A general photo of oil fields in Alberta, Canada. Yanchang Petroleum International plans to raise the output of its existing fields in Canada to 10,000 barrels per day as part of a five-year plan. Photo: Handout A general photo of oil fields in Alberta, Canada. Yanchang Petroleum International plans to raise the output of its existing fields in Canada to 10,000 barrels per day as part of a five-year plan. Photo: Handout
A general photo of oil fields in Alberta, Canada. Yanchang Petroleum International plans to raise the output of its existing fields in Canada to 10,000 barrels per day as part of a five-year plan. Photo: Handout
Energy
Business /  China Business

Chinese oil firm hunts for overseas assets even as deal making falls to 10-year low amid stricter scrutiny

  • Chinese firms reach 14 deals so far this year, the lowest in the last 10 years
  • In terms of value, the US$2.36 billion concluded so far is the smallest in the last 11 years

Topic |   Energy
Eric Ng
Eric Ng

Updated: 8:31am, 11 Dec, 2018

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A general photo of oil fields in Alberta, Canada. Yanchang Petroleum International plans to raise the output of its existing fields in Canada to 10,000 barrels per day as part of a five-year plan. Photo: Handout A general photo of oil fields in Alberta, Canada. Yanchang Petroleum International plans to raise the output of its existing fields in Canada to 10,000 barrels per day as part of a five-year plan. Photo: Handout
A general photo of oil fields in Alberta, Canada. Yanchang Petroleum International plans to raise the output of its existing fields in Canada to 10,000 barrels per day as part of a five-year plan. Photo: Handout
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