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Sunday 13 July 2025
Last Updated : GMT 09:40:38
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Sinochem

China's Sinochem may sell 40% stake in Brazil's Peregrino oilfield

Themuslimchronicle, themuslimchronicleChina's Sinochem may sell 40% stake in Brazil's Peregrino oilfield242985/85
Singapore - Arab Today
China's Sinochem is exploring the sale of its 40 per cent stake in Brazil's Peregrino offshore oilfield, four people familiar with the matter told Reuters, a deal that could see the state-owned conglomerate walk away what was once touted as a key overseas asset because of historically low oil prices. The oil and chemicals firm agreed to buy the stakeRead more

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