Posts in China
- Chinese companies are changing their investment strategies, with implications for the global energy market
- The Chinese state oil company, CNOOC has become the first Chinese oil company to invest in Arctic oil.
- On the same day that Peru declares a State of Emergency over oil pollution in the Amazon, the Ecuadorians offer 3 million hectares of pristine forest to the Chinese to explore for oil.
- Human rights campaigners are warning that further ethnic cleansing in Burma, which is being exacerbated by land clearances due the Shwe Oil Gas pipeline, could be imminent.
- It was planned to be the year of friendship between China and Japan, but instead we have a brewing conflict over oil. The headlines of the burgeoning diplomatic spat between China and Japan may be about “disputed islands” but make no mistake, this is a conflict over oil. It was all meant to be so...
Continue reading 'Japanese – China Conflict “All About Oil”'.
- In its “Energy Outlook” for last month, the global investment bank Goldman Sachs argued that “China remains the key growth driver” for worldwide oil demand. One of the key questions for the past decade for many in the oil-game has been where China, this vast emerging super-power, is getting access to its oil and will...
Continue reading 'Chinese Increase Investment in Tar Sands'.
- What a difference a day makes. Last week, the FT’s “Energy Special” pull-out included an article on China’s potential for shale gas. The article quoted a recent report from the investment bank, Jefferies which said: “Unconventional gas is a dream come true for China’s energy policymakers,” but then the report added “China does not need...
Continue reading 'China To Start Fracking Too'.
- Alberta’s minister of energy Ron Liepert was in New York this week and took the opportunity to threaten the State Department over the slow pace (as he sees it) of the approval process for the Keystone XL pipeline. The pipeline is designed to carry up to 900,000 barrels per day of mostly tar sands derived...
Continue reading 'Empty threats should not be made at ‘friends’'.
- One of the main concerns of the Ogoni activist and writer, Ken Saro-Wiwa was the collusion between Shell and the Nigerian Government. We already know that this collusion went from the top levels of the government to routine logistical and financial support for the military. Saro-Wiwa once said that one of their protests was “anti-Shell,...
Continue reading 'Nigeria: “Shell has access to everything”'.
- From one disaster to another.. Early on during Deepwater, I blogged on how the Canadians were looking to exploit the spill to push their dirty oil. The fact has not been lost on the industry bible, the Petroleum Economist, (PE) which notes in its July edition that “whisper it, but the US’ misfortune could be...
Continue reading 'The Boom Times Are Back'.
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