oil pipeline

China Set to Become Largest Net Oil Importer

The U.S. Energy Information Administration predicts that China is likely to become the world’s largest net oil importer as soon as October: The imminent emergence of China as the world’s largest net oil importer has...

Kunming PX Environmental Assessment Under Fire

Environmental groups have attacked the impact assessment report for a planned PX plant near Kunming, published late last month following major protests against the project. The report deemed risks from the plant...

China Takes Over Strategic Port in Pakistan

Chinese Overseas Port Holdings Limited took over management of the Pakistani port of Gwadar on Monday, amid suspicion of China’s growing presence in the Indian Ocean. From Reuters: China financed more than 80 percent of...

Obama Visit Shows U.S.-China Rivalry Over Myanmar

Little more than a year ago, there was talk of Myanmar (also known as Burma) as a “Chinese California”, offering China a west coast onto the Indian Ocean. Now, Coke and Pepsi billboards glare at each other across...

Chinese Bank Pulls out of Pakistan-Iran Pipeline

Following pressure from the U.S. and its allies, China is pulling back from its support for Iran. The Industrial and Commercial Bank of China has backed out of investing in a pipeline that would run from Iran through Pakistan,...

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