China's Sinochem eyes Africa in oil hunt 
Deepa Babington

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http://www.businessday.co.za/articles/world.aspx?ID=BD4A189800
Reuters

DOHA - China's fourth-largest oil firm, Sinochem, plans to aggressively expand its production base by scooping up assets in Africa, backed by its view that oil prices will remain high, a top executive says.