Sinopec forays into American shale- pays US$2.2 bln for one-third stake in five emerging oil fields

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Source: www.plastemart.com --- Friday, January 06, 2012
China Petrochemical Corp (Sinopec) has forayed into American shale with payment of US$2.2 billion for a one-third stake in five emerging Oil fields operated by Devon Energy Corp., as per Shanghai Daily. This is the latest effort by Chinese companies ...... ...

Source: http://www.plastemart.com/plastic-facts-information.asp?news_id=21292&news=Sinopec-forays-into-American-shale-pays-US22-bln-for-onethird-stake-in-five-emerging-oil-fields

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