(EnergyAsia, June 24 2011, Friday) — PetroChina may have just learnt to say “no” to overpaying for oil and gas assets abroad.This week, a subsidiary, PetroChina International Investment Company, decided to pack up after failing to complete a proposed C$5.4 billion joint venture with Canada’s Encana Corporation on large shale and natural gas resources in…
CHINA: PetroChina walks away from proposed C$5.4 billion shale gas venture in Canada
Posted on June 24, 2011 by EnergyAsia