Once-acquisitive Chinese oil giant looks to revive global dealmaking

Once-acquisitive Chinese oil giant looks to revive global dealmaking

FILE PHOTO: People visit a booth of China National Petroleum Corporation (CNPC) at the Smart China Expo in Chongqing, China August 23, 2018. Picture taken August 23, 2018. REUTERS/Stringer/File Photo

CNPC, Asia’s top oil producer, is reviewing its global strategy as it looks to revive dealmaking, eyeing gas liquefaction and deepsea drilling as well as building on its record of producing more from aging wells, the head of its research arm said.