(EnergyAsia, October 28 2013, Monday) — The jury is still out on the wisdom of Chinese state-owned companies’ push into Canada’s oil sector with CNOOC Ltd responding to its critics with a surge in third quarter production and sales revenue while Sinopec is reportedly looking to reduce its presence to focus on profitability. Both companies,…
CHINA: CNOOC’s 3Q crude output and sales surged on Nexen’s inclusion, Sinopec to reduce Canadian presence
Posted on October 28, 2013 by EnergyAsia