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GDF Suez looks to China fund to expand Asia access
French power and gas company GDF Suez wants its new alliance with China's sovereign wealth fund to bring in Chinese partners to help develop global energy projects and expand its Asian presence, the company's chairman said Monday.China Investment Corp. agreed in August to invest 3.3 billion euros ($4 billion) in GDF Suez's gas exploration unit and a gas facility in the Caribbean. The companies pledged

Wal-Mart says China CEO, another exec resign

/BEIJING (Reuters) - Two executives of Wal-Mart Stores Inc's China operation, including its head, have resigned for personal reasons, the company said on Monday, the latest setback for the world's

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New CNOOC oil leak found in China's Bohai Bay
Chinese offshore oil and gas producer CNOOC Ltd. says it has suspended operation of an oil platform after finding a leak in one of its oil fields in the Bohai Bay.

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Chinese firm to buy Canadian energy company
China's energy giant Sinopec has signed a deal with Canadian oil and gas explorer Daylight Energy Ltd. to take over the company for 2.2 billion Canadian dollars (about $2.1 billion), Sinopec said in a statement on its website Monday.

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Brent up on N.Sea, Libya; US oil down with equities

Brent crude rose on Tuesday after three straight declines as tight North Sea supply and continuing uncertainty in Libya boosted prices.

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Brent crude oil over $111 on stimulus hopes

Brent crude oil rose above $111 per barrel on Tuesday as expectations of a new stimulus for the U.S. economy outweighed fears of recession and worries over the euro zone debt crisis.

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