Calgary Herald by Stephen Ewart.  The surge in Chinese investment in Canada’s oil and gas, pipelines, coal and mining sectors would attest to that trend. When Sinopec recently announced an offer to buy Calgary-based gas producer Daylight Energy there were rumours that at least three other Chinese companies were interested.

 

APRN by Dave Donaldson.  Great Bear Petroleum surprised the state’s oil industry a year ago when it leased – for shale exploration — approximately a half-million acres just south of the Prudhoe Bay and Kaparuk fields.  On Tuesday morning, President Ed Duncan told the House Resources Committee that the company has spent about $1 million in getting permits – and plans to drill its first exploratory wells this winter.  He says the project is in its “Proof of Concept” phase.