BEIJING (AFX-ASIA) – China National Petroleum Corp (CNPC), China’s largest oil group, signed an agreement in Algeria on Monday for oil exploration in two blocks awarded by the Algerian government, the official Xinhua news agency reported, without citing sources. It said CNPC, the parent of Hong Kong-listed PetroChina Co Ltd (HK 0857), plans to spend…
CHINA: CNPC to invest US$31 million in oil exploration in Algeria Ð Xinhua
Posted on December 29, 2003 by EnergyAsia