The NYT examination of how China is reaping the biggest energy benefits from post-war Iraq...

Jun. 04, 2013 12:38 PM ETCNOOC Limited (CEO) StockCEO, PCCYFBy: Carl Surran, SA News Editor1 Comment
The NYT examination of how China is reaping the biggest energy benefits from post-war Iraq angers some, but China’s terms of engagement with Iraq are familiar in African countries: They gather the resources quickly, efficiently and to the benefit of themselves and the governments of the host country. Chinese companies are willing to take Iraq's terms, which are often rejected by big Western oil companies.

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