BP Sells Stake in China Petrochemical Venture to Sinopec for $1.7 Bn
BP has agreed to sell its 50 percent stake in the Shanghai SECCO Petrochemical Company to a subsidiary of its joint venture partner Sinopec for $1.68 billion, the British oil major said.
By : Reuters l Reporting by Karolin Schaps l Editing by David Goodman | May 04, 2017