Sinopec unit buys North Sea crude oil

Chinese oil companies are becoming more active in the international crude trading market, rather than just acquiring the fuel for domestic use.

China's top oil refiner, Sinopec Group, has purchased crude from the Forties oil field, the largest field in the North Sea, the Financial Times has reported.

The purchase was carried out by subsidiary China International United Petroleum & Chemicals Co, known as Unipec, said the report.