No 5: China Petrochemical Corp acquired 33 percent oil and gas business of Apache Corp
Sinopec International Petroleum Exploration & Production Corp, unit of Chinese State-owned China Petrochemical Corp, acquired a 33 percent stake in the Egypt oil and gas business of Apache Corp, for $2.95 billion. Apache Corporation is an American independent oil and gas corporation. It is headquartered in Houston, Texas.
Acquirer: China Petrochemical Corp
Target: Oil and gas business of Apache Corp
Value: $2.95 billion
|
 |
|
A China Shipping Line container ship crosses the Suez canal near Ismailia port city, northeast of Cairo May 1, 2014. Egypt has extended the bidding deadline to July 3 in an international auction of 22 concessions for oil and gas exploration. [Photo/IC] |
 |
 |
 |
| Top 10 most competitive countries and regions | Top 10 most popular China cities for migrants | Top 10 regions with highest GDP in China |
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
