{"id":426528,"date":"2010-03-14T08:57:35","date_gmt":"2010-03-14T12:57:35","guid":{"rendered":"http:\/\/www.businessinsider.com\/cnooc-forms-31-billion-oil-venture-in-argentina-2010-3"},"modified":"2010-03-14T08:57:35","modified_gmt":"2010-03-14T12:57:35","slug":"china-makes-another-huge-oil-bet-in-south-america","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/426528","title":{"rendered":"China Makes Another Huge Oil Bet In South America"},"content":{"rendered":"<p class=\"float_right\"><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b951e427f8b9a0046c00400\/china.jpg\" border=\"0\" alt=\"China\" \/>While the US dithers in Iraq, and boots away its opportunity to reap the spoils of war, China continues to make big gains among our neighbors.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704416904575121130528712408.html?mod=WSJ_Markets_section_Deals\">WSJ<\/a>:<\/p>\n<p style=\"padding-left: 30px;\">Cnooc Ltd. said Sunday it has agreed to form an oil-production joint venture with Argentina&#8217;s Bridas Energy Holdings Ltd. for US$3.1 billion to boost its oil production and reserves.<\/p>\n<p style=\"padding-left: 30px;\">The Beijing-based oil company&#8217;s unit Cnooc International Ltd. and Bridas Energy Holdings will each hold a 50% stake in the joint venture, which has exploration and production activities in Argentina, Bolivia and Chile through its 40% interest in Pan American Energy LLC, the statement said.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704416904575121130528712408.html?mod=WSJ_Markets_section_Deals\">Read the whole thing &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/cnooc-forms-31-billion-oil-venture-in-argentina-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/gold-threatened-by-etf-overhang-2010-3\">Credit Suisse: The Upcoming ETF Unwind Will Pummel Gold<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/its-speculators-vs-democracy-2010-3\">It&#8217;s Speculators vs. Democracy<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/are-shipping-numbers-masking-a-stealth-commodities-selloff-2010-3\">Are Shipping Numbers Masking A Stealth Commodities Selloff?<\/a><\/li>\n<\/ul>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/RBokH5hyLNFNstA_H-gt64EHKCk\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/RBokH5hyLNFNstA_H-gt64EHKCk\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/RBokH5hyLNFNstA_H-gt64EHKCk\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/RBokH5hyLNFNstA_H-gt64EHKCk\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=XnlhE0pCW6M:DKmL9vbijEc:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=XnlhE0pCW6M:DKmL9vbijEc:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=XnlhE0pCW6M:DKmL9vbijEc:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=XnlhE0pCW6M:DKmL9vbijEc:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=XnlhE0pCW6M:DKmL9vbijEc:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=XnlhE0pCW6M:DKmL9vbijEc:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=XnlhE0pCW6M:DKmL9vbijEc:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=XnlhE0pCW6M:DKmL9vbijEc:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/greensheet\/~4\/XnlhE0pCW6M\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While the US dithers in Iraq, and boots away its opportunity to reap the spoils of war, China continues to make big gains among our neighbors. WSJ: Cnooc Ltd. said Sunday it has agreed to form an oil-production joint venture with Argentina&#8217;s Bridas Energy Holdings Ltd. for US$3.1 billion to boost its oil production and [&hellip;]<\/p>\n","protected":false},"author":810,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-426528","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/426528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/810"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=426528"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/426528\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=426528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=426528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=426528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}