CITIC Resources

CITIC Resources Holdings Limited
中信资源控股有限公司
Company typeState-owned enterprise (Red chip)
Traded as
SEHK: 1205
IndustryNatural resources
Founded1997
Headquarters
Hong Kong
Area served
People's Republic of China
Key people
Mi Zengxin (Chairman)
ParentCITIC
Websiteresources.citic

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]

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

External links

  • flagChina portal
  • iconEnergy portal
  • Companies portal
  • Official website
  • v
  • t
  • e
China Oil and gas in China
Oil and gas majors
(Upstream/Downstream)
Big 3
Major listed arms
Oil
(Upstream)
Natural gas
Upstream
Coalbed methane
Downstream
Drilling services
Rig operators
Drilling equipment
EPC
Refineries
  • v
  • t
  • e
Central government owned
Regional government owned
Shanxi
Other
Privately owned
Coal companies of China
  • v
  • t
  • e
China Metal companies of China
Metal companies of China
Stub icon

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

  • v
  • t
  • e
Stub icon

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

  • v
  • t
  • e