petroleum industry

Oil and the Beijing-Baghdad Trade Axis

Iraq could become the world’s next “oil superpower,” writes J. Michael Cole in The Diplomat, as China has stepped in with considerable capital to create an unlikely partnership that could define a new era of...

Oil Boom Refines a County’s School System

Caixin reports on major educational reforms in an oil-rich county in Shaanxi province: Situated in petroleum-rich northern Shaanxi Province, Wuqi County has reaped the benefits of its natural endowments in recent years. A...

China Oil Tycoon Held in $127 mln Graft Probe – Chen Aizhu

From Reuters: A tycoon who heads China’s largest private oil group has been detained on suspicion of embezzling 1 billion yuan ($127.9 million) in private and government funds, media reported on Tuesday. Gong Jialong, chairman of the Tianfa Group, owner of listed Tianfa Petroleum Co. Ltd. and head of the two-year-old China Chamber of Commerce […]

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