19 Jun, 2013
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Friday, July 27, 2012 - 15:30 IST
China is surging ahead in overseas oil deals, where does India stand?
BY TEAM VCC
India has to take some bold steps for securing its oil future even if that requires an aggressive M&A play.
On Monday, China National Offshore Oil Company (CNOOC), China’s foreign investment arm in the energy sector, surprised the oil world with its announcement to buy out Canadian oil company Nexen Inc for $15.1 billion in a friendly deal,...
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