The first major meeting of Chinese and Latin American leaders agreed closer cooperation on trade, investment, and industry, but is more likely to usher in deals on oil and gas rather than renewable energy, analysts said in response to a summit...
The late Hugo Chávez cozied up to China as part of his drive to curb U.S. influence in the Americas. Maduro, like his predecessor, has relied on Beijing to underwrite Venezuela’s flagging socialist revolution and finance the country’s gaping...
The inspectors, part of China's Central Commission for Discipline Inspection (CCDI), will focus on senior figures within Sinopec who may be promoted to leadership roles.
Nearly everyone agrees that the U.S.-China climate announcement is a big deal, but most observers have...
Publicly, China's engagement in Africa is purportedly based on “mutual benefit” or, as Chinese officials like to phrase it “win win.” Behind the scenes, though, it's a little more complicated. Many of those multibillion-dollar natural resource-...
Rosneft is proposing that China take a stake in one of its largest oilfields—a deal that would deepen energy ties between Moscow and Beijing at a time when the future of western companies in Russia is uncertain.
EU proposed sanctions against Russia over accusations Moscow was sending troops into Ukrainian territory, saying the European Union's push to draw up more...
The import increase comes as U.S. sanctions are loosened.
Vietnamese Prime Minister Nguyen Tan Dung said his government was considering various "defense options" against China, including legal action, following the deployment of a Chinese oil rig to South China Sea waters Hanoi also claims.
Properties in the Vietnam-Singapore Industrial Parks (VSIP) I & II in Binh Duong were targeted by thousands of protesters demonstrating over China's deployment of an oil rig in disputed waters.
Daniel Kliman:
Five thousand miles from Ukraine, off the coast of Vietnam, China is taking a page from Russian leader Vladimir Putin’s playbook. Beijing’s recent placement of a huge oil drilling rig in disputed waters in the South...
Just after the December 29 celebration of the Muslim holiday Ashura in southern Iraq, heads of the Iraqi subsidiary of China National Offshore Oil Corp. (CNOOC) received a letter titled “Suspending all activities of Hermic.”
The sender of...
China may buy more Iranian oil this year as a state trader is negotiating a new light crude contract that could raise imports from Tehran to levels not seen since tough Western sanctions were imposed in 2012, running the risk of upsetting...
A legal storm that started with China’s largest state-owned oil company has expanded to include Iraq and led to the detention of more people.
Mi Xiaodong, a former mid-level official at China National Offshore Oil Corporation (CNOOC) was...
The announcement by Ecuador’s president, Rafael Correa, that he has abandoned a ground-breaking scheme stopping...
In the past, conventional militaries were plagued by wartime oil shortages that severely undermined their battlefield effectiveness. But could oil shortages threaten military effectiveness in a large-scale conventional conflict today or in the...
The Chadian government shut most or all oil operations run by China National Petroleum Corporation (CNPC) over allegations of an oil spill, poor worker safety, and violations of other environmental regulations. CNPC, not surprisingly, denied the...
The South China Sea is one of the world’s most strategically important waterways. China has fanned hostilities with other nations with sovereignty claims and confrontations over disputed islands and even specks of rock.
China is likely to overtake the U.S. as the world’s largest oil importer as early as next year.The switch comes as the U.S. continues to boost domestic energy supply while China’s energy demand remains robust.
Beijing’s essentially unlimited financial resources allow the country to be a force in both the developed and developing world, one that threatens to obliterate the competitive edge of Western firms and kill jobs in Europe and...
On May 9, China National Offshore Oil Corp.’s (CNOOC) first deepwater drilling platform began operating in the South China Sea. The world-class vessel is stationed in the Liwan 6-1-1 field, about 320 kilometers southeast of Hong Kong, in waters...
As Gady Epstein reports in this special dispatch, “some time ago, we reached the China Zone in the BP story.” The China Zone is—for those of you who haven’t heard of it yet—the point at which a reasonable observer will believe almost anything...
According to conventional wisdom, the United States and China are locked in a high-stakes competition for energy resources around the world, particularly in Africa. Against the backdrop of highly volatile oil prices, mounting concerns about...
