China heads to South America in global energy 'scramble'
Shanghai (AFP) Oct 22, 2013 -
China's global hunt for crucial energy supplies is taking it into
America's backyard, with two Chinese state firms winning production
rights to a multi-billion-barrel deepwater oilfield off Brazil.
China National Petroleum Corp. (CNPC) and China National Offshore Oil
Corp.(CNOOC) each took a 10 percent stake in Brazil's "Libra" field,
alongside three other companies, at an auction on Monday. ...
morehttp://www.oilgasdaily.com/reports/China_heads_to_South_America_in_global_energy_scramble_999.html
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