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Verenex says talks with Libya continueVerenex Energy has said its agreement to be bought by China for $460 million remained in effect and talks to resolve its impasse with Libyan authorities continue. The small Canadian oil producer focused on Libya agreed in February to be bo More… |
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Firm seeking Libyan approval for China dealCanada's Verenex Energy is running short of time to get Libyan approval for its $460 million sale to China, making some investors pessimistic that the deal will go ahead. Verenex, a small Canadian oil company working in Libya, needs Li More… |
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Libya to buy Canada's VerenexLibya aims to purchase Canada's Verenex Energy as soon as possible, blocking a bid by China National Petroleum Corp, the head of Libya's National Oil Company said. CNPC on February 26 launched a friendly C$443 million ($363 million More… |
