News
18 May 2020

Sinopec 'appoints new oil trading chief amid 2018 loss probe'

In:
Oil & gas
Region:
Asia-Pacific

China’s Sinopec has appointed Chen Gang, acting president of its trading arm Unipec, as the new managing director of the unit, sources said.He replaces former president Chen Bo, who was suspended in 2018 after Unipec incurred record derivatives trading losses that are the subject of an...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
26 August 2026

ECAs in Asia: Exploring frictions holding up ECA support

Ahead of Asia 2026, TXF gathered a handful of ECAs to outline why international ECA support still struggles to land in Asia — and where it is starting to work.

Perspective
28 August 2026

The export finance players that broke through

TXF’s export finance data for the first half of 2026 include several banks and ECAs that really upped their games. The key driver of success has been increasing commitments to...