(EnergyAsia, January 3 2012, Tuesday) — In the last two months of 2011, Chinese state-owned firms committed to more than US$10 billion in oil and gas projects in Canada, Brazil and Cameroon while selling off a small asset in Indonesia for US$212 million. Sinopec offered to invest a total of US$5.2 billion in Brazil’s offshore…
CHINA: Two state firms commit to over US$10 billion upstream deals in Canada, Brazil and Cameroon in last two months of 2011
Posted on January 3, 2012 by EnergyAsia