China's Sinopec buys first major refinery in Africa from Chevron - News Summed Up

China's Sinopec buys first major refinery in Africa from Chevron


Translated by Google Translator: Translated by Google Translator:BEIJING (March 22): China's Sinopec will pay almost US$1 billion for a 75% stake in Chevron Corp's South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies announced on Wednesday. China Petroleum and Chemical Corp, or Sinopec, Asia's largest oil


Source: The Edge Markets March 22, 2017 13:07 UTC



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