Reuters reveals PetroChina may sell Australian, Canadian assets to stem losseson June 28, 2022 at 5:54 am

Reuters exclusively reported that PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert funds to more lucrative sites in the Middle East, Africa and central Asia. PetroChina’s plan follows a similar strategic shift by smaller state peer CNOOC Ltd, which was preparing to exit its operations in Britain, Canada and the United States because of concerns the assets could become subject to Western sanctions. 

The post Reuters reveals PetroChina may sell Australian, Canadian assets to stem losses appeared first on Reuters News Agency.

Some of the links in this article are "affiliate links", a link with a special tracking code. This means if you click on an affiliate link and purchase the item, we will receive an affiliate commission. The price of the item is the same whether it is an affiliate link or not. Regardless, we only recommend products or services we believe will add value to our readers. By using the affiliate links, you are helping support our Website, and we genuinely appreciate your support.

Comments are closed.

Powered by WordPress.com.

Up ↑

Expat Life-Off Trek Asia
%d bloggers like this: