Joint Ventures in Crude Oil Refineries
An article that appeared on the reuter’s website on Sunday March 24 detailed that one of China’s largest largest oil refiners, Sinopec, will pay nearly 1.5 billion dollars for over seas gas and oil producing assets. Sinopec’s purchase of over overseas assets represents a restructuring of their asset structure. Resultantly, it is thought that Sinopec is… Continue reading Joint Ventures in Crude Oil Refineries