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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.
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.'
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.
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.
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.
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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