Shell’s subsidiary, Shell Global Solutions is attempting to position itself as the preferred partner for businesses in Asia in managing and developing their growing energy needs. And these needs are increasing rapidly. According to the Energy Information Administration’s (EIA) International Energy Outlook 2006 report, world consumption is projected to increase by 71% from 2003 to 2030.
The International Energy Agency has predicted that global carbon dioxide emissions would increase by a staggering 55 per cent between now and 2030, unless “urgent” action was taken by governments and consumers. That is the catastrophic scenario of continuing with “business as usual” depicted in its annual World Economic Outlook.
Anyone interested in the changing geo-political landscape and China’s growing influence on oil politics should listen to Tom Mangold’s second programme in his excellent series, “Driven By Oil”. The programme explores how the emergence of a thirsty China will reshape our world over the coming decades. It will lead, in all probability, to increased conflict … Read More
The dragon is thirsty. China’s consumption of oil has risen exponentially in the past decade and by last year it was the largest oil importer after the US. Slowly but surely China is buying up foreign oil and gas reserves to fuel its rapidly growing economy. In little under a year, Chinese firms have signed … Read More