(EnergyAsia, August 8) — The same week that the US moved against a Chinese attempt to buy over California-based Unocal, an American firm, Kinder Morgan, bought over Canada’s Terasen Inc. CNOOC gave up its US$18.5 pursuit of Unocal in the face of strong US opposition, allowing Chevron to complete the take over for US$17 billion….
CHINA: Competition for oil sands as US Kinder Morgan buys over Canada’s Terasen
Posted on August 8, 2005 by EnergyAsia