China's CNOOC to buy half of Argentine oil firm

May 2010
MarketWatch: Energy;May2010, Vol. 9 Issue 5, p7
Market Research Report
Market Research Report
The article reports on the increase participation of Chinese oil companies in global oil and gas (O&G) explorations. It mentions that motivated by the growing demand for oil consumption for 2010-2015, the country ensures an ongoing access to O&G reserves by investing in upstream operations across geographies. It notes that Western O&G companies shows willingness to for a joint ventures with Chinese firms.


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