CNOOC says terminates Pan American deal with BP
Updated: 2011-11-07 14:13
(Agencies)
|
|||||||||||
China's biggest offshore oil producer CNOOC Ltd said on Sunday its 50 percent-owned unit Bridas Energy Holdings has determined to terminate a deal to buy BP Plc's 60 percent stake in Argentina-based oil and gas group Pan American Energy LLC (PAE).
In a filing with the Hong Kong stock exchange, CNOOC said Bridas Energy sent to BP a letter on Nov 5 to terminate the deal, which was initially signed in November last year.
It gave no further details.
Related Stories
CNOOC still in talks for BP's PAE 2011-11-03 14:40
CNOOC's Q3 sales revenues jump 23.7% 2011-10-27 13:45
CNOOC says oil leaks in Bohai Bay sealed 2011-10-25 10:35
CNOOC hit by fresh oil leak in northern waters 2011-10-15 10:59
CNOOC sees little need for Q4 spot LNG imports 2011-09-26 15:58
- Cotton producer faces inventory pressures
- Appetite for home delivery meals rises
- Domestic toy market perks up
- Healthy outlook for medical tourists
- China's trade surplus rebounds to $24b in Oct
- China's Oct CPI to ease to 5.5%
- China mulls special fund to boost arts
- Govt urged to open up crude oil import market
