China in Line as U.S. Rival for Canada Oil
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Chinese energy companies are on the verge of striking deals in Canada in efforts to win access to some of the most prized oil reserves in North America.
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Canadian Prime Minister Paul Martin welcomed on Thursday the idea of Chinese investments in Canada's natural resource sector, where big metals company Noranda Inc.  is the target of a Chinese takeover bid.
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VANCOUVER (CP) - Canada is moving a couple more pieces in the chess game that its softwood lumber trade battle with the United States has become.
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The taste for oil is growing faster in China than anywhere else in the world, making it the second biggest importer after the US.
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Shares of Husky Energy Inc., a Canadian oil and natural-gas producer controlled by Hong Kong billionaire Li Ka-shing, rose after a newspaper reported that the Chinese government is in talks to buy the company.
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Europe and Canada joined the United States on Friday in filing a complaint contending China has erected illegal barriers to the sale of U.S. and other foreign-made auto parts.
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LEAL, Sudan -- On this parched and dusty African plain, China's largest energy company is pumping crude oil, sending it 1,000 miles upcountry through a Chinese-made pipeline to the Red Sea, where tankers wait to ferry it to China's industrial cities. Chinese laborers based in a camp of prefabricated sheds work the wells and lay highways across the flats to ...
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U.S.-based Westinghouse Electric Co.  has won a two-year battle for a multibillion-dollar nuclear  power deal with China, edging out French and Russian rivals to  secure a contract that may help Beijing smooth ties with  Washington.
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The United States is lining up with China, India and the world's other biggest polluters in opposition to mandatory cuts in Earth-warming greenhouse gases sought by the United Nations and European countries.
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China is closing fast on Japan and is likely to overtake it this year as the world&#39;s No. 3 trading nation behind the United States and Germany, new figures show.
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U.S.-based Westinghouse Electric Co. has won a two-year battle for a multibillion-dollar nuclear power deal with China, edging out French and Russian rivals to secure a contract that may help Beijing smooth ties with Washington.
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Royal Dutch/Shell Group RD.AS  SHEL.L said it would jointly operate 180 gas stations in  China by the end of 2004, the second foreign oil major after BP  to enter the country's huge but tightly controlled retail  market.
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By Arkady Ostrovsky in Moscow, James Boxell in London and Doug,Cameron in Houston. Gazprom, Russia&#39;s state-backed gas monopoly, could team up with one of the major international oil groups in a bid for the
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OTTAWA (CP) - With the loonie flying high against the American greenback, Canada will be casting a much wider net - reaching as far as Asia - for new investment and trade opportunities in 2005.
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The Canadian government moved forward with plans to sell its C$3.04 billion ($2.36 billion) stake in Petro-Canada, as the oil company filed offering documents with US and Canadian regulators.
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TORONTO (CP) - One month before a trade mission to China, Prime Minister Paul Martin said Canada must do more business with the booming Asian giant, whose economy could soon surpass that of the world's economic engine, the United States.
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The United States, the European  Union and Canada are expected to ask the World Trade  Organization on Friday to decide whether China is restricting  imports of foreign auto parts in violation of international  rules, U.S. and EU officials said on Thursday.