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Sinopec Opens First Australian Petrol Station
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Sinopec Opens First Australian Petrol Station
Chinese state-owned oil company Sinopec has opened its first petrol station in Australia, located in Frankston, a suburb in outer eastern Melbourne. The company stated that this opening is part of an investment push into renewable energy and energy retailing within Australia. Sinopec is the world’s second-largest oil refiner. Its most notable investment in Australia has been its 25 per cent stake in Origin Energy’s Australia Pacific LNG venture …
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