The energy policies of many Asian countries center on meeting the needs of their fast-growing economies while diversifying resources. As a result, Asian energy companies have been boosting capital investment dramatically and making increasing numbers of acquisitions of all sizes. For example, China National Petroleum Corp. acquired a stake in the Kashagan oil field in Kazakhstan for US$5 billion late last year, and China National Offshore Oil Corp. acquired U.S.-based Nexen Inc. for US$19 billion in 2012. In addition, in pursuit of resources, energy companies have become more willing to invest in countries with a higher perceived risk of doing business. Indeed, these days good investment opportunities are much harder to find than funding.