DUBAI, United Arab Emirates (AP) — The United Arab Emirates' main state oil company has signed a deal giving China National Petroleum Company an 8 percent stake in a major onshore oil project. The Abu Dhabi National Oil Company says CNPC will pay an initial $1.77 billion for the concession operated by the Abu Dhabi Company for Onshore Petroleum Operations, also known as ADCO. ADNOC has set aside 40 percent of the ADCO project for foreign partners.Read more on NewsOK.com