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China Is Close to Oil Deal in Gulf of Mexico

Shanghai : China | about 1 month ago  
Views: 51
Trying to acquire a foothold in the American oil patch, a Chinese company is closing in on a deal to buy stakes in a few drilling leases in the Gulf of Mexico from a Norwegian company, an executive close to the talks said. The prospective purchase would not do much to quench China ’s huge and growing thirst...
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  • News Source: The New York Times | about 1 month ago
    Trying to acquire a foothold in the American oil patch, a Chinese company is closing in on a deal to buy stakes in a few drilling leases in the Gulf of Mexico from a Norwegian company, an executive close to the talks said. The prospective purchase...
  • News Source: Asian Wall Street Journal | about 1 month ago
    Norway's StatoilHydro ASA over a deal that would open the U.S. Gulf of Mexico to China's oil companies for the first time, a person familiar with the matter said. The move is significant as Cnooc's aborted $18.5 billion bid for California-based...
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