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Is China's Big Oil Bet Going Bust?
2015-04-10 15:57:38| Oil & Gas - Topix.net
No pain, no gain, they say, but after betting big on Canada's energy industry, Chinese oil companies have suffered plenty of pain without any commensurate gain. Their wager is going bust, and PetroChina , the Chinese government-owned oil giant, is angling to exit Canada's oil sands market by swapping assets with international industry players.
Tags: big
oil
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Category:Energy and Environment
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