oil demand

China Has Head Start Over West for Iraq Oil

The Guardian reports on the significance of China’s new oil deal with Iraq: The deal could set a precedent for terms that fall far short of the lucrative contracts the oil majors had hoped for as they jostled for access to...

New Link Takes Kazakh Oil to China – Raushan Nurshayeva

From Reuters, via The Moscow Times: Kazakh oil started flowing into a new pipeline to China on Thursday, the first such route from an ex-Soviet state and the start of a project that could give Beijing direct access to Caspian Sea crude. The pipeline, partly financed by energy-hungry China, which has pledged to take responsibility […]

China’s thirst for energy complicating global policy – Tim Johnson

From Knight-Ridder: Barely a dozen years ago, when China’s lamps still burned low, the country didn’t need deep-sea oil ports, massive tank farms and a brawny foreign policy to procure oil in far-flung spots. Today, China is an oil-guzzling dragon with a voracious thirst. Supertankers stretching three football fields in length now wait to enter […]

China muscles in to Africa oil scramble – Pascal Fletcher

From Reuters: With a booming economy to match its global ambitions, China is elbowing its way in to join the scramble for Africa’s untapped oil riches. On the same continent where Cold War enemies the United States and the Soviet Union once sparred through proxy regimes and armies, Chinese oil executives now jostle with western […]

Oil Exports Leave China Grappling for Fuel at Home

From the Washington Post: Known widely for its porcelain, this grimy city in southern China is the source of much of the world’s tiles and bathroom fixtures. Yet several factories have shut down in recent weeks, and nearly all are running at a reduced clip: Here in Guangdong province, the heart of China’s industrial boom, […]

China’s Global Hunt for Energy – David Zweig and Bi Jianhai

From Foreign Affairs (article preview only): An unprecedented need for resources is now driving China’s foreign policy. A booming domestic economy, rapid urbanization, increased export processing, and the Chinese people’s voracious appetite for cars are increasing the country’s demand for oil and natural gas, industrial and construction materials, foreign capital and technology. Twenty years ago, […]

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