Agence France-Presse reports on talks over a possible takeover by the Chinese oil company China National Offshore Oil Corporation (CNOOC):
Chinese oil giant CNOOC is in talks with Canadian-based Talisman Energy over a possible takeover deal, a report in Hong Kong said Monday.
CNOOC, China’s third largest oil company, is in discussions that could lead to asset sales or a complete takeover, the South China Morning Post said citing unnamed sources.
