Reuters has a lengthy and detailed account of “China’s largest foreign acquisition in...
by Sophie Beach | Sep 6, 2011
Chinese oil company CNOOC has watched its share price fall following a growing controversy over an oil spill in the Bohai Gulf. From the Los Angeles Times blog: Shares were down 2.1% in midday trading in Hong Kong after falling...
by Sophie Beach | Oct 11, 2010
Reuters reports: China’s top offshore oil producer, CNOOC Ltd (0883.HK), will pay $1.1 billion for a stake in a U.S. shale oil and gas field, testing the U.S. political climate for the first time since its 2005 failed bid...
by Sophie Beach | Oct 22, 2009
After being rebuffed by U.S. Congress in a previous bid, China National Offshore Oil Corp., or CNOOC, is trying to drill for oil in U.S. waters in the Gulf of Mexico. The Los Angeles Times reports: China’s push to enter...
by Sophie Beach | Oct 1, 2009
Despite recent setbacks, China is persevering in its efforts to secure major oil deals in Africa. From the Wall Street Journal: China state-owned CNOOC Ltd. (CEO) has become the latest company to enter talks with Uganda over a...
by jwu | Sep 16, 2008
Taiwan and China will move forward with economic integration through a CPC-CNOOC joint oil exploration in the Diaoyu Islands. From Ta Kung Pao (Hong Kong), via RedOrbit: A few days ago two major energy enterprises in the...
by Paulina Hartono | May 27, 2008
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...
by Mo Ming | Aug 7, 2006
From New Economist: China is emerging as a global investor, as numerous cross-border M&A deals attest. Andreas Lunding of Deutsche Bank explores the isues in a new research report, Global champions in waiting: Perspectives on China’s overseas direct investment. Here is the summary: A recent string of high-profile cross-border merger and acquisition deals involving Chinese […]
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