Cnooc, China's top offshore oil explorer, said on Sunday that it had secured a South American beachhead by agreeing to pay $3.1 billion in cash for a stake in one of the largest Argentine oil explorers, with fields in Argentina, Bolivia and Chile.
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Published News
Deal for Oil Fields Extends China’s Quest for Energy (New York Times)
Posted by admin 4 hours ago (http://us.rd.yahoo.com)Meet Jorge Ramirez, a Shah Rukh fan in the Andes (New Kerala)
Posted by admin 6 hours ago (http://us.rd.yahoo.com)
By Viral Shah, La Paz (Bolivia), March 15 : Jorge Ramirez seemed like an amiable technician-turned cab owner who might be meeting an Indian for the first time in his life.
, March 15 (IANS) Jorge Ramirez seemed like an amiable technician-turned cab owner who might be meeting an Indian for the first time in his life. 'From India?' he asked and before I could answer yes, he added, 'Shah Rukh Khan?' Before I could answer even that, he popped in a CD in his cab's player that belted out 'Kabhi Khushi Kabhie Gham.'
Cnooc Buys Bridas Stake for $3.1 Billion to Gain Oil (Update1) (Bloomberg)
Posted by admin 8 hours ago (http://us.rd.yahoo.com)
March 15 (Bloomberg) -- Cnooc Ltd., China’s biggest offshore oil explorer, agreed to buy a 50 percent stake in Argentine producer Bridas Corp. for $3.1 billion to meet demand in the world’s fastest-growing major economy.
Cnooc Says $3.1 Billion Bridas Deal to Boost Global Expansion (Bloomberg)
Posted by admin 8 hours ago (http://us.rd.yahoo.com)
March 15 (Bloomberg) -- Cnooc Ltd., China’s biggest offshore oil explorer, said its proposed acquisition of a 50 percent stake in Argentine producer Bridas Corp. for $3.1 billion will accelerate the company’s overseas expansion.
Argentina's Bridas Confirms Joint Venture With CNOOC (Fox News)
Posted by admin 12 hours ago (http://us.rd.yahoo.com)
Argentina's Bridas Confirms Joint Venture With CNOOC
Cnooc, Bridas in $3.1 Billion Joint Venture (TheStreet.com)
Posted by admin 15 hours ago (http://us.rd.yahoo.com)
Chinese state-owned oil company Cnooc says it's paying $3.1 billion to form a joint venture with a unit of Argentina's Bridas Energy Holdings.
Bolivia drops bid to host Miss Universe contest (KCEN-TV Temple)
Posted by admin 15 hours ago (http://us.rd.yahoo.com)
LA PAZ, Bolivia (AP) - Bolivia is dropping its bid to host the Miss Universe pageant because it would cost more than anticipated. President Evo Morales has lobbied foreign leaders to help him bring the glamorous contest to the impoverished South American nation.
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