Oil Investing News » Deals, delays as China Oil Majors have looked Overseas

Deals, delays as China Oil Majors have looked Overseas

May 25, 2009 @ 4:20 am In Oil Company News

Asia's leading oil and gas producer, PetroChina declared that it would purchase a 45.5 percent stake in Singapore Petroleum Company for $1.02 billion, its first overseas acquisition of a public company.

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[1] here: http://in.reuters.com/article/oilRpt/idINSP33563820090525