20 Feb China’s CNPC buys $1.8 billion stake in Abu Dhabi oil field
The China National Petroleum Corporation (CNPC) has acquired an 8% share in an Abu Dhabi onshore oil concession, in a deal worth around US$1.8 billion. The operators of the 40-year concession, Abu Dhabi National Oil Company (ADNOC) announced the deal after an agreement was signed by...