China Petrochemical Corp., the country’s second-biggest oil company, agreed to purchase Swiss explorer Addax Petroleum for $7.3 billion in cash to tap oil reserves in Iraq’s Kurdish region and Africa. For full story, click here
Continue reading "Sinopec Group has agreed to purchase Addax for $7.3 bln"
The Crude Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Wednesday, June 24, 2009