Posted on 05/08/2008 5:00:46 PM PDT by Flavius
BEIJING: PetroChina said on Tuesday it will sign a framework deal with Venezuela this week to jointly explore for orimulsion fuel in the Latin American nation and build a new refinery to process the heavy oil in China.
This follows more than a year of negotiations as the Chinese oil major sought compensation after Caracas forfeited a long-term supply pact of the heavy boiler fuel.
(Excerpt) Read more at economictimes.indiatimes.com ...
we have tax rebates they are squeezing out our multinationals that are multimedia tanted
and are slipping right into the drill hole, every granola eating clown should be happy its what they wanted
kudos masters
Look on the bright side! In a war with China, we can always take out their petroleum supply.
i just feel run by negotiators
if you know what i mean
The ‘former’ Communist Bloc is taking their energy hegemony very seriously while we pander with the ecowhackos.
i am almost certain there was this place called Japan that ran out of oil in world war II
next thing , there where bunch of zeros flying over
And nobody saw this coming when Hugo started to squeeze out the US and European oil cos.? Everybody on FR told me I was crazy, that it was too expensive to sell to the Chinese and ship the oil all the way to China. Right!
Our legislators are lining their pockets to NOT permit us to develop our own resources in the name of phony environmentalism, while turning a blind eye to our enemies as they deny us theirs. All our wounds are self-inflicted by the traitors in both parties we keep returning to D.C.
The refinery complex at Ploesti (sp?) was more heavily defended by anti-aircraft batteries than Berlin.
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