China downplays interest in stake of Repsol/YPF

Monday, July 6th 2009 - 12:54 UTC

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Chinese oil producer CNOOC is seeking cooperation rather than acquisitions, the corporation’s president Fu Chengyu was quoted on Sunday, amid talk CNOOC had set its sights on a unit of Spanish oil major Repsol/YPF. Read full article

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Bubba
Why would anyone in their right mind bid on a union locked marginal production company like YPF?
Jul 06th, 2009 - 04:56 pm - Link - Report abuse 0
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