Shell, PetroChina bid $3 billion for Australia's Arrow (Reuters via Yahoo! News)

7 March 2010, 11:30 pm

Royal Dutch Shell (RDSa.L) and PetroChina (0857.HK) jointly bid more than $3 billion for Australia's Arrow Energy , marking a Chinese firm's first foray in the country's burgeoning coal-seam gas sector and sending Arrow's shares soaring by nearly half.... Read More »

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