Chinese energy firm Sinopec Group cancels £380m investment in Russia due to Ukraine sanction fears - Daily Mail

Chinese energy firm Sinopec Group pulled £380million investment after realising a company they were working with had long-term Putin ally Gennady Timchenko, 69, (pictured) on its board.

A Chinese state oil and gas company has pulled half a billion worth of investment from Russia in a bid to avoid Western sanctions. Sinopec Group, formerly China Petroleum and Chemical Corp, has susp… [+6667 chars]

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