(EnergyAsia, November 21, Friday) — Chinese state oil major PetroChina is keeping an eye out on opportunities to buy energy companies and assets abroad on the cheap in the wake of the current credit and financial crises around the world. The cost of such assets has fallen sharply as companies are struggling to raise capital…
CHINA: PetroChina hopes to scoop up cheap oil assets amid financial turmoil
Posted on November 20, 2008 by EnergyAsia