sinopec file on repsol

Repsol

Sinopec Files 5.5 Bn Dollars Arbitration Notice Against Repsol

Repsol has doubled its recurrent synergies from 220 million dollars annually to 400, thanks to its purchase of Canadian oil firm Talisman. But the transaction has also resulted in a 5.5 billion dollars arbitration notice being served against it by the Chinese company Sinopec.