fracking changes everything.docVIP

fracking changes everything The implications of the shale energy revolution in the United States， which has helped it surpass Russia to become the world’s largest producer of natural gas in 2009 and may result in the displacement of Saudi Arabia as the world’s largest oil producer by 2020， are already being felt in China. Ten years ago， Chinese oil executives regarded the international mergers and acquisitions （MA） landscape to be rather bleak. They felt disadvantaged by their relatively late arrival to cross-border MA. In their view， the best assets were in the hands of foreign governments th