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China oil firm takes $3.1B stake in SAmerican firm (AP)

March 14, 2010 by admin · Leave a Comment 

AP - Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine energy firm, helping to expand China’s access to natural resources in South America.

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China oil firm takes $3.1B stake in SAmerican firm
(AP)

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