Sinopec invests heavily in Canadian oil and gas company
Source: Internet
Author: User
KeywordsSmall Canadian ascending Sinopec
Shares of Sinopec H-shares, which are trading at a slightly higher 0.34% to HK $5.85 this morning, have traded 59.12 million shares. China petrochemical A shares (600028-CN) is now a small drop of 0.59% to 10.15 yuan. Sinopec is preparing to bid for the Canadian oil and gas company Addax Petroleum Corp. (AXC) at a price of up to 8 billion dollars, according to the South China Morning Post's latest quoted source. T). Earlier, Shulin, chairman of the company, had expressed interest in overseas acquisitions. and the international oil price, because of investors to the U.S. government's report on employment concerns, so that oil prices hit a seven-month high above the 70 dollar drop; New York Mercantile Futures Exchange July crude oil futures Friday settlement price lower 0.37 U.S. dollars or 0.54%, reported 68.44 U.S. dollars
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