| From Theglobeandmail.com: Sovereign wealth fund China Investment Corp. sealed a deal yesterday to acquire an 11-per-cent stake in KazMunaiGas Exploration and Production, Kazakhstan's second-largest oil producer.
Also this week, the Nigerian government confirmed that government-controlled China National Offshore Oil Corp. has made a pitch to buy up to six billion barrels of Nigeria's crude oil reserves in a deal that could be worth as much as $30-billion (U.S.).................Full Article: Source
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