Thursday, August 2, 2012

Economy - Voice of America: China Seeks New Technology in Oil Deal

Economy - Voice of America
economy-and-business
China Seeks New Technology in Oil Deal
Aug 2nd 2012, 19:42

WASHINGTON — A major Chinese government-owned oil company's effort to buy a Canadian company could help Beijing get the new technology needed to exploit the largest shale gas deposits in the world.  This is just the latest in a series of Chinese foreign investments that are helping fuel China's rapid economic growth and increasing energy supplies.  But the latest Chinese move is raising concerns in the U.S. Congress. Tar sands projects run by Nexen are one reason the Canadian oil ...

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