News Headline Summary

PetroChina (857 HK) agreed to form a joint venture with Encana Corp., Canada's largest natural gas producer, paying CAD 1.18bln for a 49.9% stake in Alberta's Duvernay formation

Update details:

- Note, yesterday PetroChina agreed to pay BHP Billiton USD 1.63bln for its holding in Woodside Petroleum's proposed browse LNG project in Western Australia.

Print 00:46, 14 Dec 2012 - Asian News - Source: Newswires