Industrialized Cyclist Notepad


Even more North American energy security
December 14, 2012, 17:21
Filed under: Uncategorized | Tags: , , , , , , ,

PetroChina Co. (857) agreed to pay Encana Corp. (ECA) C$1.18 billion ($1.2 billion) for a 49.9 percent stake in an Alberta shale formation as Asia’s biggest oil producer steps up acquisitions of overseas oil and gas assets.

via PetroChina Pays $1.2 Billion to Form Encana Joint Venture – Bloomberg.



North American Energy Security
November 12, 2012, 00:23
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BEIJING- The chairman of China’s CNOOC Ltd. said Friday that he was confident that the state-controlled oil giant’s proposed $15.1 billion buyout of Canada’s Nexen Inc. would be completed by the end of the year. 

via RIGZONE – CNOOC Chairman: Confident Nexen Deal Will Be Completed by Year-End.



China’s Sinopec eyes Chesapeake shale gas assets in Oklahoma

All part of America’s new ‘energy security.’

Fu Chengyu, chairman of Sinopec Corp, was in Oklahoma last week to explore the possibility of a bid for a shale gas project, which is owned by Chesapeake Energy, the second largest shale gas producer in the US, Reuters reported.

via China's Sinopec eyes shale gas assets in US | China Economic Review.




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