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CITIC Resources

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CITIC Resources Holdings Limited
中信资源控股有限公司
Company typeState-owned enterprise (Red chip)
SEHK1205
IndustryNatural resources
Founded1997
Headquarters
Area served
People's Republic of China
Key people
Mi Zengxin (Chairman)
Parent CITIC
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 US1ドル.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

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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
Central government owned
Regional government owned
Shanxi
Other
Privately owned
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