29.05.2010, 18:19
<!-- m --><a class="postlink" href="http://www.businessinsider.com/20-oil-projects-now-owned-by-china-2010-5">http://www.businessinsider.com/20-oil-p ... ina-2010-5</a><!-- m -->
Zitat:Meanwhile, Here Are 20 Signs That China Is Cornering The Global Oil Market<!-- m --><a class="postlink" href="http://www.chinadaily.com.cn/photo/2010-01/23/content_9366573.htm">http://www.chinadaily.com.cn/photo/2010 ... 366573.htm</a><!-- m -->
$1.3 billion to buy 45% percent of an Alberta project
Deal signed May 2010: China Investment Corp. paid $817 million to take a 45% share of a Penn West Energy Trust project, worth up to 50,000 barrels per day. They also paid $435 million for a 5% stake of Penn West, according to Globe And Mail.
Background: Canada has the world's second largest oil reserves, with relatively minuscule production. It needs foreign capital to fund major new developments in the Alberta Oil Sands, which include shale oil projects.
Gus Lubin and Gregory White | May 28, 2010, 9:54 AM
Read more: <!-- m --><a class="postlink" href="http://www.businessinsider.com/20-oil-projects-now-owned-by-china-2010-5#ixzz0pKtcrFqB">http://www.businessinsider.com/20-oil-p ... z0pKtcrFqB</a><!-- m -->
Zitat:China's largest oil tanker delivered in Guangzhou
(chinadaily.com.cn)
Updated: 2010-01-23 10:36
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