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>> PETROLEUM Latest News

FEB 25, 2013 - Reuters

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Sinopec to buy stake in Chesapeake assets for $1.02 billion

(Reuters) - China Petroleum & Chemical Corp (Sinopec) , Asia's largest oil refiner, will buy a 50 percent stake in Chesapeake Energy Corp's Mississippi Lime oil and gas properties in Oklahoma and Kansas for $1.02 billion, a Sinopec source said.

Tags: Sinopec to buy stake in Chesapeake assets for $1.02 billion,  Petroleum Latest News