oil drilling



US Oil Giant Says China Spill Worse Than Thought

An oil spill which was kept secret for a month while it spread over an area half the size of London may have been larger than anticipated, according to rig operators. From the AFP: “During our cleanup operations in Bohai...

Shell Partners with Chinese for Iraq Oil Bid

Royal Dutch Shell is partnering with Chinese companies to enter a joint bid on oil fields in Iraq, Reuters reports. China was the first country to successfully bid on a major oil deal in post-Saddam Iraq: “We indeed have...

‘Oil Chinese’ in Venezuela Are Treading Carefully

From Radio Netherlands Worldwide: Mr Li is the embodiment of today’s fastest growing world power: China. He strikes oil deals, builds hospitals and motorways, sells merchandise, takes over companies and lays oil pipelines....

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