Sinopec agrees $1.5bn Angola oil field stake deal

China Petrochemical Corporation, also known as Sinopec, has agreed a deal to buy US firm Marathon Oil Corporations's stake in an Angolan oil and gas field. Under the terms of the deal, Sinpoec will pay $1.52bn (£985m) for Marathon's 10% stake in the field. via Pocket http://www.bbc.co.uk/news/business-23041909#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa