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CHINA-FINANCE-ECONOMY-OIL-ACQUISITIONS
To go with AFP story by Joelle Garrus: FINANCE-ECONOMY-CHINA-OIL-ACQUISITIONS
Drivers fuel up at a PetroChina gas station on June 28, 2009 in Beijing. Cash-rich and government-backed, Chinese oil companies are jostling with each other as they make record purchases overseas, seizing on the economic crisis and low assets as an opportunity to grow. Asia's largest refiner, Sinopec, acquired the Canadian company Addax Petroleum for 7.2 billion dollars in a deal announced on June 23, just days after PetroChina obtained a 45.51 percent stake in the Singapore Petroleum energy group. AFP PHOTO/Frederic J. BROWN
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Detalii fotografie |
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Beijing, 360, CHINA |
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| Sursa: |
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AFP / Mediafax Foto |
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| Fotograf: |
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Frederic J. BROWN |
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| Data: |
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28 Iunie 2009 |
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| Dimensiuni: |
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3299 x 2070 (1.08 MB) |
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