This authoritative book on China's oil demand and government policies and practices rests on two essential foundations: first and foremost on the author's considerable knowledge of China's oil situation and prospects, together with his access to Chinese energy literature and data; and secondly, on that insight afforded to him and, therefore, his readers from his fluency in Chinese.The author analyzes the Chinese oil market and the rising pressure on Beijing to reform policies which constrain China's ability to meet soaring demand and to pay for crucial imports at a time of growing political and economic uncertainties. Dr Wang acknowledges the importance of China meeting its growing domestic oil demand, if at all possible, through national production. The sheer weight of China's population, and its burgeoning requirements as industrialization spreads into most regions, dwarfs the needs of others and places unprecedented strain on international oil trades.The author stresses the fact that the outcome is hard to define, yet the time required to tackle the nation's energy needs is not limitless. Moreover, he reminds the reader of the perennial difficulty in meeting widely disparate economic and energy needs in different regions of the vast country.

The Chinese Oil Industry: History and Future presents a wealth of tables and figures with new data on Chinese fossil fuel production and consumption, together with a peak oil model to forecast future trends in energy supply and demand. Energy experts in China and the United States provide you with a unique overview of the entire Chinese oil industry. The authors discuss trends in production and consumption of global significance through to the middle of the 21st century, including the energy returned on energy invested (EROI) for China’s oil and gas. The role of oil in the industrialization of China is described as are four phases in the history of the Chinese oil industry. Detailed coverage of resources and exploration, pipeline development, refining and marketing, petroleum and natural gas pricing policies, and international cooperation is followed by consideration of conservation, renewable energy, and environmental impact. The authors also address the importance of coal and the probable future of coal production. - Offers a comprehensive view of the Chinese oil industry - Presents new and previously unpublished data - Covers history and future trends in production and consumption - Introduces a new peak oil model for China - Discusses EROI trend of oil and natural gas and its consequences for the Chinese economy - Written from an objective viewpoint by leading energy experts

This book focuses on corporate social responsibility (CSR) records of Chinese oil investments in five Latin American countries: Peru, Ecuador, Argentina, Colombia, and Venezuela. These investments have been spearheaded by China’s national oil companies and their behavior has been scantly studied. The author uses comparative case studies to empirically examine existing theories of CSR. By using oil companies as the basic unit of analysis, this project adds a micro-level dimension to the field of China-Latin America relationship. It is ideal for audiences interested in the political economy of the oil industry, China, Latin America, and corporate social responsibility.

With their phenomenal growth rates, India and China are surging ahead as world economic powers. Due to increasing instability in the Middle East, they have turned to Africa to procure oil to fuel their industrialisation process. Africa’s economy stands to be impacted in various ways due to the increasing interaction with these ‘Asian Giants’. This book analyses the acquisition of oil blocks by Indian and Chinese oil corporations in eleven West African countries. It describes the differences in how India and China mobilise oil externally to meet their respective goals and objectives. The book examines the rate of return on capital, rate of interest on loans and the ease of availability of loans, the difference in the level of technology and ability to acquire technology, project management skills, risk aversion, valuation of the asset and the difference in the economic, political and diplomatic support received by the Chinese and Indian oil companies from their respective governments. It is argued that the difference in the relative economic and political power of India and China accounts for the ability of Chinese oil companies to outbid their Indian competitors and/or be preferred as partners by international oil companies. Containing interviews from Indian and Chinese oil company executives, government officials, industry officials, former diplomats and scholars and academics from India, China and the UK, this book makes a valuable contribution to existing literature on India, China and the oil industry in West Africa. It will be a valuable resource for academics in the field of International Relations, Foreign Policy Analysis, Asian Business and Economics.

In The Ebb and Flow of Chinese Petroleum, the author Huahe Mao breaks with the official government narrative concerning the Chinese petroleum industry and provides the true story as he personally experienced it.

In the past decade, the need for oil in Asia's new industrial powers, China and India, has grown dramatically. The New Kings of Crude takes the reader from the dusty streets of an African capital to Asia's glistening corporate towers to provide a first look at how the world's rising economies established new international oil empires in Sudan, amid one of Africa's longest-running and deadliest civil wars. For over a decade, Sudan fuelled the international rise of Chinese and Indian national oil companies. But the political turmoil surrounding the historic division of Africa's largest country, with the birth of South Sudan, challenged Asia's oil giants to chart a new course. Luke Patey weaves together the stories of hardened oilmen, powerful politicians, rebel fighters, and human rights activists to show how the lure of oil brought China and India into Sudan--only later to ensnare both in the messy politics of a divided country. His book also introduces the reader to the Chinese and Indian oilmen and politicians who were willing to become entangled in an African civil war in the pursuit of the world's most coveted resource. It offers a portrait of the challenges China and India are increasingly facing as emerging powers in the world.

The key subjects of the book are policy imperatives, market dynamics and regional developments concerning oil and gas, as well as energy as a whole in China. In addition to national policies and issues, the objective of this book is to study China's regional and provincial oil and gas demand, supply and trade, energy balances, and economic development, with projections up till 2020. Particular emphasis will be given to challenges facing the Chinese government in ensuring future oil and gas supplies, energy security, the use of natural gas in coastal provinces for power generation, oil and gas related environmental issues, and the need for foreign investment in the oil and gas sector development. The impact of China's oil market development and imports on the Asia-Pacific region will also be examined. Energy Economy in China also reviews all current and future domestic and international oil and gas pipelines, import plans and emerging new gas markets in China over the next fifteen years.