The American Lawyer

It hasn't exactly been a state secret the past few years that China is hungry for oil. Last week, Vinson & Elkins and three Canadian firms advised state-owned Chinese oil company Sinopec Group on its $7.2 billion oil field acquisition. It's the largest cross-border M&A deal ever by a Chinese company. Earlier this year Russian oil giant Rosneft secured $15 billion in loans under an agreement with the Chinese government. The deal was approved by Rosneft's shareholders on Monday.
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