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03/28/2024 09:43:23 pm

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CNPC Snaps up 8 percent Stake in Abu Dhabi’s Oil Venture.

China’s oil Juggernaut CNPC Snaps up 8 percent Stake in Abu Dhabi’s Oil Venture

China's state owned oil and petroleum giant The China National Petroleum Corporation (CNPC) has snapped an 8 percent stake in Abu Dhabi's largest oil concession in a deal that is worth estimated to be $1.77 billion.

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