(EnergyAsia, December 15) — Hong Kong-listed red-chip conglomerate China Resources Enterprise (CRE) is disposing all of its interests in petroleum and chemicals to Sinopec Corp for 98 million yuan and expects to reap a 67 million yuan gain, reported the Hong Kong Standard newspaper. (US$1 = 8.07 yuan). Its main oil assets include 19…
CHINA: China Resources Enterprise divests its oil and chemical interests to Sinopec Corp
Posted on December 15, 2005 by EnergyAsia