CGC completed the acquisition of Argentinian oil assets from Sinopec.

Compañía General de Combustibles, a hydrocarbons exploration and production company, completed the acquisition of Argentinian oil assets from Sinopec, a Chinese oil and gas enterprise. Financial terms were not disclosed. "We are glad of this new growth milestone is reached in Santa Cruz, a province that we feel to be a part of where CGC has been active in for almost 30 years," Hugo Ernekian, CGC President and CEO.