67 F
Laguna Hills
Wednesday, Apr 22, 2026

China, India to Bid for PetroKazakhstan

China and India on Monday began the next major battle over Asian energy assets, as Chinese state oil firm CNPC launched a $4.18 billion bid for PetroKazakhstan and Indian state-run company ONGC immediately said it was preparing a counter-bid.

*For more on this story,

read the full Reuters article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

  • Unlimited access to OCBJ.com
  • Daily OCBJ Updates delivered via email each weekday morning
  • Journal issues in both print and digital format
  • The annual Book of Lists: industry of Orange County's leading companies
  • Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Featured Articles

Related Articles