Sinopec's Addax move gets Beijing nod

Addax chief: Jean Claude Gandur

Sinopec has been given official approval by the Chinese government to complete a reported $7.2 billion acquisition of Swiss-headquartered player Addax Petroleum.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login