China’s CNOOC sells US assets to Britain’s INEOS
BEIJING (Reuters) – China’s CNOOC Ltd has sold its U.S. subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday. The Chinese oil and gas major said CNOOC Energy Holdings U.S.A. entered into a sales agreement with a…