23 April 2024
China's investment in overseas unconventional oil and gas easing
Publication date: 11 June 2012
Gas Strategies Group
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According to media reports last week, Chinese companies will ease up on purchasing overseas unconventional oil and gas assets in favour of a more domestic focus, after two years of aggressive investment. In the last two years, Chinese companies have been heavily investing in unconventional resources, particularly in North America, with the majority of agreements involving the transferring of Western unconventional energy technology to China.