Sinopec in $1bn Chevron Africa deal

Chinese giant takes large stake in supermajor's downstream assets in South Africa and Botswana

Downstream deal: for Sinopec in Africa with Chevron stake purchase. AFP PHOTO/TEH ENG KOON

Reuters

China Chevron Sinopec South Africa Durban

Published 21 March 2017, 23:00Updated 6 April 2018, 10:18