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
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
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