ABU DHABI/WAM Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, announced the ...
Read More »Sinopec plans to spin off wrong unit
Shareholders in China Petroleum & Chemical Corp, the giant oil refiner known as Sinopec, have little to complain about this year. Thanks to excitement around the planned spinoff of its pipelines and marketing businesses and better margins in a time of weaker crude prices, the shares are up 38 percent this year. After announcing a record half-year profit over the ...
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