Petrobras has signed agreement with China Development Bank
State-controlled Petrobras declared that it has signed a deal with China Development Bank through which it will receive a 10-year loan worth $10bn. For full story, click here
State-controlled Petrobras declared that it has signed a deal with China Development Bank through which it will receive a 10-year loan worth $10bn. For full story, click here
Sinopec, China’s leading oil producer, has just purchased a further 10% equity stake in the Canadian oil sand project ‘Northern Light’ from Total, making its stake in the project an equal 50/50 split with Total. For full story, click here
Sinopec International Petroleum Exploration and Production a wholly owned subsidiary of China Petrochemical, plans to buy Calgary based Tanganyika Oil in a deal which is estimated to be worth around $1.9 bn. For full story, click here
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