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View Full Version : Sinopec Group Pays ‘Very High’ Premium for Brazil Oil Reserves



NewsWhore
10-03-2010, 01:50 PM
Oct. 4 (Bloomberg) -- China Petrochemical Corp. is paying a premium to take a stake in Repsol YPF SA’s Brazilian unit, betting that Latin American offshore oil reserves will help meet demand in ...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/39194232/)