News Wrap: Juniors M&A targets, Shell and Chevron

MANY Australian juniors in the cross hairs of Chinese national oil companies looking for overseas assets; Shell inks first shale deal in China; and Chevron gets regulatory reprieve over oil spill in Brazil.

Aussie juniors

Australian juniors appear to be plump targets for Chinese national oil companies looking to bulk up their assets overseas, The Australian Financial Review reports.

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