| 27.05.2011 - China energy firms eyeing Canadian oil |
| China has become a major investor in the world's second largest oil reserve in western Canada, spending over $13 billion in the last 18 months, senior officials from the Canadian province of Alberta said. China Investment Corp, the nation's $300 billion sovereign wealth fund, plans to move a managing director to Canada to bolster investment bids for natural resource assets, a company official who requested anonymity said..............................................Full Article: Source |