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Energy companies are new targets of Chinese economic expansion. Chinese oil producers, which are state-controlled, are interested in investing in financially struggling energy comp
U.S. imposed sanctions on China’s state-run Zhuhai Zhenrong Corp, along with two other firms, for trading refined oil products to Iran. The move took place just days after US
Chesapeake Energy, the second-largest producer of natural gas in North Texas’ Barnett Shale, has plans of selling off one of its pipeline units, Appalachia Midstream Services, L.