(07.09.2011) Today came the announcement of their first foray — the acquisition of Turkish oil company Genel Energy, a subsidary of Cukurova Holdings, owned by billionaire Mehmet Emin Karamehmet, the richest man in Turkey ($4 billion net worth at Forbes’ last reckoning). (…)
But the most significant partner is Sinopec. The Chinese giant is a relatively new partner for Genel.