Sinopec Group’s Overseas Equity Oil and Gas Output Surges 24.02 Percent

Fox Business reported that Sinopec Group’s overseas equity oil and gas output surged 24.02 percent.

As quoted in the market news:

Sinopec International Petroleum Exploration & Production Corp. holds most of Sinopec Group’s overseas assets, including a recent 33% investment in five shale blocks owned by U.S.-based Devon Energy Corp. (DVN), the 100% acquisition of Canada’s Daylight Energy Ltd. and a 40% stake in Repsol S.A.’s (REP.MC) Brazilian assets.

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