(EnergyAsia, February 27) — Ivanhoe Energy Inc and CITIC Resources, a subsidiary of China’s CITIC Group, said that CITIC Resources will convert its 40% working interest in the Kongnan Project in China’s Dagang oilfield into shares of Ivanhoe Energy.   CITIC, formerly China International Trust & Investment Corporation, will pay a total of US$27,386,135, comprising…

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