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Stock Market & Financial Investment News

News Breaks
January 9, 2013
11:38 EDTRDS.A, SHI, CVX, XOMSinopec looks to buy oil & gas assets from parent, WSJ says
China Petroleum & Chemical or Sinopec (SHI) is in talks to acquire oil and gas assets from its state-owned parent, China Petrochemical Corp with the goal of putting Sinopec on par with integrated global energy companies such as Exxon Mobil ( XOM), Chevron (CVX) and Royal Dutch Shell (RDS.A), says the Wall Street Journal. Reference Link
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