When China’s largest oil producer looked overseas 14 years ago for places to invest, it settled on the then-untapped riches of Sudan.
That investment, in 1996, kicked off a string of deals in Africa, as Chinese state-owned oil companies snapped up resources in countries often deemed untouchable by western companies.
But today the Chinese oil majors are sending their money in a different direction: Latin America, which has dominated headlines this year for upstream oil and gas deals. Chinese oil companies have spent more than $15bn in upstream deals there this year – and industry executives say there is more to come.
您已閱讀17%（621字），剩余83%（3122字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專屬服務(wù)。