Saturday 12 November 2011

Oil Riches Pile on China Doorstep as Clashes Delay Drilling

Nov. 11 (Bloomberg) -- To China, the world’s biggest energy consumer, another Saudi Arabia of oil may lie beneath the ocean to its south. Escalating regional tensions mean large-scale drilling may be slipping further into the future. The South China Sea may hold 213 billion barrels of oil, or 80 ...


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