According to a report from the Associated Press, China's state-owned offshore oil and gas company is intensifying its search for oil in the western United States. CNOOC Ltd. announced it will pay $570m for a one-third stake in Chesapeake Energy Corp.'s drilling project in an emerging oil field in northeast Colorado and southeast Wyoming.
(Source: AP)
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The U.S., Canada and Finland will form a consortium to build icebreaker ships, a senior U.S. administration official said…
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