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SAO PAULO: Chinese oil and gas firm CNOOC Ltd wants to exercise an option and acquire an additional 5% stake in production rights for the Buzios oilfield for US$2.08bil (RM8.71bil), according to the oilfield’s owner, Brazil’s Petrobras.
When Cambodian officials commemorated the start of the country's first oil project in June by preserving the first drops of production at a high profile ceremony, they heralded the country's emergence as a budding oil exporter at the heart of Asia.
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When Cambodian officials commemorated the start of the country's first oil project in June by preserving the first drops of production at a high profile ceremony, they heralded the country's emergence as a budding oil exporter at the heart of Asia.
PHNOM PENH/SINGAPORE: When Cambodian officials commemorated the start of the country's first oil project in June by preserving the first drops of production at a high profile ceremony, they heralded the country's emergence as a budding oil exporter at the heart of Asia.
When Cambodian officials commemorated the start of the country's first oil project in June by preserving the first drops…