Chinese firms announce $5bn energy deal

  • US, Saudi, Chinese firms announce $5bn energy deal

    US, Saudi, Chinese firms announce $5bn energy deal

    Saturday, 31st March 2007
    US oil giant Exxon Mobil, Saudi Aramco, and Sinopec announced in China Friday two joint ventures worth about $5 billion to operate 750 service stations and a petrochemical refinery in China.