(EnergyAsia, January 10 2012, Tuesday) — China Petrochemical Corp, or Sinopec Group, said it is targeting to more than double its equity oil output from overseas projects to over one million b/d by 2015 from 2011 while another state firm, Sinochem, said it is buying a 10% stake in five deepwater blocks in Brazil. Sinopec…
CHINA: Sinopec aims to boost overseas equity oil output to over 1 million b/d, Sinochem invests in Brazil
Posted on January 10, 2012 by EnergyAsia