Canada clears Chinese oil sands purchase
Applies stiff conditions to large stake by state-run PetroChina; makes clear Canada eager to allow 2-way trade, resource investment
For Petroleum News
The Canadian government is opening the door to investment in its energy and mining sector by Asia’s resource-hungry, state-run companies, but has left no doubt that the welcome mat does not constitute a free pass.
In approving PetroChina’s offer of C$1.9 billion for a 60 percent share of two Alberta....
[additional news subjects in this story]
Transaction seen as turnaround
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
circulation@PetroleumNews.com --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.