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

Analysis details (19:46)

- 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.

13 Dec 2012 - 19:46 - Equities - Source: Newswires

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