China Energy Update 8/3

CNOOC-Nexen deal seen helping China's South China Sea thrust Reuters The acquisition of Nexen (NXY.TO) -- which faces reviews by both the Canadian and U.S. governments -- will not be an instant game changer, however, because deepwater technology will take years for China to master, say experts on China's energy sector.
Endgame looms for Sinopec, ENN's $2.2 billion China Gas bid Reuters HK) and ENN Energy Holdings are finding the odds increasingly stacked against them in their $2.2 billion bid for China Gas Holdings (0384.HK) as regulatory hurdles remain uncrossed and key shareholders of the target company place new obstacles in their ... See all stories on this topic »
China: Google's Android Leads the Smartphone Market; Olympic Badminton ... Minyanville.com Sinopec and ENN Energy's $2.2 billion bid for China Gas was announced in December, but it still has not received anti-monopoly approval from China's Ministry of Commerce, or MOFCOM. The regulatory approval was one of the preconditions laid out in the ...
Does Canada need an energy champion? Equities.com It's not a strategy peculiar to China. Across the world, major oil-producing countries beef up and are biased toward domestic producers even if they allow foreign players to enter the market. Leaving OPEC producers aside, even the Western energy-producing ...
Argentina looks to China to fund shale oil UPI.com BUENOS, Argentina, Aug. 3 (UPI) -- Frustrated in its attempts to draw Western investors into Spanish oil company YPF it nationalized in April, Argentina is looking to China to fund its future plans to produce shale oil and natural gas. Argentina ranks behind the ...
Cnooc Ltd: Unit Signs Pact on Clean Energy Development Fox Business ... China's largest offshore oil producer, said Friday its wholly owned unit signed an agreement with China United Coalbed Methane Corporation Ltd, or CUCBM, on exploration, development, production and sale of coalbed methane, a type of clean energy ...
Hawaii's Kahuku Wind Farm Is An Industry Pioneer, Despite Fire Setback Huffington Post A picture taken on November 5, 2009 shows cars and people passing near wind power turbines in Dali, in the China's southwestern Yunnan province. In energy-hungry China's southwestern Yunnan province, power is being produced at wind farms, dams ...
China Seeks New Technology in Oil Deal Voice of America This is just the latest in a series of Chinese foreign investments that are helping fuel China's rapid economic growth and increasing energy supplies. But the latest Chinese move is raising concerns in the U.S. Congress. Tar sands projects run by Nexen are ...
China may buy Canadian oil — thanks to Obama Baltimore Sun When President Barack Obama blocked the Keystone XL pipeline, Republicans said the move would encourage Canada to pursue oil deals with China instead of the United States and cede a massive chunk of North American oil assets to the communist ...		RealClearEnergy - China's Overseas Energy Investments Last week's bid of $15 billion by the China National Offshore Oil Corporation for Nexen, Inc., the Canadian shale oil developer, has prompted the Heritage ... www.realclearenergy.org/.../chinas_overseas_energy_investme...