Wednesday, February 27, 2013

Sinopec in US$1.02 bln shale gas deal with Chesapeake Energy Corp.

China Petrochemical Corp.(Sinopec) has closed a US$1.02 billion deal with Chesapeake Energy Corp. With this, the second- largest Chinese energy producer has acquired a stake in a shale


oilfield for lless than one-third of its estimated value.



For more details on Sinopec in US$1.02 bln shale gas deal with Chesapeake Energy Corp. click here

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