Reform of China’s oil industry at a time of low prices Economic reform is high on the national agenda, at least according to the Third Plenary Session of the 18th Central Committee of the Communist Party of China, held more than two years ago in November 2013. Specific proposals included, among … Continue Reading ››
The last few months have seen a great deal of press speculation about Chinese government plans to reform its national oil companies (NOCs) and the NOC’s own plans to attract co-investors. It is still not clear whether the NOCs face wholesale restructuring or just incremental reforms. Either way, the … Continue Reading ››
The drop in oil prices is good news for China, but poses some questions relating to gas policy. By the second week of December 2014, international prices for crude oil had fallen to just above US$ 60 per barrel, 40% down from their levels of … Continue Reading ››
On 4th March 2013, I was in Dublin to give a talk on this topic at the Insititute of International and European Affairs
China’s rapid economic growth has led to a huge increase in its domestic energy needs. This book provides a critical overview of how China’s growing need for oil imports is shaping its international economic and diplomatic strategy and how this affects global political relations and behaviour. Part One … Continue Reading ››
At last, the sequel to the Adelphi Paper of 2002 (The Strategic Implications of China’s Energy Policy) is published. Co-authored with Roland Dannreuther. The aims of this book are:
- to identify the sources of this external oil policy by examining the dynamics of China’s domestic energy sector, and
- to show how energy is affecting the government’s foreign policy.