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About: CITIC Resources     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SocialGroup107950920, within Data Space : dbpedia.org associated with source document(s)

Type: Thingcompanyschema:Organizationdul:Agentdul:SocialPersonagentwikidata:Q24229398OrganizationBusiness enterpriseyago:WikicatCoalCompaniesOfChinayago:WikicatCompaniesEstablishedIn1997yago:WikicatCompaniesListedOnTheHongKongStockExchangeyago:WikicatMetalCompaniesOfChinayago:WikicatOilCompaniesOfChinayago:Abstraction100002137yago:Company108058098yago:Group100031264yago:Institution108053576yago:OilCompany108069241yago:Organization108008335yago:WikicatGovernment-ownedCompaniesOfChinayago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityorganisationyago:SocialGroup107950920 New Facet based on Instances of this Class

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. 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.