Articles Tagged "Sinopec"

Sinopec raised Canadian Oil sand stake to 50%

Sinopec, China’s leading oil producer, has just purchased a further 10% equity stake in the Canadian oil sand project ‘Northern Light’ from Total, making its stake in the project an equal 50/50 split with Total. For full story, click here

Sinopec to buy Tanganyika in Bid for Syrian Oil

Sinopec International Petroleum Exploration and Production a wholly owned subsidiary of China Petrochemical, plans to buy Calgary based Tanganyika Oil in a deal which is estimated to be worth around $1.9 bn. For full story, click here