Deal of the month: Sinopec

Wee, Denise
May 2013
FinanceAsia;May2013, p1
The article focuses on the Sinopec, largest oil refiner in China and the second largest in the world in terms of refinery throughput. It states that company has bought assets from its parent company Sinopec Group, under the leadership of Fu Chengyu, who previously ran Cnooc Ltd., oil refinery. It further states that the company has formed a joint venture to buy 3 billion dollars of oil and gas assets in Russia, Kazakhstan and Colombia.


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