated Shengli oil field in Dongying, Shandong province, China January 12, 2017. REUTERS/Chen Aizhu
BEIJING - Asia’s top refiner China Petroleum & Chemical Corp, or Sinopec, said the coronavirus outbreak has had a severe impact on first quarter production and operations. The company, which will trim 2020 capital expenditure by 2.5%, was making a detailed plan to reduce capex and would report this in April during first-quarter earnings, a company official said during a conference call on Monday.
Ya think?
Seriously, Reuters?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China readies stimulus measures as local virus cases dwindleChina's authorities plan stronger steps to revive an economy hit by the spread of coronavirus, as the nation on Saturday reported no new locally transmitted infections for the previous day. 🧐不都清零了吗？ Air pollution drops as road traffic declines in Europe Latest updates 👇 Corona Covid_19 Italy surpasses number of Coronavirus than China. Latest updates 👇 Corona COVID
Source: Reuters - 🏆 2. / 97 Read more »
China sends medical aid to Pakistan to combat virus outbreakPakistan's foreign ministry says that China has sent a plane loaded with medical personnel and supplies to help with the fight against the spread of the coronavirus in the nation of 220 million people. The least they can do for destroying the world The old 'feeling guilty' help...👍 Best of luck then
Source: AP - 🏆 728. / 51 Read more »
Coronavirus live updates: China reports 45 new cases, of which 44 were 'imported'In total, China has had 81,439 reported COVID-19 cases and 3,300 deaths. Were they really imported if it originated there? 🤔 Wooowwwww looks who’s finally coming around. CNBC finally growing a pair.
Source: CNBC - 🏆 12. / 72 Read more »
China reports smaller number of new daily coronavirus casesChina reported 45 new coronavirus cases in the mainland for March 28, down from 54 on the previous day, with all but one involving travelers from overseas, the country's health authority said on Sunday. I wouldnt blv what they say! if it isn't true, then why do u think China is helping other country
Source: Reuters - 🏆 2. / 97 Read more »
China goes back to workWhen China went into lockdown economists thought that its growth trajectory would be v-shaped Can we talk about this stock picture for a second? Is that their lunch break? WTF China? The New York Times is really a veteran of double standards. When China does not close the city, they denounce China's improper response; when China closes the city, they denounce China's lack of human rights; when Italy slowly closes the city, they praise Italy's strong response. Now they know it's trajectory will be pear shaped.
Source: TheEconomist - 🏆 6. / 92 Read more »