Mon, 23 Jul 2012 11:35:06 CDT

LONDON - China may soon get control of a large slice of UK North Sea oil supply, which is key to determining global oil prices, if bids by its state firms for assets of Canadian oil companies Nexen and Talisman are cleared by the regulators. China's top offshore oil producer CNOOC on Monday offered to pay $15.1 billion for Nexen while China's top refiner Sinopec will buy 49 percent in...

Read full article at: yahoo.com

 
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