China Petroleum & Chemical Corp. (ADR) (NYSE:SNP)
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The Company currently explores for, develop and produce crude oil and natural gas in a number of areas across China.
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The Company currently explores for, develop and produce crude oil and natural gas in a number of areas across China.
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China's expansion will continue to increase the oil demand for at least the next 100 years. There is going to be no quick world wide solution to oil dependency and the Chinese are as aggressive about oil expansion as any other industrialized nation.