UAE, China oil giants agree to expand partnership.The United Arab Emirates government-controlled Abu Dhabi National Oil Company has signed on Wednesday a framework agreement with China National Petroleum Corporation (CNPC) to expand collaboration, said UAE state news agency WAM.[China Daily]    China and India chase stakes in Abu Dhabi offshore oil fields.China and India are each targeting a share of Abu Dhabi’s largest offshore oil fields as the Persian Gulf producer seeks partners to boost output and ensure exports of its oil to two of the world’s most promising markets. [Bloomberg]    China's ODI drops 40.9% in Jan-Oct.China's non-financial outbound direct investment fell 40.9% YoY in Jan-Oct period as authorities curbed irrational investment overseas, data showed Thursday. Chinese investors spent atotal of $86.3bn on 5,410 enterprises from 160 countries and regions during the period, the MOC said in a statement. [China Daily]

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