Sinopec to Buy Galp’s Offshore Asset in Brazil for USD 3.5 Billion

Chinese state-owned oil company Sinopec Group said on Friday it had agreed to pay $3.54 billion to Portuguese oil firm Galp Energia for a…

By Judy Hua, Wan Xu and Ken Wills (Reuters)

[mappress]
Source: Reuters, November 11, 2011