PetroChina buys CNPC assets

China's upstream giant PetroChina will pay $2.5 billion to purchase overseas oil and gas fields from its state-owned parent China National Petroleum Corporation (CNPC).

Welcoming party: for PetroChina's new overseas assets
Welcoming party: for PetroChina's new overseas assets
Published 10 June 2005, 02:50Updated 3 July 2012, 03:07
Asia & Oceania