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...

Two Missing in China Oil Rig Accident (Updated with Video)

The BBC reports: Two oil workers are missing and more than 30 have been rescued from a rig off China’s north-east coast, which was damaged in a storm, state media says. Helicopters and rescue boats are searching for two...

China Oil Deal Is New Source of Strife Among Iraqis

The New York Times follows up on an oil deal signed between Iraq and China last year in Iraq’s first post-war oil development contract, and looks at the consequences of the deal for Iraqi citizens: One year later, the...

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....

China, Filling a Void, Drills for Riches in Chad – Howard W. French and Lydia Polgreen

One of many impoverished and debt-ridden African countries that are now attracting Chinese businessmen, Chad is hoping that Chinese investments its oil fields will benefit the economy, instead of corrupt officials. From the New York Times: Chad is as geographically isolated as places come in Africa. It is also among the continent’s poorest and least […]

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