Sunday 12 July 2020
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rappler - 13 days ago

BP sells petrochemical arm to Ineos for $5 billion

LONDON, United Kingdom – British energy group BP , hit hard by the coronavirus pandemic slashing demand for oil, announced on Monday, June 29, the sale of its petrochemical business to privately-owned rival Ineos for $5 billion (4.4 billion euros). The agreed sale...will further strengthen BP s balance ...


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